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[fse] 21/2/2022 14:06

21/02/2022 7:00am
RNS Non-Regulatory

TIDMBVC

BATM Advanced Communications Ld

21 February 2022

21 February 2022

BATM Advanced Communications Limited

("BATM" or "the Group")

Strategic Partnership for Edgility with Advantech

The Group's virtual networking and edge computing solution to be pre-installed on Advantech network appliances

BATM (LSE: BVC; TASE: BVC), a leading provider of real-time technologies for networking solutions and medical laboratory systems, announces that its Telco Systems subsidiary has partnered with Advantech (TWSE: 2395), a global leader in industrial IoT, to provide the Group's Edgility virtual networking and edge compute operating system pre-installed on a variety of Advantech's universal edge network appliances.

The partnership provides a further route-to-market for the Group's Edgility solution, and a competitive advantage for the Group in targeting Advantech's customer base as well as for both companies targeting new customers for the joint solution. Purchasers of an Advantech universal edge network appliance will contract directly with BATM to use the Edgility solution.

By bringing together BATM's software with Advantech's hardware, enterprise and service provider, customers can benefit from simpler and streamlined deployment, management and orchestration of networked devices and applications, whilst being cost-effective. The pre-installed offering also provides a wide range of preconfigured solutions optimised to support maximum functionality at the edge.

Edgility is BATM's operating system for the creation of virtual networks and Edge Computing, which is a requirement for IoT, 5G and enterprise applications. The Group's Telco Systems subsidiary, which offers Edgility, has recently been named as one of the 100 edge companies to watch in 2022 by STL Partners, a UK-based telecoms research and consulting firm. Find out more here.

Dr Zvi Marom , CEO of BATM, said : "We are delighted to be partnering with Advantech to provide our Edgility solution pre-installed on their network appliances, which will enable easier and faster adoption by customers. It reflects the strength of our offering in the rapidly growing Edge Computing market, which will enable Advantech to differentiate their products. With annual revenue of over US$1.7bn and selling globally from offices in over 20 countries, Advantech is a strong partner, and this collaboration enhances our competitive position and offers a further route-to-market. This is also a further example of our growth strategy across our business to accelerate the adoption of our solutions via collaborations with established partners. We look forward to working with Advantech and to continuing to expand our partner base."

[wizzkid211] 21/2/2022 10:52

High volume for Monday morning 2m shares traded between TASE and London

[emeraldzebra] 21/2/2022 08:53

Thanks Lsoc85. The levels to which these shorters seem to want to push the price without taking a huge risk seem incredible given the position of the company finances. Pockstones also makes a v good point about large holders.

[paulisi] 21/2/2022 08:13

High volums this morning and a positive announcement for edgility.

[the crypt] 21/2/2022 07:56

Look at today's announcement- great news - this is a marvellous moment

[landskermichael] 20/2/2022 15:26

Read an article in globes recently suggesting bvc should split into two companies and relist on the nasdaq , I would have thought this would be something to be seriously considered since London recently let them down so badly

[picsous] 20/2/2022 13:58

TASE just turned green.

[pockstones] 19/2/2022 23:00

Aggressive short selling? Is their a declared percentage short ? I am not aware of one
The integrity of the management is really the question here

[lsoc85] 19/2/2022 15:04

Fair play topping up now 👍 you're in for big profit.

[the crypt] 18/2/2022 22:00

I am not sure I u derived the same position as pool who helped transition the fried egg out of the pan that is why I topped up my last line of eggs

[pockstones] 18/2/2022 19:56

The company has not answered the Shifty the rat questions and while the blog has disappeared the questions asked remain. The shorter used publicly available documents to validate his doubts.
The share price behaviour suggests that larger holders have their doubts but that there is only the liquidity of retail investors to offload into.

[the crypt] 18/2/2022 16:48

Michael Landsker or something like that You are right This is a tree shake

[landskermichael] 18/2/2022 15:32

Yesterday the shares were up 7 percent at close they were back where they started , today as of now they are down a further 7 percent , all on small volume , the market makers want stock to sell at a higher price , that's why the tree shake started yesterday , that's what I think , just my opinion that this share has always been manipulated more than most , it looks a bargain now and I will keep buying it because eventually its going back to 80 p but might see sub 40 p first

[fse] 18/2/2022 15:05

BOSTON, Feb. 16, 2022 /PRNewswire/ -- Telco Systems, a leading provider of edge compute solutions, today announced that it has been recognized for the second consecutive year by STL Partners as one of the top edge companies to watch for in 2022.

STL Partners is a leading global research and consulting firm, specializing in edge computing, telco cloud, IoT and AI technologies. Their Edge Companies to Watch list spotlights the edge companies – from new ventures to established telecoms - making waves in 2022. The expansion of this year's list to 100 companies (from 60 companies in 2021) is indicative of the rapid growth the edge computing market is currently experiencing.

Telco Systems' selection for the second year running reflects its position as both a leader and a pioneer in in the edge computing space. The company was recognized for its recent success in meeting market demand for edge computing management and orchestration. Key achievements in 2021 included the launch of Telco's Edgility platform, and initial production deployments at global enterprises and MSPs, including CEMEX and e-Qual.

"Telco Systems is honored to be part of STL Partners' prestigious list of 100 edge companies to watch in 2022," Ariel Efrati, CEO of Telco Systems. "In the coming year, we look forward to additional rollouts of our all-in-one Edgility edge compute platform for enterprises and service providers, helping them to simplify the deployment, management and operation of new edge workloads and business models."

"The growth in our Edge Companies to Watch list reflects the progress the industry has made over the past year," said Dalia Adib, Director - Consulting, STL Partners. "I expect to see even stronger growth in 2022, which is indicated by Telco Systems' innovations in the edge device management space, allowing enterprises to extend computing power at key points close to the sources of data."

[emeraldzebra] 18/2/2022 15:01

landsker - thanks. By 'sucking people in on good news' what do you infer ? I mean good news is good news ? right ? nothing to do with mm's? .... would it follow that mm's were - on this logic - selling to buyers reacting to the good news, and therefore have little to 'dump' afterwards ? ? Please enlighten as mm's are a constant source of mystery to me !

[picsous] 18/2/2022 14:57

IMO the trend is continuing because the trading update did not surprise the market either way.
The question is, why is the down trend so severe? Perhaps when the company addressed the nationality review things will be more certain?

[the crypt] 18/2/2022 14:49

So why is BVC falling today - intelligent reasons please

[landskermichael] 18/2/2022 13:30

The market makers sucked people in on good news yesterday then dumped them all by the close , now pushing it downwards again I just hope we dont go sub 40p again , could happen if there is a big market correction or a crisis

[the crypt] 18/2/2022 13:13

The dark forces are the sellers In the background trying to short BVC.Leave the board alone - they have been most marvellous

[car1pet] 18/2/2022 12:54

I don't know what you mean by dark forces Crypt. The share price is what investors are prepared to pay. The trading update, despite being positive, has been published and has made no difference. Thats the reality. I realise I am a broken record to posters on this board but the management of the company has to change. It needs a commercially focussed CEO who understand how to develop and grow the business. Right now its a R&D organisation with sales as a secondary interest. In my view if Marom and his core team are replaced this company could do really well

[the crypt] 18/2/2022 11:10

Not sure why these are going down again - not on volume. Maybe there are dark forces at work