16 Dec 2009 07:00

BATM Advanced Communications LimitedĀ ("BATM" or the "Company")
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Contract to develop and supply military communication equipment
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BATM (LSE: BVC), a leading designer and producer of broadband data and telecom systems, isĀ delighted to announce that afterĀ fourĀ years of rigorous testing,Ā itĀ has received an order fromĀ a prominent defence force. The contract isĀ for the development and supply ofĀ a modified version ofĀ the Company'sĀ new generation of secure,Ā high speed access platform.Ā
BATM will be the sole supplier of such platformsĀ to this customer.
The contract is valued at approximatelyĀ USDĀ 5Ā millionĀ for the years 2010-2011,Ā however, it is expected that additional equipmentĀ ordersĀ will follow theĀ initial deployment. The Company alsoĀ expects the order to become an important reference for other defenceĀ forces.
Dr. Zvi Marom,Ā Chief Executive of BATM, commented:Ā
"This customer's decision to use BATM's products, after a period of rigorous testing,Ā is yetĀ furtherĀ proofĀ ofĀ the technology leadership thatĀ BATM hasĀ increasinglyĀ demonstrated in the last few years.Ā Military communications, by their very nature, need to be the best of breed and we are confident that this contractĀ willĀ pave the wayĀ forĀ future opportunitiesĀ for BATM,Ā from bothĀ military and homeland security customers."
Enquiries:
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BATM Advanced Communication Limited |
+972 9866 2525 |
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Dr Zvi Marom, Chief Executive |
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Threadneedle CommunicationsĀ |
020 7653 9850 |
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Josh Royston / Graham Herring |
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|
Singer Capital Markets Ltd |
020 3205 7500 |
|
Nicholas How |
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|
Shore Capital |
020 7408 4090 |
|
GrahamĀ Shore |
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