16 Aug 2010 07:00
| Date: | 16 August 2010 |
| On behalf of: | Avanti Communications Group plc ("Avanti" or "the Company") |
| Embargoed for release: | 0700hrs |
Avanti Communications Group plc
Contract Win
Avanti (AIM: AVN), the broadband satellite operator, is pleased to announce that it has signed a three year contract with Computerlinks which becomes a major distributor for Avanti's Business Continuity products including its patented Business Internet Continuity (BIC) service.
Computerlinks will enable its channel partners, of whom there are over 5,000, to address the rapidly growing market demand for disaster recovery telecoms services. They will now be able to provide true Business Internet Continuity to their installed and new customers who are becoming increasingly wary of reliance on single circuits to connect them to the "Cloud" or to their own application and data servers.
Avanti has secured international patent protection for its Business Internet Continuity product, which is capable of instantly restoring, by satellite, not only connectivity but also IP addressing in the event of a failure of customers' primary telecoms circuit. The contract is worth up to £4.5 million.
Commenting, David Williams, Avanti Chief Executive, said:
"This contract brings an important new revenue stream to Avanti and our first major sale of our patented Business Internet Continuity product to a large and highly expert customer. With the increasing importance of cloud computing in the Enterprise market, simple, cost effective and scalable Business Continuity solutions will be in demand across the World. Avanti's patented Business Internet Continuity product has potential application for almost every connected business in the World and takes satellite broadband beyond core rural and enterprise markets. With the global reach of Computerlinks working together with the coverage offered by the HYLAS fleet of three satellites, the possibilities are very exciting."
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For further information please contact:
Avanti Communications Group Plc Tel: +44 (0) 20 7749 1600
David Williams
Cenkos Securities Tel: +44 (0) 20 7397 8900
Julian Morse / Max Hartley
Jefferies International Limited Tel: +44 (0) 20 7029 8000
Rupert Mitchell / Oliver Griffiths
Redleaf Communications Ltd Tel: +44 (0) 20 7566 6700
Emma Kane / Paul Dulieu
Notes to Editors:
About Avanti
¡ Avanti sells satellite broadband services to telecoms companies which use them to supply residential, enterprise and institutional users.
¡ Avanti's first satellite, called HYLAS 1, will launch in Q3 2010 and will be the first superfast broadband satellite launched in Europe.
¡ Avanti's second satellite, called HYLAS 2, is fully funded and will launch in Q2 2012. It will extend Avanti's coverage to Africa and the Middle East.
¡ The market for 2Mb satellite broadband products in the markets served by Avanti is estimated at more than 100 million households.
¡ Avanti's third satellite, HYLAS 3, is starting construction and will launch at the end of 2012 with coverage over Latin America.
About Computerlinks
¡ Computerlinks is a $800m turnover leading global distributor of IT security and Internet technology solutions which has been providing channel partners for over 20 years with reliable, supported solutions from world-leading hardware and software manufacturers.
¡ Computerlinks focuses on the dynamic Internet technology areas of e-business and e-security, and the emerging area of IP Physical Security.
¡ Computerlinks do not sell direct to the end-user community or possess its own reseller arm. It operates through a network of reseller partners, including VARs, OEMs, systems integrators, ASPs and ISPs, offering a single point of expertise and assistance as they deliver solutions.
¡ The Computerlinks Group operates across Europe, Australia, The Middle East, Asia, and Northern America. In Europe, Computerlinks has offices in Austria, Denmark, Finland, France, Germany, Hungary, Ireland, Italy, Sweden, Switzerland, and the UK.