BATM Advanced Communications Ld
4 July 2000
BATM Advanced Communications Limited
Distribution Agreement and US$5m Order from Sprint
BATM is pleased to announce that the Company has entered
into a purchase and distribution contract with Sprint
North Supply (SNS), the distribution arm of the leading
US telecommunications carrier. SNS will supply its
customers with access equipment produced by BATM/Telco
Systems. The initial order is for US$5m of equipment with
shipments beginning immediately.
Dr Zvi Marom, Chief Executive of BATM Advanced
Communications said: 'The agreement with Sprint North
Supply reflects the good progress BATM is making in
penetrating the US market. The deal with SNS will improve
our ability to serve the market through top class
logistics and distribution systems. We hope to increase
our business in the US through similar arrangements in
the future.'
For further information please contact: www.batm.com
BATM 00 972 3 938 6888
Dr Zvi Marom, Chief Executive Officer
Ofer Bar-Ner, Chief Financial Officer
Dresdner Kleinwort Benson 020 7623 8000
Mark Smith
Shore Capital and Corporate Limited 020 7408 4090
Graham Shore
Ludgate Communications 020 7253 2252
Edward Macquisten