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New Armed Forces Customer for Cyber Security

New Armed Forces Customer for Cyber Security.

articleBatm Advanced Communications Ltd.April 16, 20195/company/batm-advanced-communications-ltd/news/new-armed-forces-customer-for-cyber-security
New Armed Forces Customer for Cyber Security

About this update from Batm Advanced Communications Ltd.

[{"type":"text","content":"\n \nRNS Number : 2709W BATM Advanced Communications Ld 16 April 2019  \n\nLEI: 213800FLQUB9J289RU66\n \n16 April 2019\n \nBATM Advanced Communications Limited\n(\"BATM\" or \"the Group\")\n \nBATM signs new armed forces customer for cyber security\nNew $2m contract for joint cyber security and networking solution \n                                                                                                                                      \nBATM Advanced Communications Limited (LSE: BVC), a leading provider of real-time technologies for networking solutions and medical laboratory systems, announces that it has been awarded an initial $2m contract by a branch of a national armed forces for the provision of a combined cyber security and networking solution. This is the Group's first contract for this combined solution, which will be delivered over an approximate 18-month period commencing immediately. \n \nThis solution, which will be delivered to a new armed forces customer, combines cyber security software provided by the Group's Celare subsidiary with networking applications from the Group's NGSoft subsidiary. The award of the contract follows the completion of a lengthy and successful proof-of-concept trial in which several major suppliers competed. The Group expects to receive further orders from this customer. \n \nDr Zvi Marom, Chief Executive Officer of BATM, said: \n \n\"We are pleased to have been awarded this contract by a new customer for a solution that is a unique combination of our cyber security and networking solutions - demonstrating the interconnection within our business and that BATM's value is more than the sum of...

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