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Pin to quick picksBatm Advanced Regulatory News (BVC)

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BATM wins two telecoms contracts in the US

16 Jun 2014 07:00

RNS Number : 6027J
BATM Advanced Communications Ld
16 June 2014
 



16 June 2014

 

BATM Advanced Communications Limited

("BATM" or "the Group")

 

BATM wins two telecoms contracts in the United States

New projects to upgrade service networks with 10GE connection

 

BATM Advanced Communications Limited (LSE: BVC; TASE: BATM), a leading provider of real-time technologies for the networked telecoms and medical laboratory equipment markets, is pleased to announce that, through its wholly-owned subsidiary, Telco Systems, it has been awarded two contracts to provide its telecommunications solutions to service providers in the United States for the upgrade of existing networks.

 

Under the smaller of the contracts, the Group delivered its solutions based on Multiprotocol Label Switching (MPLS), a mechanism for high-performance telecommunications networks, including the T-Metro 8001 aggregation platform and Edge Genie management system, to a service provider focusing on interactive voice and IP telephony services for both large and small enterprises. By deploying the Group's comprehensive 10GE solutions, the customer is able to offer improved services, including low latency, high availability and high bandwidth. Currently being deployed in the US, the customer also adopted the Group's Network Operations Center - which includes training, support, design and consulting services - in anticipation of expanding the network to further territoriesin the coming months.

 

The second contract, which is currently being deployed, is with a local service provider in Louisiana where the Group is the prime vendor in a project to provide 165 schools in the south of the state with 10GE network connections. This roll out is being delivered under the Schools & Libraries Universal Service Fund Program, or 'E-Rate Program', which is a federal government programme to help schools and libraries obtain affordable telecommunications services, broadband Internet access and internal network connections. In addition to its aggregation platforms and management system, the Group is providing its latest network interface device, the T-Marc 334S.  

 

Dr Zvi Marom, Chief Executive Officer of BATM, said: "These new contracts reflect the continued and growing demand for upgrading existing networks. With our strong portfolio of products, and vast experience as a Carrier Ethernet and MPLS solution provider, we are well-positioned to address this demand. We look forward to expanding on these projects and benefiting from further opportunities."

 

 

Enquiries

 

BATM Advanced Communications

Dr Zvi Marom, Chief Executive Officer

+972 9866 2525

Ofer Bar-Ner, Chief Financial Officer

finnCap

Stuart Andrews, Henrik Persson

+44 20 7220 0500

Shore Capital

Pascal Keane

+44 20 7408 4090

Luther Pendragon

Harry Chathli, Claire Norbury, Amelia Bullock-Muir

+44 20 7618 9100

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
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