For immediate release 16 October 2000
BATM Advanced Communications Limited
BATM is pleased to announce that, following a successful trial, the company has entered into a purchase agreement for its VDSL products with a distributor of telecom services in Scandinavia. Both parties anticipate generating initial orders of approximately $0.5M during the next 12 months.
Dr. Zvi Marom, Chief Executive of BATM, said: "This agreement represents further progress with the VDSL product line. We expect to announce further orders in due course. Our packet over VDSL technology is the leader in the market and we believe that more and more customers are recognizing its benefit over any other approach."
For further information please contact: www.batm.com
BATM
00 972 3 938 6888
Dr Zvi Marom, Chief Executive
Dresdner Kleinwort Benson
020 7623 8000
Mark Smith
Shore Capital and Corporate Limited
020 7408 4090
Graham Shore
Golin/Harris Ludgate
020 7253 2252
Edward Macquisten
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