TEL AVIV, Israel, November 28, 2011 /PRNewswire/ --
RADCOM Ltd. (NASDAQ: RDCM) a leading network Service
Assurance provider, today announced an expansion of a transaction
with a major operator in APAC, a member of an international
telephony group. This expansion order was received a short time
after the successful deployment of the initial system ordered from
RADCOM. The contract expansion is valued at $1.25 million dollars.
The Mobile Broadband market is rapidly expanding. As more and
more customers use sophisticated devices such as tablets,
Smartphones, 3G data card and notebooks, the demands for bandwidth
rises. There is an exponential growth in the use of smartphone
users in this operator's network, with extremely high bandwidth
usage. Consequently, this satisfied RADCOM customer chose to expand
their deployment of RADCOM's Customer Experience Management
Solution in order to continue to deliver a high level of customer
service in this challenging network environment. Using RADCOM's
scalable solution they expect to be able to meet both today's
bandwidth demands, as well as those of the future.
"We are excited to continue to provide Customer Experience
Management solutions to this satisfied customer." said Yoram
Sherman RADCOM's VP Sales Asia-Pacific. "Once again, this expansion
has proved that our customers are satisfied with RADCOM's solution
for data-heavy networks with high bandwidth usage, as yet another
customer returns to RADCOM for additional purchases of our
solutions."
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 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
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