BATM Advanced Communications Ld
26 September 2000
BATM Advanced Communications Ltd ('BATM')
First Major Order for VDSL Equipment
BATM is pleased to announce that, following a successful
trial, the Company has entered into a purchase agreement for
its VDSL products with a provider of telecom services in
South East Asia. The agreement includes a commitment to
purchase a minimum of $17.5m in the first 12 months. BATM
expects to ship the equipment mainly in 2001.
This agreement is the first major one for VDSL equipment
BATM has received since several telecom operators ordered
trial quantities of this equipment, in some cases at the end
of 1999 and in others during 2000. Other operators continue
to trial the equipment.
Dr Zvi Marom, Chief Executive of BATM, said:
'This agreement is another successful milestone in
implementing our strategy of becoming a leading provider of
IP broadband platforms not only for access using fibre but
also in leading edge technologies for copper connections.
Our solution of delivering packet communications over VDSL
is starting to gain recognition and acceptance in the
market. We are optimistic about seeing our solution, which
we believe is potentially a leading one, implemented by more
customers.'
Enquiries:
BATM 00 972 3938 6886
Dr Zvi Marom, Chief Executive Officer
Ofer Bar-Ner, Finance Director
Dresdner Kleinwort Benson 020 7623 8000
Mark Smith
Shore Capital and Corporate Limited 020 7408 4090
Graham Shore
Golin/Harris Ludgate
Edward Macquisten 020 7216 4448
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