logo-loader
viewBATM Advanced Communications Ltd

New Armed Forces Customer for Cyber Security

/**/ h1{margin-top:6.0pt;margin-right:35.4pt;margin-bottom:0cm;margin-left:35.4pt;margin-bottom:.0001pt;text-align:justify;text-indent:-35.4pt;font-size:12.0pt;font-family:"Times New Roman","serif";layout-grid-mode:line;font-weight:normal;}h2{margin-top:6.0pt;margin-right:35.4pt;margin-bottom:0cm;margin-left:70.8pt;margin-bottom:.0001pt;text-align:justify;text-indent:-35.4pt;font-size:12.0pt;font-family:"Times New Roman","serif";layout-grid-mode:line;font-weight:normal;}h3{margin-top:6.0pt;margin-right:35.4pt;margin-bottom:0cm;margin-left:106.2pt;margin-bottom:.0001pt;text-align:justify;text-indent:-35.4pt;font-size:12.0pt;font-family:"Times New Roman","serif";layout-grid-mode:line;font-weight:normal;}h4{margin-top:6.0pt;margin-right:35.4pt;margin-bottom:0cm;margin-left:177.1pt;margin-bottom:.0001pt;text-align:justify;text-indent:-35.4pt;font-size:12.0pt;font-family:"Times New Roman","serif";layout-grid-mode:line;font-weight:normal;}h5{margin-top:12.0pt;margin-right:35.4pt;margin-bottom:3.0pt;margin-left:212.5pt;text-align:justify;text-indent:-35.4pt;font-size:11.0pt;font-family:"Times New Roman","serif";layout-grid-mode:line;font-weight:normal;}h6{margin-top:12.0pt;margin-right:35.4pt;margin-bottom:3.0pt;margin-left:247.9pt;text-align:justify;text-indent:-35.4pt;font-size:11.0pt;font-family:"Times New Roman","serif";layout-grid-mode:line;font-weight:normal;font-div:italic;}p{margin-right:0cm;margin-left:0cm;font-size:12.0pt;font-family:"Times New Roman","serif";}ol{margin-bottom:0cm;}ul{margin-bottom:0cm;}link{ color: blue } visited{ color: purple } .ba{size:612.0pt 792.0pt;margin:59.55pt 65.2pt 2.0cm 65.2pt;}div.ba{}p.bv{margin-top:0cm;margin-right:0cm;margin-bottom:10.0pt;margin-left:0cm;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif";margin-bottom:0cm;margin-bottom:.0001pt;text-align: justify;line-height:normal}span.bw{font-family: "Times New Roman","serif"; font-size: 10.0pt; font-weight: bold}span.bx{font-size:10.0pt;font-family:"Times New Roman","serif"}p.by{margin-top:0cm;margin-right:0cm;margin-bottom:10.0pt;margin-left:0cm;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif";font-weight: bold; line-height: normal; margin-bottom: 0cm; text-align: justify}span.bq{font-family:"Times New Roman","serif"}p.bz{margin-top:0cm;margin-right:0cm;margin-bottom:10.0pt;margin-left:0cm;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif";font-weight: bold; line-height: normal; margin-bottom: 0cm; text-align: center}span.bo{font-family: "Times New Roman","serif"}p.ca{margin-top:0cm;margin-right:0cm;margin-bottom:10.0pt;margin-left:0cm;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif";font-weight: bold; line-height: normal; margin-bottom: 3.0pt; text-align: center} p.cb{margin-top:0cm;margin-right:0cm;margin-bottom:10.0pt;margin-left:0cm;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif";font-div: italic; font-weight: bold; line-height: normal; margin-bottom: 0cm; text-align: center}span.cc{font-family:"Times New Roman","serif"}span.cd{font-family: "Times New Roman","serif"}p.ce{margin-right:0cm;margin-left:0cm;font-size:12.0pt;font-family:"Times New Roman","serif";font-weight: bold; margin: 0cm; margin-bottom: .0001pt; text-align: justify}span.bk{font-size:11.0pt}table.cf{border-collapse:collapse;border:none}td.bh{width:258.3pt;border:solid windowtext 1.0pt; padding:0cm 5.4pt 0cm 5.4pt}p.cg{margin-top:0cm;margin-right:0cm;margin-bottom:10.0pt;margin-left:0cm;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif";font-weight: bold; line-height: normal; margin-bottom: 0cm}td.bf{width:162.9pt;border:solid windowtext 1.0pt; border-left:none;padding:0cm 5.4pt 0cm 5.4pt}p.ch{margin-top:0cm;margin-right:0cm;margin-bottom:10.0pt;margin-left:0cm;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif";margin-bottom:0cm;margin-bottom:.0001pt;line-height: normal} td.be{width:258.3pt;border:solid windowtext 1.0pt; border-top:none;padding:0cm 5.4pt 0cm 5.4pt}td.bd{width:162.9pt;border-top:none;border-left: none;border-bottom:solid windowtext 1.0pt;border-right:solid windowtext 1.0pt; padding:0cm 5.4pt 0cm 5.4pt}span.bb{font-family:"Times New Roman","serif"; color:#003399} /**/
RNS Number : 2709W
BATM Advanced Communications Ld
16 April 2019
 

LEI: 213800FLQUB9J289RU66

 

16 April 2019

 

BATM Advanced Communications Limited

("BATM" or "the Group")

 

BATM signs new armed forces customer for cyber security

New $2m contract for joint cyber security and networking solution

                                                                                                                                     

BATM Advanced Communications Limited (LSE: BVC), a leading provider of real-time technologies for networking solutions and medical laboratory systems, announces that it has been awarded an initial $2m contract by a branch of a national armed forces for the provision of a combined cyber security and networking solution. This is the Group's first contract for this combined solution, which will be delivered over an approximate 18-month period commencing immediately.

 

This solution, which will be delivered to a new armed forces customer, combines cyber security software provided by the Group's Celare subsidiary with networking applications from the Group's NGSoft subsidiary. The award of the contract follows the completion of a lengthy and successful proof-of-concept trial in which several major suppliers competed. The Group expects to receive further orders from this customer.

 

Dr Zvi Marom, Chief Executive Officer of BATM, said:

 

"We are pleased to have been awarded this contract by a new customer for a solution that is a unique combination of our cyber security and networking solutions - demonstrating the interconnection within our business and that BATM's value is more than the sum of its parts. The award of the contract follows a thorough, very demanding and lengthy proof-of-concept trial where the customer tested several solutions from major suppliers and decided on our solution based on its superior offer. Receiving this contract from the armed forces is also validation that our solution can meet the most stringent security requirements. We look forward to delivering this project and to expanding our relationship with this customer as we expect further orders in due course."

 

 

Enquiries:

 

BATM Advanced Communications


Dr Zvi Marom, Chief Executive Officer

+972 9866 2525                 

Moti Nagar, Chief Financial Officer




Shore Capital


Mark Percy, Anita Ghanekar

+44 20 7408 4050 



Luther Pendragon


Harry Chathli, Claire Norbury, Joe Quinlan

+44 20 7618 9100

 

 


This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.
 
END
 
 
CNTSFFESIFUSEIL

Quick facts: BATM Advanced Communications Ltd

Price: 42.1

Market: LSE
Market Cap: £185.36 m
Follow

Create your account: sign up and get ahead on news and events

NO INVESTMENT ADVICE

The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...

FOR OUR FULL DISCLAIMER CLICK HERE

Watch

Full interview: BATM starts proof-of-concept deal discussions for its 5G...

BATM Advanced Communications Limited's (LON:BVC) Zvi Marom tells Proactive London's Andrew Scott they've started proof-of-concept deal discussions for its 5G virtual network developed with chip designer ARM. Marom says they've completed the development milestones set down by ARM ahead of...

on 2/10/19