Roundtable Discussion; The Future of Mineral Sands. 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: 19.00
Bid: 18.50
Ask: 19.95
Change: 0.05 (0.26%)
Spread: 1.45 (7.838%)
Open: 19.00
High: 19.00
Low: 19.00
Prev. Close: 18.95
BVC Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

New Order for Agri-Waste Solution

19 Dec 2016 07:00

RNS Number : 1656S
BATM Advanced Communications Ld
19 December 2016
 

19 December 2016

 

BATM Advanced Communications Limited

("BATM" or "the Group")

 

New Order for Agri-Waste Solution from Leading Food Group

Israel's largest food group has ordered second unit of agri-waste treatment solution

 

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 its Pathogenic Waste Treatment and Sterilisation unit of the Bio-Medical Division has been awarded a second, larger order for the Group's agri-waste treatment solution by the largest and leading food group in Israel (the "Customer").

 

The contract, expected to be worth €1.75m, is for the supply and installation of a unit of the Group's agri-waste treatment solution at one of the Customer's bovine slaughterhouse facilities. Installation will commence immediately and is due to complete in 2017. The solution will treat the remaining byproducts of bovine processing, and will produce protein and fat products that are suitable for use in producing other commercial products, such as high-grade domestic animal food. During the treatment process, no hazardous materials, chemicals or methods are used and it is completely ecofriendly with no environmental hazards or damage, including odor. The Group is due to receive €875k in 2017 for the installation of the unit and the remaining 50% is expected to be recognised through revenue-share based on the sale of the usable byproducts to already-identified customers.

 

This order follows the successful installation and operation over the last year of a smaller agri-waste treatment solution at the same facility of the Customer as well as the installation of a full-scale unit to treat poultry remains at a facility of another large customer.

 

The Group is also delighted to announce that its pathogenic waste treatment and sterilisation technology has been granted a patent in the US. In addition to the previously-granted patent in Europe, this strengthens the Group's IP protection over this unique solution and paves the way for its introduction into the US market.

 

Dr. Zvi Marom, CEO of BATM, added: "We are very pleased to have received this significant order for our unique solution from such a major customer. It is the fourth win for our large waste treatment instruments - two for pharma clients and now the second for agri clients.

 

"This underlines the strength of our Bio-Medical division as numerous hospitals have already been equipped with this technology for medical use in the last two years - making our technology a leading biologic and pathogenic waste solution. The solution is unique and, in addition to its cost advantages and savings, it provides a perfect ecological solution unlike any other."

 

 

Enquiries:

 

 BATM Advanced Communications

Dr Zvi Marom, Chief Executive Officer

+972 9866 2525

Moti Nagar, Chief Financial Officer

finnCap

Stuart Andrews, Scott Mathieson

+44 20 7220 0500

Shore Capital

Mark Percy, Anita Ghanekar

+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
 
 
MSCUNAARNUAUAUA
Date   Source Headline
2nd May 20247:00 amRNSBATM selected for TB diagnostics programme
18th Apr 20247:00 amRNSBATM to deliver Edgility to new Tier 1 customer
8th Apr 20247:00 amRNSBATM awarded new Edgility contract from Cemex
3rd Apr 20247:00 amRNSAnnual Financial Report
26th Mar 20247:00 amRNSBATM receives $2.3m cyber security orders
12th Mar 20247:00 amRNSFull Year Results
29th Feb 20247:00 amRNSNotice of Results
2nd Jan 20247:00 amRNSTotal Voting Rights
30th Nov 20237:03 amRNSBlock Listing Application
27th Nov 20237:00 amRNSBlock Listing Interim Review
30th Oct 20237:00 amRNSBATM receives $3m cyber security order
23rd Oct 20237:00 amRNSADOR Diagnostics secures $7.5m investment
16th Oct 20233:30 pmRNSHolding(s) in Company
16th Oct 20233:30 pmRNSHolding(s) in Company
16th Oct 20237:00 amRNSNew Edgility order for US Emergency Services
9th Oct 20237:00 amRNSResponse to recent developments in Israel
6th Sep 20237:00 amRNSBATM receives $3.4m cyber security contract
29th Aug 20237:00 amRNSInterim Results
13th Jul 202311:30 amRNSResult of AGM and Director Appointment
8th Jun 20237:00 amRNSNotice of Annual General Meeting
6th Jun 20237:00 amRNSCapital Markets Day
5th Jun 20237:00 amRNSNew contract win for Edgility
10th May 20232:30 pmRNSCapital Markets Day and Investor Presentation
17th Apr 20237:00 amRNSEdgility rollout progressing ahead of schedule
4th Apr 20233:30 pmRNSAnnual Financial Report
6th Mar 20237:00 amRNSFull Year Results
24th Feb 20237:00 amRNSNotice of Results
1st Feb 20237:00 amRNSAppointment of Chief Financial Officer
9th Jan 20237:00 amRNSBATM receives $26m cyber security order
3rd Jan 20233:30 pmRNSGrant of Options
21st Dec 202212:00 pmRNSResult of AGM
21st Dec 20227:00 amRNSTransaction in Own Shares and TVR
20th Dec 20227:00 amRNSTransaction in Own Shares and TVR
19th Dec 20227:00 amRNSTransaction in Own Shares and TVR
16th Dec 20227:00 amRNSTransaction in Own Shares and TVR
15th Dec 20227:00 amRNSTransaction in Own Shares and TVR
14th Dec 20227:00 amRNSTransaction in Own Shares and TVR
13th Dec 20227:00 amRNSTransaction in Own Shares and TVR
9th Dec 20227:00 amRNSTransaction in Own Shares and TVR
8th Dec 20227:00 amRNSTrading Update
25th Nov 20221:00 pmRNSBlock Listing Interim Review
24th Nov 20224:00 pmRNSNotice of Annual General Meeting
27th Oct 20227:00 amRNSADOR and BIOASTER to develop STI diagnostic tests
18th Oct 20227:00 amRNSMulti-year contract with CityFibre for Edgility
6th Oct 20227:00 amRNSDirectorate Changes
24th Aug 20227:00 amRNSInterim Results
19th Jul 20227:00 amRNSAppointment of CEO of ADOR Diagnostics
11th Jul 20227:00 amRNSBATM partners with CityFibre for Edgility
16th Jun 20224:36 pmRNSPrice Monitoring Extension
26th May 20227:00 amRNSBlock Listing Interim Review

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.