Increased Co-operartion with Infineon

BATM ADVANCED COMMUNICATIONS LIMITED 21 October 1999 BATM Advanced Communications Ltd ('BATM') Strategic Development BATM is pleased to announce that it has increased co- operation with Infineon (Siemens Component Division) and among the areas of new co-operation is the photonic area. Infineon will produce the first cross-bars for the Titan T8. As part of this co-operation, Infineon has made an equity investment of US$2m in Lynx Photonic. BATM's interest in Lynx will be undiluted due to the grant of an option to BATM to preserve its interest. Enquiries: BATM Ofer Bar-Ner +972 3 938 6886 (Finance Director)
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