Avanti win £4.5m Contract
Business Continuity Forum satellite broadband communications and Business Continuity
Avanti (AIM: AVN), the broadband satellite operator, is pleased to announce that it has signed a three year contract with Computerlinks which becomes a major distributor for Avanti’s Business Continuity products including its patented Business Internet Continuity (BIC) service.
Computerlinks will enable its channel partners, of whom there are over 5,000, to address the rapidly growing market demand for disaster recovery telecoms services. They will now be able to provide true Business Internet Continuity to their installed and new customers who are becoming increasingly wary of reliance on single circuits to connect them to the “Cloud” or to their own application and data servers.
Avanti has secured international patent protection for its Business Internet Continuity product, which is capable of instantly restoring, by satellite, not only connectivity but also IP addressing in the event of a failure of customers’ primary telecoms circuit. The contract is worth up to £4.5 million.
Commenting, David Williams, Avanti Chief Executive, said:
“This contract brings an important new revenue stream to Avanti and our first major sale of our patented Business Internet Continuity product to a large and highly expert customer. With the increasing importance of cloud computing in the Enterprise market, simple, cost effective and scalable Business Continuity solutions will be in demand across the World. Avanti’s patented Business Internet Continuity product has potential application for almost every connected business in the World and takes satellite broadband beyond core rural and enterprise markets. With the global reach of Computerlinks working together with the coverage offered by the HYLAS fleet of three satellites, the possibilities are very exciting.”