TEL AVIV, Israel, May 3, 2013 /PRNewswire/ --
RADCOM Ltd. (NASDAQ: RDCM), a leading service assurance
provider, today announced the initial phase of a multi-million
dollar, multi-year deal with a Tier 1 Asian operator.
RADCOM's end-to-end LTE monitoring solution will provide service
assurance for one of the largest planned LTE deployments in the
world. This is the sixth LTE contract RADCOM has entered recently;
thus positioning RADCOM as a leader in the rapidly developing
market for LTE monitoring and service assurance solutions.
The ability to provide a real time feed to policy control
components in the network using the QiSolve application was a major
advantage for RADCOM in this deal, as it allows the service
provider to maximize on RAN (Radio Access Network) monetization, as
they expand network coverage. RADCOM's Service Assurance solution
for LTE, will monitor the subscribers' QoE and provide powerful
troubleshooting tools to rapidly resolve issues; thereby ensuring
smooth running of the network.
"We are proud to announce this major deal. RADCOM's LTE solution
was selected by this major operator after a long comparison process
against leading competitors, due to its technological advantages,"
said David Ripstein, RADCOM's
President and CEO. "RADCOM's solution continues to be at the
forefront of technology, and provide our customers with innovative
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 and
customer-care 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