Cobus Loots, CEO of Pan African Resources, on delivering sector-leading returns for shareholders. Watch the video here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksBatm Advanced Regulatory News (BVC)

Share Price Information for Batm Advanced (BVC)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 18.175
Bid: 17.80
Ask: 18.85
Change: 0.00 (0.00%)
Spread: 1.05 (5.899%)
Open: 18.175
High: 0.00
Low: 0.00
Prev. Close: 18.175
BVC Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

Contract Win For Biopharma Waste Solution

17 Jun 2015 07:00

RNS Number : 3650Q
BATM Advanced Communications Ld
17 June 2015
 



17 June 2015

 

BATM Advanced Communications Limited

("BATM" or "the Group")

 

First Contract for New Biological Waste Solution Developed for Treatment of Hazardous Waste in Biopharma Industry

 

Initial order for $320k, expected to grow to $1.2m, from one of the largest manufacturers of vaccines for animal health

 

BATM Advanced Communications Limited (LSE: BVC), a leading provider of real-time technologies for networking solutions and medical laboratory systems, is pleased to announce that the Pathogenic Waste Treatment Sterilisation unit of the Group's Bio-Medical division has been awarded its first significant contract for its biological waste solution developed for the biopharmaceutical industry by one of the world's largest manufacturers of vaccines for animal health. The project, which expected to be worth approximately $1.2m, will be delivered in 2015 and 2016.

 

In vaccine manufacture, all waste materials must be treated as bio-hazardous due to the use of the live virus in the production process and, as a result, the volume of biological waste is typically greater than in other industries. The Director's believe that this is the first time that a solution has been developed that automates the entire process of disposing of the bio-hazardous waste safely. With solutions currently available in the market, this bio-hazardous waste is handled manually on site as well as during transportation and then, again, at the disposal site. BATM's solution will enable the customer to treat the waste on site, thereby mitigating the risk of cross-contamination.

 

During the first phase, BATM will receive $320k for the installation of the solution at one of the customers' production sites in Europe this year. It is anticipated that this will be followed by orders, for approximately $880k, for the installation of units at the customers' European and US-based production sites in 2016.

 

Dr Zvi Marom, Chief Executive Officer of BATM, said: "We are very pleased with the award of this new contract, which represents the first substantial order for our new biological waste solution for the biopharma industry. This new solution is the most cost effective and efficient method of treating and disposing of bio-hazardous waste available today. As such, we expect to receive growing demand for this system whilst continuing to innovate to provide further global market-leading waste treatment solutions in the biopharma and agricultural industries, to complement our established position in the medical industry."

 

 

Enquiries

 

BATM Advanced Communications

Dr Zvi Marom, Chief Executive Officer

+972 9866 2525

Moti Nagar, Chief Financial Officer

finnCap

Stuart Andrews

+44 20 7220 0500

Shore Capital

Pascal Keane

+44 20 7408 4090 

Luther Pendragon

Harry Chathli, Claire Norbury

+44 20 7618 9100

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
CNTEAXKKFDASEFF
Date   Source Headline
1st Aug 20177:00 amRNSChange of Adviser
13th Jul 20177:00 amRNSNotice of Results
3rd Jul 20177:00 amRNSSenior management appointments at Adaltis
31st May 20177:00 amRNSMobile agri-waste solution extension order
27th Apr 20171:47 pmRNSAnnual Financial Report - DTR 6.3.5 Disclosure
21st Mar 20177:00 amRNSBATM awarded Internet Solutions Kenya contract
8th Mar 20177:00 amRNSFinal Results
7th Mar 20177:00 amRNSLaunch of mobile agri-waste treatment solution
1st Mar 20177:00 amRNSTrading Update and Notice of Results
6th Feb 20177:00 amRNSAcquisition
21st Dec 20167:00 amRNSBATM's Adaltis receives Chinese investment
19th Dec 20167:00 amRNSNew Order for Agri-Waste Solution
23rd Nov 20167:00 amRNSFurther Order for Biopharma Waste Solution
10th Nov 20162:54 pmRNSDirector Share Purchase
2nd Nov 20167:00 amRNSNew contract for ICT network in Australia
29th Sep 20167:00 amRNSDirector Declaration
26th Sep 20161:42 pmRNSResult of AGM and Directorate Change
21st Sep 20162:30 pmRNSDirector Share Purchase
5th Sep 20167:00 amRNSSale of Property
30th Aug 20167:00 amRNSInterim Results
10th Aug 20167:00 amRNSNotification of interim results
11th Jul 20167:00 amRNSHolding(s) in Company
30th Jun 20167:00 amRNSReceipt of investment and joint venture in China
22nd Jun 20167:00 amRNSBATM expands client base in Kenya
6th Jun 20167:00 amRNSBATM delivers project extension to Tier 1 customer
19th May 20167:00 amRNSBATM's Telco Systems Adds 100GE Capabilities
6th Apr 20167:00 amRNSBATM wins c. US$4m new cyber security contract
31st Mar 201612:26 pmRNSHolding(s) in Company
23rd Mar 20167:00 amRNSPreliminary Results
25th Jan 20167:00 amRNSBATM Acquires Green Lab Hungary Engineering Ltd
11th Jan 20167:00 amRNSDirector Declaration
4th Jan 20167:00 amRNSDirectorate Change
7th Dec 20157:00 amRNSDiagnostics JV and Cyber contract extension
11th Sep 20157:00 amRNSDirector Disclosure
8th Sep 20154:37 pmRNSResult of AGM and Director Appointment
8th Sep 20157:00 amRNSSecond major agri sector waste treatment contract
3rd Sep 20157:00 amRNSFirst major agri sector waste treatment contract
24th Aug 20157:00 amRNSInterim results
11th Aug 20157:00 amRNSNotice of Results
6th Aug 20154:59 pmRNSNotice of AGM
29th Jul 20151:40 pmRNSHolding(s) in Company
27th Jul 20159:50 amRNSHolding(s) in Company
2nd Jul 20157:00 amRNSBATM wins c.$3.7m cyber security contract
29th Jun 20151:35 pmRNSHolding(s) in Company
29th Jun 20158:50 amRNSHolding(s) in Company
22nd Jun 20159:50 amRNSHolding(s) in Company
22nd Jun 20159:48 amRNSHolding(s) in Company
17th Jun 20157:00 amRNSContract Win For Biopharma Waste Solution
16th Jun 20154:18 pmRNSHolding(s) in Company
15th Jun 20159:31 amRNSHolding(s) in Company

Due to London Stock Exchange licensing terms, we stipulate that you must be a private investor. We apologise for the inconvenience.

To access our Live RNS you must confirm you are a private investor by using the button below.

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.