Radcom Names Jonathan Burgin as New CFO
July 10 2006 - 9:00AM
PR Newswire (US)
TEL-AVIV, Israel, July 10 /PRNewswire-FirstCall/ -- RADCOM Ltd.
(RADCOM) (NASDAQ and TASE: RDCM) today announced that it has named
Mr. Jonathan Burgin to be its Chief Financial Officer (CFO)
effective today. Mr. Burgin is a veteran of Israeli hi-tech with 22
years of operational and transactional experience, including
financial management of publicly-traded companies, execution of
public offerings on international markets, and negotiating
acquisitions, mergers, and fundraisings. For the past seven years,
he served as the CFO of XTL Biopharmaceuticals (NASDAQ:
XTLB)(LSE:XTL)(TASE:XTL), taking an active part in the process of
listing its shares on the NASDAQ, London, and Tel-Aviv Stock
Exchanges and raising $110 million in four financing rounds.
Previously, Mr. Burgin served as CFO of YLR Capital Markets, a
publicly-traded Israeli investment bank, and as Senior Manager at
Kesselman & Kesselman, the Israeli member of
PricewaterhouseCoopers International Ltd. Mr. Burgin earned an
M.B.A. and B.A. in Accounting and Economics from Tel Aviv
University and is certified in Israel as a CPA. "With top-tier
customers, excellent products, a well-oiled team and growing
markets, I believe RADCOM is positioned for success," said Burgin.
"I am excited to join the Company and look forward to contributing
to its growth." Commenting on the news, Arnon Toussia-Cohen,
President and CEO of RADCOM, said, "We are pleased to welcome
Jonathan to the RADCOM team. With proven abilities, expertise on
global capital markets and experience in M&A transactions, we
are confident that he will make a strong contribution to the
company, helping us carry out our strategies and achieve our long
term goals." RADCOM develops, manufactures, markets and supports
innovative network test and service monitoring solutions for
communications service providers and equipment vendors. The company
specializes in Next Generation Cellular as well as Voice, Data and
Video over IP networks. Its solutions are used in the development
and installation of network equipment and in the maintenance of
operational networks. The company's products facilitate fault
management, network service performance monitoring and analysis,
troubleshooting and pre-mediation. For more information, please
visit http://www.radcom.com/. Risks Regarding Forward Looking
Statements Certain statements made herein that use the words
'estimate,' 'project,' 'intend,' 'expect', 'believe' and similar
expressions are intended to identify forward-looking statements
within the meaning of the Private Securities Litigation Reform Act
of 1995. These forward-looking statements involve known and unknown
risks and uncertainties which could cause the actual results,
performance or achievements of the Company to be materially
different from those which may be expressed or implied by such
statements, including, among others, changes in general economic
and business conditions and specifically, decline in demand to 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 Securities and
Exchange Commission. The Company does not undertake to update
forward-looking statements. Contact: Arnon Toussia-Cohen President
and CEO +972-3-645-5382 DATASOURCE: Radcom Ltd CONTACT: Arnon
Toussia-Cohen, President and CEO, +972-3-645-5382,
Copyright