Alliance

BATM Advanced Communications Ld 25 April 2000 BATM Advanced Communications Limited ('BATM') BATM announces memorandum of understanding and minority equity investment by Sun Microsystems Inc. ('Sun') BATM has today entered into a memorandum of understanding ('MOU') with Sun regarding a proposed strategic relationship with the purpose of bringing the companies closer together. The MOU states that the two companies intend to negotiate agreements, including mutual product supply and technology co- operation. Sun will also make a minority equity investment in BATM of approximately £6.1 million in accordance with the terms of an option agreement offered to Sun on 27 January 2000. Sun will purchase 160,123 new ordinary shares of BATM at a purchase price of £38.12 per share. Application has been made to the London Stock Exchange for the new ordinary shares to be admitted to the Official List. The new ordinary shares are expected to commence trading on Tuesday, 25 April 2000. As announced on 14 March 2000, BATM has been in preliminary discussions with Sun for several months regarding their ongoing business relationship. The MOU entered into sets out the current mutual intent of both companies regarding their proposed strategic relationship. Further discussions are on going regarding definitive agreements. Commenting on the agreements, Zvi Marom, Chief Executive said: 'It is a privilege for us to work with Sun, a world leader in internet infrastructure products and services. We intend to bring together innovative products that will open new opportunities for the internet user community. We believe that we will be able to open new dimensions in cost/performance and technological innovation.' For further information: BATM www.batm.com Zvi Marom, Chief Executive 00 972 3 938 6888 Ofer Bar-Ner, Chief Financial Officer Dresdner Kleinwort Benson 020 7623 8000 Mark Smith Shore Capital and Corporate 020 7408 4090 Limited Graham Shore Ludgate Communications 020 7253 2252 Kate Jackson
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