TEL AVIV, Israel, June 14, 2016 /PRNewswire/ --
RADCOM Ltd (NASDAQ: RDCM), today announced that it has
received a $4.3 million order from a
leading Tier 1 APAC operator, part of the $13 million contract that was announced in May,
2015. This order further expands RADCOM's solution to assure the
quality of service delivered to the operator's install base of more
than 50 million subscribers.
RADCOM's MaveriQ solution is deployed across multiple
technologies and departments within the operator and this expansion
provides additional capacity to handle the expected traffic growth
up until 2017. By decoupling the need for proprietary hardware
RADCOM's MaveriQ software has proved itself to be highly scalable
as the operator's network capacity has rapidly increased
year-over-year; one of the reasons this operator chose RADCOM as
its service assurance vendor.
"RADCOM has been a long-time partner of this Tier 1 operator -
being the 1st customer to upgrade to MaveriQ - and this
latest order highlights the strength of our relationship," said
Eyal Harari, RADCOM's Chief
Operating Officer. "Our ability to assure the network and provide
real-time customer experience insights across multiple technologies
while supporting the year-over-year expansion of their network
capacity has been critical. We appreciate the trust this operator
places in us, as we strive together to assure a high quality of
experience is delivered to subscribers and we look forward to
continuing to meet future needs of both this and additional Tier 1
operators."
About RADCOM
RADCOM (NASDAQ: RDCM) is a first-mover and leading provider of
NFV-ready service assurance and customer experience management
solutions for Communications Service Providers (CSPs). RADCOM's
software - MaveriQ - continuously monitors network performance and
quality of services, to optimize user experience for CSPs'
subscribers. RADCOM specializes in solutions for next-generation
mobile and fixed networks, including LTE, VoLTE, IMS and others.
MaveriQ enables CSPs to smoothly migrate their networks to NFV by
assuring physical, NFV-based and hybrid networks. For more
information, please visit http://www.radcom.com.
Forward-Looking Statements
This press release contains forward-looking statements within
the meaning of the "safe harbor" provisions of the Private
Securities Litigation Reform Act of 1995 and other Federal
securities laws. Because such statements deal with future events
and are based on RADCOM's current expectations, they are subject to
various risks and uncertainties and actual results, performance or
achievements of RADCOM could differ materially from those described
in or implied by the statements in this press release. Except as
otherwise required by law, RADCOM disclaims any intention or
obligation to update or revise any forward-looking statements,
which speak only as of the date they were made, whether as a result
of new information, future events or circumstances or
otherwise.
For all investor enquiries, please contact:
Uri Birenberg
CFO
+972-77-774-5060
urib@radcom.com
For all media enquiries, please contact:
Mark Rolston
Marketing Manager
+972-77-774-5036
markr@radcom.com
SOURCE RADCOM Ltd