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19 May 2008 07:00
BATM Advanced Communications
Contract to Supply Access Platforms for 4G Deployment in USA
BATM Advanced Communications Limited ("BATM" or the "Company"), (LSE: BVC), a leading designer and producer of broadband data and telecom systems, is pleased to announce that it has completed a series of rigorous trials over the past year and received its first orders to provide the Carrier Ethernet Access Platforms for a major 4G project in the USA. The project is the first of its kind in the USA.
Whilst the initial value of the order is expected to be several hundreds of thousands of US dollars, the Company expects these orders to grow significantly as the project evolves. The award also provides confidence for similar trials, currently underway in other geographical areas.
BATM is holding its Annual General Meeting on Monday 16th June, when the Company will provide an update on its trading for the current year.
Dr Zvi Marom, Chief Executive of BATM, commented:
"4G is clearly the next step in the evolution of the telecoms industry. We believe that this is the first project of its kind, anywhere in the world, and our involvement is further evidence of the quality of our technology."
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Enquiries:
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BATM Advanced Communications |
+972 9866 2525 |
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Dr Zvi Marom, Chief Executive |
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Threadneedle Communications |
020 7936 9606 |
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Josh Royston / Graham Herring Kaupthing Singer & Friedlander |
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Nicholas How / Marc Young |
020 3205 7620 |
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Shore Capital |
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Graham Shore |
020 7408 4090 |
About BATM Advanced Communications
BATM is a world leader in the design and supply of IP packet-based systems such as high-capacity, self-routing switches with extensive QoS capabilities. For more information, visit the BATM Advanced Communications web site at www.batm.com
Telco Systems is a wholly owned subsidiary of BATM Advanced Communications Based in Foxboro, Massachusetts; the company provides industry-leading networking solutions to the carrier and enterprise markets. Telco Systems' focus is to maximize the power of customers' networks by integrating transport, access, and packet technologies onto industry-leading platforms, therefore fully meeting today's and tomorrow's network requirements. For more information, visit the Telco Systems web site at www.telco.com
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