TEL AVIV, Israel, June 20, 2011 /PRNewswire/ --
RADCOM Ltd. (NASDAQ: RDCM) a leading network Service
Assurance provider, today announced that a major global
telecommunications operator chose RADCOM to monitor their cellular
networks. This order is valued at over two
million dollars.
This operator chose RADCOM's Omni-Q to monitor all of their
cellular networks in this country, including GSM, GPRS and UMTS.
They selected RADCOM's solution due to its comprehensive offering
which is capable of providing them with one solution for all
technologies on their network. Furthermore, the wide set of
applications for roaming analysis, interconnection management and
handset performance benchmarking, as well as the capability to
optimize the radio interface were all key features for this
operator.
"This order is an important achievement which confirms every
element of our strategy - especially the market's growing need for
service assurance solutions, the recognized superiority of RADCOM's
solutions, and the significant potential for sales of our systems.
It demonstrates the strong position of RADCOM's Service Assurance
solution in the global market in general, and in Latin America in particular," said
Ronen Hovav, RADCOM's VP Sales
Global Accounts. "We believe that by using RADCOM's OmniQ system,
this operator will be able to improve its network and service
quality, hence increasing its revenues and reducing operational
costs."
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 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. 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
+972-77-774-5030
eyalh@radcom.com
SOURCE RADCOM Ltd