BATM Advanced Communications Ld
14 April 2000
BATM Advanced Communications Limited ('BATM')
Agreement with Nokia Corporation ('Nokia')
BATM and Nokia announce that they have agreed that Nokia will
integrate BATM's IP switching products into its own telecom
products. The initial contract to supply BATM's IP products
is valued at US$2 million. Prototype models are due to be made
available by Summer 2000.
Commenting on the agreement, Dr Zvi Marom, Chief Executive of
BATM said: 'We are proud and honoured to work with a market
leader like Nokia and believe that IP will be the leading
trend in mobile telephony.
We believe that this partnership can lead to better services
and customer satisfaction and can be extended in future.
Partnering with Nokia continues our strategy of co-operation
with market leaders.'
Further enquiries:
BATM (www.batm.com)
Zvi Marom, Chief Executive 00 972 3 938 6888
Ofer Bar-Ner, Chief Financial Officer
Ludgate Communications 020 7253 2252
Edward Macquisten
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