Batm Advanced Regulatory News (BVC)

21 Feb 2006 07:03

BATM Advanced Communications Ld21 February 2006 BATM Receives First Orders from a New leading International Telecom supplier London, 21st February 2006, BATM Advanced Communications Ltd (LSE: BVC), isdelighted to announce that it has received first purchase orders, under abinding Memorandum of Understanding with a new customer - a leadinginternational telecom supplier. The initial value of the contract isapproximately US$2M, with delivery starting immediately and ending before theend of 2006. Assuming successful completion, BATM expects the scope and scale ofthe contract to expand significantly going forward. Dr. Zvi Marom, the CEO of BATM commented: "We are delighted to add such animportant customer to our client list. We are confident in our ability todeliver our leading edge technology to this customer's satisfaction. Thiscontract is another sign of confidence by customers in our capability to serviceworld-class telecom companies and will strengthen our growth prospects." Under the contract BATM will adapt its BINOS networking software to the telecomoffering of this vendor. The BINOS will enable advanced quality of serviceincluding MPLS/ HVPLS quality of service across IP access networks for Video,Voice and Data on IP platforms. Enquiries: Amira BardichevGlobal Equity IRT. +44-7956-206270Amira@global-equity-ir.co.ukwww.global-equity-ir.co.uk About BATM Advanced Communications BATM is a world leader in the design and supply of IP packet-based systems suchas high-capacity, self-routing switches with extensive Quality of Servicecapabilities. For more information, visit the BATM Advanced Communications website at www.batm.com Telco Systems is a wholly owned subsidiary of BATM Advanced Communications Basedin Foxboro, Massachusetts; the company provides industry-leading networkingsolutions to the carrier and enterprise markets. Telco Systems' focus is tomaximize the power of customers' networks by integrating transport, access, andpacket technologies onto industry-leading platforms, therefore fully meetingtoday's and tomorrow's network requirements. For more information, visit theTelco Systems web site at www.telco.com This information is provided by RNS The company news service from the London Stock Exchange