Business
BATM Signs an OEM Agreement
BATM Signs an OEM Agreement.
About this update from Batm Advanced Communications Ltd.
[{"type":"text","content":"\n BATM Advanced Communications Ld\n21 March 2006\n\n\n\n BATM Signs an OEM Agreement with a\n New Global Network Supplier\n\n\nLondon, 21st March 2006, BATM Advanced Communications (LSE: BVC), a leading\ndesigner of broadband data and telecoms systems, announces the signing of an OEM\nagreement with a new global network supplier.\n\nUnder the agreement BATM will commence delivering advanced access equipment\nwhich will be offered by its new customer worldwide, during the latter part of\nthe current year.\n\nWhilst no precise values for the new contract have been defined at this stage,\nBATM believes that the agreement has a likely value of several million US\ndollars on a full annual basis. The new relationship will enable BATM to enter\nmarkets to which it had no direct access so far.\n\nDr. Zvi Marom, Chief Executive of BATM, said: 'I am delighted that an important\nnew agreement has been signed, earlier than anticipated, with a distinguished\nand very professional global supplier. BATM is rapidly becoming a significant\nsupplier to a number of the most important companies in the telecoms sector and\nthis new partnership provides a further underpinning of our growth prospects'.\n\n\n\nEnquiries:\n\nAmira Bardichev\nGlobal Equity IR\nT. +44-7956-206270\[email protected]\nwww.global-equity-ir.co.uk\n\n\n\nAbout BATM Advanced Communications\n\nBATM is a world leader in the design and supply of IP packet-based systems such\nas high-capacity, self-routing switches with extensive QoS capabilities. For\nmore information, visit the BATM Advanced Communications web site at\nwww.batm.com\n\nTelco Systems is a wholly owned subsidiary of BATM Advanced Communications Based\nin Foxboro, Massachusetts; the company provides industry-leading networking\nsolutions to the carrier and enterprise markets. Telco Systems' focus is to\nmaximize the power of customers' networks by integrating transport, access, and\npacket technologies onto industry-leading platforms, therefore fully meeting\ntoday's and tomorrow's network requirements. For more information, visit the\nTelco Systems web site at www.telco.com\n\n\n This information is provided by RNS\n The company news service from the London Stock Exchange \n ","length":2313,"tagName":"div"}]