BATM Advanced Communications Ld Strategic Partnership for Edgility with NEXCOM (2082F)

TIDMBVC

RNS Number : 2082F

BATM Advanced Communications Ld

18 March 2022

LEI: 213800FLQUB9J289RU66

18 March 2022

BATM Advanced Communications Limited

("BATM" or "the Group")

Strategic Partnership for Edgility with NEXCOM

The Group's virtual networking and edge computing solution to be pre-installed on NEXCOM's 5G network appliance

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 NEXCOM International Co Ltd ("NEXCOM") (TPEX: 8234), a leading supplier of network appliances, to provide the Group's Edgility virtual networking and edge compute solution pre-installed on NEXCOM's 5G-ready network appliance.

The partnership with NEXCOM, which is headquartered in Taiwan with operations in China, Japan, US, UK and Italy, provides a further route-to-market for the Group's Edgility solution. By bringing together BATM's software with NEXCOM's hardware, customers can benefit from simpler and streamlined deployment, management and orchestration of networked devices and applications, whilst being cost effective. Purchasers of the NEXCOM appliance will contract directly with BATM if they choose to use Edgility.

Edgility is available pre-installed on NEXCOM's DTA 1164W uCPE, which provides full support for 5G and IoT connectivity. It is designed for the small-office-home-office (SOHO) and mid-range enterprise market that require advanced tools for deploying and running services and applications at the network edge as well as for the simplified management, security and maintenance of edge devices.

Dr Zvi Marom, CEO of BATM, said : "We are delighted to have formed another partnership for our Edgility solution, which is now available pre-installed on NEXCOM's 5G network appliance for small and medium-sized enterprises. As these businesses move their IT functions to the network edge as part of their digital transformation initiatives, they need an agile, cost-efficient solution to simplify the deployment and management of edge devices while reducing operational costs, which is what we are providing through this partnership with NEXCOM. Our selection by NEXCOM reflects the strength of our offering in the rapidly growing edge computing market, and is another example of our strategy across our business to accelerate the adoption of our solutions via collaborations. We continue to see increased momentum in this side of the business and we look forward to reporting further progress."

Enquiries:

 
 
  BATM Advanced Communications 
Dr Zvi Marom, Chief Executive Officer                           [phone] 
Moti Nagar, Chief Financial Officer 
 
Shore Capital 
Mark Percy, Anita Ghanekar, James Thomas (Corporate Advisory)   [phone] 
 
Luther Pendragon 
Harry Chathli, Claire Norbury                                   [phone] 
 

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, 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.

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March 18, 2022 03:01 ET (07:01 GMT)