TEL AVIV, Israel, May 13, 2010 /PRNewswire-FirstCall/ -- RADCOM
Ltd. (NASDAQ: RDCM) a leading network monitoring and service
assurance provider, today announced that it has closed new deals
for a total of approximately $1.5
million with two major Brazilian operators. Both deals are
for advanced network monitoring systems designed to help these
RADCOM customers maintain high-level services during and after
their launch of advanced Next Generation Networks (NGN).
(Logo: http://www.newscom.com/cgi-bin/prnh/20090331/342930 )
These sizeable new deals demonstrate the growing demand for
RADCOM's products in Brazil and
other emerging markets, which is attributable, among others , to
recent rollouts of NGN networks, VoIP-based voice services and
other advanced technologies in such markets. To take full advantage
of this increased demand, RADCOM has recently established a
dedicated sales representative for Brazil to work alongside the Company's local
distributor.
"RADCOM has entered into a continuous growth phase that is being
driven by multiple market trends, including new technologies such
as VoIP-based voice services, NGN and mobile data networks," said
Mr. David Ripstein, RADCOM's
President and CEO. "These developments are creating significant
service quality challenges that telecommunications service
providers must overcome to secure their customers in competitive
markets," continued Mr. Ripstein. "To take advantage of the growing
number of top-tier companies that are turning to RADCOM for our
service assurance solutions, we continue to ramp up our sales and
marketing efforts in general, and in South America in particular."
About RADCOM
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 IMS, Voice, Data and VoIP
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. RADCOM's shares are listed on
the NASDAQ Capital Market under the symbol RDCM. 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 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 United States
Securities and Exchange Commission. The Company does not undertake
to revise or update any forward-looking statements for any
reason.
Contact:
Eyal Harari
VP Products and Marketing
+972-3-766-8248
eyalh@radcom.com
SOURCE Radcom Ltd