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BVC Batm Advanced Communications Ld

19.04
0.00 (0.00%)
Last Updated: 08:05:57
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Batm Advanced Communications Ld LSE:BVC London Ordinary Share IL0010849045 ORD ILS0.01
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 19.04 18.86 19.98 5,143 08:05:57
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Communications Services, Nec 116.12M 244k 0.0006 317.33 83.02M

BATM Advanced Communications Ld New contract win for Edgility (6283B)

05/06/2023 7:00am

UK Regulatory


Batm Advanced Communicat... (LSE:BVC)
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TIDMBVC

RNS Number : 6283B

BATM Advanced Communications Ld

05 June 2023

LEI: 213800FLQUB9J289RU66

5 June 2023

BATM Advanced Communications Limited

("BATM" or "the Group")

New contract win for Edgility

Edgility to support 911 and 988 emergency services in the USA

BATM (LSE: BVC; TASE: BVC), a leading provider of real-time technologies for networking solutions and medical laboratory systems, announces that it has been awarded a five-year contract by a leading provider of emergency connectivity services in North America (the "Customer") for its Edgility platform for edge computing. This represents the first time Edgility will be used for a government application and support critical public infrastructure.

The Customer will use Edgility to deliver the call-handling system for 911 Emergency Services and the 988 National Suicide Prevention & Mental Health Crisis Lifeline across a major US State . By utilising the Edgility platform, the Customer will be able to run critical applications close to end-users at the edge of the network, which reduces network latency to facilitate enhanced responsiveness and faster call resolution times.

In addition, Edgility enables the virtualisation of multiple applications on a single small form edge device, reducing the need for additional hardware, and significantly decreasing power consumption to reduce carbon emissions and promote sustainability.

Moti Nagar, Chief Executive Officer of BATM, said: "This latest contract for Edgility is a great endorsement of our solution given the high standards of reliability and efficacy required for emergency services call handling. It also demonstrates the numerous high value use cases for edge computing, with Edgility being used for the first time in a government application for public safety.

"We are honoured that we will be helping to improve the crisis care available to people in need. As emergency communications become more sophisticated in assisting first responders as well as expanding access and ease of use for individuals, edge computing plays a mission-critical role in processing data close to end-users to deliver potentially life-saving services."

Enquiries:

 
BATM Advanced Communications 
Moti Nagar, Chief Executive Officer 
 Ran Noy, Chief Financial Officer                               +972 9866 2525 
 
 
Shore Capital 
Mark Percy, Anita Ghanekar, James Thomas (Corporate Advisory)   +44 20 7408 4050 
 
Gracechurch Group 
Harry Chathli, Claire Norbury                                   +44 20 4582 3500 
 

Forward-looking statements

This document contains forward-looking statements. Those statements reflect the current opinions, evaluations and estimations of the Group's management, and are based on the current data regarding the Group's business as is detailed in this document and in the Group's periodical, interim and immediate reports. The Group does not undertake any obligation or make any representation that actual results and events will be in line with those statements, and stresses that they may differ materially from those statements, due to changes in the Group's business, market, competition, demand for the Group's products or services, general economic factors or other factors that can influence the Group's business and results, due to the risk factors that are detailed in the Group's Annual Report, and due to information and factors that are currently unknown to the Group's management and that, if known, would affect the management's opinions, evaluations or estimations. The Group will report the actual results and events according to its legal, accounting and regulatory obligations, and does not undertake any other obligation to report them or their deviations from the forward-looking statements, or to update any of the forward-looking statements in this document or to report that it is not valid anymore.

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 rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END

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(END) Dow Jones Newswires

June 05, 2023 02:00 ET (06:00 GMT)

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