22 Apr 2010 07:00
BATM Advanced Communications Limited
("BATM" or the "Company")
Licensing Agreement with Leading Semi-Conductor Manufacturer
BATM (LSE: BVC), a leading designer and producer of broadband data and telecom systems, is delighted to announce that it has signed an agreement with a leading semi-conductor manufacturer to license some of its mobile backhaul technology.
Revenues from the licensing will begin in mid 2011 and are initially expected to be in the region of several US$ million.
This technology will be incorporated into the manufacturer's chipsets and therefore be available to all of the providers of cellular infrastructure. This provides BATM with access to several potential new clients and will lead to sales opportunities for both hardware and complementary software packages.
BATM recently unveiled even faster technology for cellular backhaul, which is currently being trialed with select customers.
Dr Zvi Marom, Chief Executive, of BATM commented:
"Our leading cellular backhaul technology offers best in class solutions for many of the problems created by the increased need for additional bandwidth. This licensing deal enables us to embed our products deeper within the network and exposes us to a greater volume and variety of customers. We are confident that it will pave the way for further similar deals."
Enquiries:
| BATM Advanced Communication Limited | +972 9866 2525 |
| Dr Zvi Marom, Chief Executive |
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| Threadneedle Communications | 020 7653 9850 |
| Josh Royston / Graham Herring |
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| Singer Capital Markets Ltd | 020 3205 7500 |
| Nicholas How |
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| Shore Capital | 020 7408 4090 |
| Graham Shore |
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Batm Advanced (BVC)