TEL AVIV, Israel, August 4, 2011 /PRNewswire/ --
RADCOM Ltd. (NASDAQ: RDCM) (the "Company"), a leading
network service assurance provider, announced today that it has
scheduled its 2011 annual general meeting of shareholders to take
place on Monday, September 19, 2011
at 4:00 p.m. (Israel time), at the offices of the Company,
24 Raoul Wallenberg Street, Tel Aviv,
Israel. The record date for the meeting is
August 10, 2011.
Proxy statements describing the proposals on the agenda and
proxy cards for use by shareholders that cannot attend the meeting
in person will be sent by mail, on or about August 11, 2011, to the Company's shareholders of
record and to shareholders that hold shares registered with the
American Stock Transfer & Trust Company. The Company will
also furnish the proxy statement to the Securities and Exchange
Commission on Form 6-K.
The agenda of the meeting is as follows:
- To re-elect the following members of of the Company's Board of
Directors: Zohar Zisapel, Shlomo
Kalish and Matty Karp;
- To re-appoint Kost Forer Gabbay
& Kasierer, A Member of Ernst and Young Global as the Company's
independent auditors until the next annual general meeting of
shareholders and to authorize the Audit Committee of the Company's
Board of Directors to fix their remuneration;
- To approve amendments to the Company's Articles of
Association;
- Subject to the approval of part of item (3) above, to approve
an amendment to the indemnification letter of directors and certain
officers;
- To discuss the auditors' report and the consolidated financial
statements of the Company for the year ended December 31, 2010; and
- To transact such other business as may properly come before the
meeting or any adjournment thereof.
Quorum
Two or more shareholders of the Company holding shares
conferring in the aggregate at least one-third (1/3) of the voting
power of the Company, present in person or by proxy and entitled to
vote, will constitute a quorum at the meeting.
Voting Requirements
Items 1, 2, 3 (in part), and 4 (in part) require the affirmative
vote of the holders of a majority of the voting power in the
Company present, in person or by proxy, and voting on the matter.
Items 3 (in part) and 4 (in part) require the affirmative
vote of the holders of a majority of the voting power in the
Company present, in person or by proxy, and voting on the matter,
provided that either (i) at least a majority of the shares of
shareholders who do not have a personal interest in the resolution
are voted in favor of the matter or (ii) the total number of shares
of shareholders who do not have a personal interest in the
resolution voted against the matter does not exceed two percent of
the Company's outstanding ordinary shares.Item 5 will not involve a
vote.
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.
Contact:
Gilad Yehudai
Chief Financial Officer
+972-77-774-5060
gilady@radcom.com
SOURCE RADCOM Ltd