The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen 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: 18.50
Bid: 17.75
Ask: 18.50
Change: 0.35 (1.93%)
Spread: 0.75 (4.225%)
Open: 18.50
High: 18.50
Low: 18.50
Prev. Close: 18.15
BVC Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

Cyber Security Agreement and Contract Win

30 Jul 2014 07:00

RNS Number : 6742N
BATM Advanced Communications Ld
30 July 2014
 



30 July 2014

 

BATM Advanced Communications Limited

("BATM" or "the Group")

 

 Joint Collaboration and Marketing Agreement with US Software Giant for Cyber Security Solution

CELARE, cyber security subsidiary, awarded first Proof of Concept contract, worth $0.5m, under this joint agreement

 

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 its cyber security subsidiary, CELARE, has established a joint collaboration and marketing agreement with a major US software company ("the Partner") for the implementation and integration of a cyber security monitoring and detection solution for large enterprises.

 

Under the terms of the agreement, CELARE and the Partner will offer an integrated network-based cyber protection system combined with Big Data appliances and software tools. CELARE will provide the cyber platform that performs network functions with integrated DPI analysis and full session reconstruction to produce session statistics, metadata and content reconstruction, which will be transferred to the Partner's Big Data solution for recording and further analysis. The Partner's Big Data solution will gather all analyzed network data and relevant content over a period of time creating an indexed database of network behaviour, to enable the investigation of cyber events and the building of correlations over time.

 

The combined solution addresses the need for overall network perimeter monitoring and protection, from infrastructure to application level, providing decision makers and security professionals with visibility of what is happening within their networks: investigating network behaviour events and automating the detection of network threats by using anomaly algorithms.

 

BATM is also pleased to announce that a major customer has awarded CELARE a proof of concept ("POC") cyber-security contract for the combined solution. CELARE will integrate its cyber switches and software with the Partner's Big Data appliances and other software tools. The POC contract has an initial value of at least $0.5m and will end during early 2015.

 

Under the terms of the contract, CELARE's solution will provide a set of investigations and analytics tools that will enable the customer's security managers to investigate suspicious network behaviour in real time or offline using recorded data, through (but not limited to):

 

· Configurable Business intelligence reporting

· Visualization and interception of suspicious network/user behaviour

· Policing the edges of the network in inline mode

· Providing API to third party or customer specific NBAD algorithms

 

BATM anticipates that the Partner will commence offering the solution to selected customers that use their Big Data products from Q4 2014.

 

Dr Zvi Marom, Chief Executive Officer of BATM, said: "We are delighted to have signed this joint agreement with one of the world's largest and leading software companies. It reflects the strength of our offering and its mission critical positioning within the network. In addition, we are pleased to have already been awarded a proof of concept contract for this solution, and we look forward to continuing to build this business at a time when governments and organisations are becoming ever more alert to cyber threats."

 

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
 
END
 
 
AGREAFXNAFNLEAF
Date   Source Headline
16th Dec 201012:57 pmRNSHolding(s) in Company
29th Nov 201011:30 amRNSDirectorate Change
10th Nov 20107:00 amRNSTrading Statement
28th Sep 20107:00 amRNSContract Win
13th Sep 20107:00 amRNSInterim Management Statement
10th Aug 20107:00 amRNSHalf Yearly Report
5th Aug 20107:00 amRNSInvestor Day
28th Jul 20107:00 amRNSNotice of Interim Results
28th Jun 20108:58 amRNSDirectorate Change
22nd Jun 201012:53 pmRNSResult of AGM
22nd Jun 20107:00 amRNSAGM Statement
14th Jun 20102:04 pmRNSHolding(s) in Company
2nd Jun 20102:50 pmRNSAnnual Information Update
20th May 201011:00 amRNSHolding(s) in Company
18th May 20104:25 pmRNSDirector/PDMR Shareholding
18th May 201011:24 amRNSDirector/PDMR Shareholding
18th May 20107:00 amRNSInterim Management Statement
12th May 20102:48 pmRNSNotice of IMS
30th Apr 20104:00 pmRNSAnnual Financial Report
22nd Apr 20107:00 amRNSLicensing Agreement
15th Mar 201010:47 amRNSHolding(s) in Company
15th Mar 201010:43 amRNSHolding(s) in Company
22nd Feb 201012:58 pmRNSDirector/PDMR Shareholding
18th Feb 20104:31 pmRNSHolding(s) in Company
9th Feb 20103:04 pmRNSDirector/PDMR Shareholding
8th Feb 201010:10 amRNSHolding(s) in Company
8th Feb 20107:00 amRNSFinal Results
1st Feb 201010:27 amRNSHolding(s) in Company
28th Jan 201010:00 amRNSNotice of Results
4th Jan 20109:01 amRNSHolding(s) in Company
16th Dec 20097:00 amRNSContract to develop & supply military comms
4th Dec 20099:27 amRNSHolding(s) in Company
29th Oct 20097:00 amRNSInterim Management Statement
19th Oct 200912:00 pmRNSDirector/PDMR Shareholding
19th Oct 200911:54 amRNSHolding(s) in Company
19th Oct 200911:54 amRNSHolding(s) in Company
15th Oct 20092:54 pmRNSDirector/PDMR Shareholding
26th Aug 20091:31 pmRNSDirector/PDMR Shareholding
20th Aug 20092:43 pmRNSHolding(s) in Company
13th Aug 20093:36 pmRNSDirector/PDMR Shareholding
4th Aug 20097:00 amRNSHalf Yearly Report
15th Jul 200910:00 amRNSNotice of Results
22nd Jun 20093:42 pmRNSResult of AGM
17th Jun 20097:00 amRNSAGM Statement
10th Jun 200911:37 amRNSHolding(s) in Company
19th May 20093:28 pmRNSAnnual Information Update
14th May 200911:34 amRNSDirector/PDMR Shareholding
12th May 20097:00 amRNSInterim Management Statement
30th Apr 20092:00 pmRNSAnnual Financial Report
31st Mar 20097:00 amRNSTotal Voting Rights

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.