Press Coverage
BATM wins new clients for end-to-end MPLS Solutions Selected for fiber optic networks in US and Germany
Oct 17, 2012
File: 1=~~~=New contract wins 17 10 12.pdf [101.83 KB]
BATM Advanced Communications Limited
(“BATM” or the “Company”)
BATM wins new clients for end-to-end MPLS Solutions
Selected for fiber optic networks in US and Germany
BATM Advanced Communications Limited (LSE: BVC; TASE: BATM), a leading provider of real-time technologies for the networked telecoms and medical laboratory equipment markets, is pleased to announce that, through its wholly-owned Telco Systems (“Telco”) subsidiary, the Company has secured two new clients in the US and Germany respectively for MPLS networking solutions.
In the US, FORETHOUGHT.net, a leading IT and communications service provider in Denver, Colorado, has chosen Telco’s carrier MPLS end-to-end solution for its business services fiber optic network. Based on Telco’s demarcation and aggregation products, the network will offer flexible, guaranteed bandwidth at speeds of 30Mbps to 1Gbps for maximum business uptime and accessibility for new cloud-based computing applications and world-class support to businesses throughout Colorado.
The second win is with WEMACOM Telecommunication GmbH (“WEMACOM”), a regional utility and city carrier in Germany, and the business was awarded to Telco in partnership with ITM GmbH, a supplier and integrator for telecommunication operators in Germany and Austria. The Company will provide its end-to-end MPLS to the edge solution, which includes demarcation, aggregation and EdgeGenie service management products, and ITM will contribute its system integration expertise. This combination will enable WEMACOM to expand its offering to include new innovative services such as cloud-based services, smart grid backhaul services for consumers, and enterprise-dedicated and business services.
Dr Zvi Marom, Chief Executive Officer of BATM, said: “By adopting our MPLS network technologies, our customers are able to build a differentiated solution that allows them to offer their clients new and innovative services whilst enhancing levels of capacity, scalability and reliability. In addition, this can be achieved at only a fraction of the cost of traditional transport models. Having one of Colorado’s top ranked telecommunication and internet service providers, as well as an established German utility, select our MPLS products attests to the quality and reliability of our solutions.”
Enquiries:
BATM Advanced Communications
Dr Zvi Marom, Chief Executive Officer +972 9866 2525
Ofer Bar-Ner, Chief Financial Officer
finnCap
Marc Young, Henrik Persson – Corporate Finance +44 20 7220 0500
Shore Capital
Pascal Keane +44 20 7408 4090
Luther Pendragon
Harry Chathli, Claire Norbury +44 20 7618 9100