Contract Win

BATM Advanced Communications Ld 14 November 2001 For immediate release 14 November 2001 BATM Advanced Communications Limited BATM wins $5m contract to supply IP network equipment to Hanaro Telecom London - BATM Advanced Communications (LSE: BVC), a leader in mass IP networking is pleased to announce that it has won a contract to supply IP networking equipment to Hanaro Telecom in South Korea. The contract is initially estimated to be worth more than US$5m. BATM will start to ship equipment for delivery before the end of this year and will continue in 2002. Hanaro Telecom is a leading provider of broadband Internet access bundled with voice telephony, multimedia content and corporate data services. It is the only CLEC in South Korea licensed to provide voice and data services and to build its own network. BATM will supply Hanaro with its Titan T series of advanced IP routing switches with high-speed traffic shaping. The equipment will enable connection of any number of interactive users over advanced mixed fibre/copper metropolitan IP networks. Commenting on the win, Dr. Zvi Marom, CEO of BATM said: 'I am very pleased that BATM has won this contract. Not only does it strengthen our push into the Asian telecom markets. But it also highlights the recognition by carriers and ISPs of the possibilities and new applications enabled by our Titan range of equipment. The network which Hanaro is building represents state of the art usage of IP based networks. We believe that more of these networks will be built in more geographical regions in the near future.' For further information please contact: Web site: http://www.batm.com BATM Advanced Communications Ltd Tel: +972 (3) 938 6888 Dr. Zvi Marom, President and CEO Email: zvika@batm.co.il Weber Shandwick Square Mile Tel +44 (0) 207 601 1000 Edward Macquisten/BeckyJewers
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