TEL AVIV, Israel, September 12, 2011 /PRNewswire/ --
RADCOM Ltd. (NASDAQ: RDCM) a leading network service
assurance provider, today announced that it has received additional
orders totaling approximately $US 6.5
million from one of Latin
America's major multinational mobile telecommunications
groups. These orders were placed by several of the group's regional
operators.
RADCOM's rising business from this group reflects the customer's
decision to standardize on RADCOM's advanced Omni-Q as a
comprehensive solution for controlling many aspects of service
quality. This deal is an integral part of RADCOM's strategy of
building relationships with multi-national telecommunications
groups that can implement RADCOM's unique tools across their
operators. Since this operator is one of the most advanced
operators in Latin America,
RADCOM's comprehensive offering is ideal for them, as RADCOM can
provide one platform for all technologies on their network.
RADCOM's focused offerings for cross-national operators, such as
interconnection management and roaming analysis were significant
features in this operator's decision to choose RADCOM as the
preferred solution.
"This strategic deal by this multi-national group improves our
visibility, making us even more confident in our product and
marketing strategy," commented Mr. David
Ripstein, RADCOM's President and CEO. "These deals confirm
that we are well positioned with the right technology, in a
high-potential market."
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 RADCOM 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 RADCOM'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 RADCOM's business, reference is made to
RADCOM's reports filed from time to time with the United States
Securities and Exchange Commission. RADCOM 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