TEL AVIV, Israel, October 9, 2017 /PRNewswire/ --
RADCOM Ltd. (NASDAQ: RDCM), today announced that after a
successful proof of concept with a world-leading top tier operator,
it has signed a new Network Functions Virtualization (NFV) contract
for its fully virtualized, cloud-native MaveriQ solution.
The NFV contract covers assurance for a virtualized network
domain and provides a framework for additional orders by the
operator.
"MaveriQ is a very advanced cloud-native probe-based service
assurance solution that serves the needs of operators, as they
transition their networks to NFV. This together with our strong NFV
expertise is the value which we provide our customers as
communication service providers embark on the journey to
virtualizing their networks," said Yaron Ravkaie, RADCOM's Chief
Executive Officer.
About RADCOM
RADCOM (NASDAQ: RDCM) is a first-mover and leading provider of
NFV-ready service assurance and customer experience management
solutions for Communications Service Providers (CSPs). RADCOM's
software - MaveriQ - continuously monitors network performance and
quality of services, to optimize user experience for CSPs'
subscribers. RADCOM specializes in solutions for next-generation
mobile and fixed networks, including LTE, VoLTE, IMS and others.
MaveriQ enables CSPs to smoothly migrate their networks to NFV by
assuring physical, NFV-based and hybrid networks. For more
information, please visit http://www.radcom.com.
Risks Regarding Forward-Looking Statements
Certain statements made herein that use words such as
"estimate," "project," "intend," "expect," "'believe", "may",
"might", "predict", "potential", "anticipate", "plan" or similar
expressions are intended to identify forward-looking statements
within the meaning of the Private Securities Litigation Reform Act
of 1995 and other securities laws. For example, when the Company
discusses providing its solutions for a top tier provider's future
orders it is using foward-looking statements. These forward-looking
statements involve known and unknown risks and uncertainties that
could cause the actual results, performance or achievements of the
Company to be materially different from those that may be expressed
or implied by such statements, including, among others, changes in
general economic and business conditions and specifically, decline
in the demand for the Company's products, inability to timely
develop and introduce new technologies, products and applications,
and loss of market share and pressure on prices resulting from
competition. For additional information regarding these and other
risks and uncertainties associated with the Company's business,
reference is made to the Company's reports filed from time to time
with the U.S. Securities and Exchange Commission. The Company does
not undertake to revise or update any forward-looking statements
for any reason.
For all investor enquiries, please contact:
Ran Vered
CFO
+972-77-774-5011
ranv@radcom.com
For all media enquiries, please contact:
Mark Rolston
Marketing Manager
+972-77-774-5036
markr@radcom.com
SOURCE RADCOM Ltd.