BATM Advanced Communications Ltd. (LSE: BVC), which designs and supplies IP packet-based systems, announced today that it had won a long-term contract with a leading telecommunications supplier.
BATM will supply telecom grade equipment that facilitates massive capacity of switching and routing including full IPV6, strict elements of traffic shaping and quality of service. This equipment can simultaneously handle voice, video and data channels at a very high speed of 10Gbps.
The pilot, utilizing BATM’s equipment, is expected to run during 2006-2007, with full scale deployment starting in 2008. BATM estimates that, once full-scale deployment commences, it will have a substantial impact on sales (likely to amount to several tens of millions of dollars and in excess of $10 million annually) and future profitability.
BATM CEO Zvi Marom said, “We are thrilled to win such a major contract - potentially, by far, the largest in the history of the company. It strengthens the international recognition of BATM as a world-class technology leader. This prestigious contract win, will support our sales efforts with those of our customers who are currently exploring initial deployment of similar solutions.”
Published by Globes [online], Israel business news - www.globes.co.il - on November 24, 2005