Batm Advanced Regulatory News (BVC)

2 May 2007 07:00

BATM Advanced Communications Ld02 May 2007 BATM Advanced Communications Limited BATM signs agreement with major EU telecoms operator BATM Advanced Communications Limited (LSE: BVC) ("BATM"), a leading designer ofbroadband data and telecoms systems, announces that it has signed a long-term supply agreement with a major European telecoms operator to provide Carrier Ethernet equipment. Whilst the contract contains no volume commitments by the telecoms operator, BATM believes that the agreement is likely to be worth several million US dollars. Deliveries of equipment are due to commence later this year, with the majority of the orders expected in 2008 and beyond. In addition to Carrier Ethernet equipment, BATM will also provide systems support on an ongoing basis. Dr. Zvi Marom, Chief Executive of BATM, said: 'We are very pleased to have signed such a prestigious new customer in Europe, and believe that there is potential for further major agreements. 'Trading in the first quarter of 2007 has been encouraging which provides us with continued optimism for 2007 and beyond.' Enquiries: BATM Advanced Communications +972 9 866 2525Dr Zvi Marom, Chief Executive Threadneedle Communications +44 20 7936 9605Graham Herring / Josh Royston Kaupthing Singer and Friedlander +44 20 3205 7620Nicholas How 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 QoS capabilities. Formore information, visit the BATM Advanced Communications web site atwww.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