TEL AVIV, Israel, December 5, 2012 /PRNewswire/ --
RADCOM Ltd. (NASDAQ: RDCM) a leading network service assurance
provider, today announced a $1.3
million expansion of its deployment with a tier 1 major
operator in Asia Pacific (APAC), a
member of a global telecom group. This expansion is valued at
$1.3 million and the total deployment
deal size to date is over $4M.
The operator deployed a sophisticated mobile broadband network.
The growing use of smart devices requires extremely high bandwidth
usage. Following a successful implementation of RADCOM's Quality of
Experience system, this tier 1 customer decided to further expand
the deployment, to ensure a superior client experience for its
subscribers.
Since an original installation has already taken place, RADCOM
can deploy these types of expansion more quickly than initial
orders, at increased margins, quicker deployment times and at a
faster rate of revenue recognition. Additional opportunities for
repeat orders include the operator wanting to monitor other areas
of its network, other types of data on its network, as well as
other networks it has altogether.
"Asia Pacific is one of our
strategic markets and we're confident that our successful track
record will enable us to extend outreach to additional operators.
Operators in these emerging markets need to rapidly expand and
improve their network as they cater to the overload in data
traffic," said Yoram Sherman RADCOM's VP Sales Asia-Pacific. "This
expansion is a solid indication of RADCOM's successful execution as
well as customer satisfaction from our productive solution."
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