TEL AVIV, Israel, April 1 /PRNewswire-FirstCall/ -- Further to its announcement on March 17th in which RADCOM Ltd. ("RADCOM" or the "Company") (NASDAQ and TASE: RDCM) announced its intention to carry out a reverse share split of its outstanding ordinary shares, the Company today announced that it has called an Extraordinary Meeting of Shareholders (the "Meeting") of the Company to be held on May 6, 2008, at 16:30PM (Israel time), at the offices of the Company, 24 Raoul Wallenberg Street, Tel Aviv, Israel. "We are initiating this transaction with the goal of enhancing the liquidity of our shares for the benefit of our shareholders," commented Mr. Jonathan Burgin, CFO of RADCOM. "Having completed a successful turnaround in the fourth quarter of 2007, we are working to build the Company to a new level, and therefore believe it is important to maintain our accessibility to the public capital markets and our listing on Nasdaq." The Meeting is being called to approve certain amendments to the Company's Memorandum and Articles of Association in order to enable the Company to effect a one-for-four reverse share split, as well as to approve such one-for-four reverse share split. The reverse share split will be undertaken with the goal of enabling the Company to regain compliance with the minimum $1.00 bid price requirement of the Nasdaq Capital Market, and therefore to continue trading on The Nasdaq Capital Market. However, there can be no assurance that the reverse share split will have this effect, or that the Nasdaq Hearing Panel will accept the Company's appeal on the Nasdaq Listing Qualifications Staff's March 11, 2008 determination to delist the Company's ordinary shares from trading on the Nasdaq Capital Market. Shareholders of record at the close of business on April 3, 2008, are entitled to notice of, and to vote at, the Meeting. All shareholders are cordially invited to attend the Meeting in person. 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 Voice, Data and Video over IP 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 both the NASDAQ Capital Market and the Tel Aviv Stock Exchange 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 the Company 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 the Company'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 Company's business, reference is made to the Company's reports filed from time to time with the United States Securities and Exchange Commission. The Company does not undertake to revise or update any forward-looking statements for any reason. Contact: Jonathan Burgin CFO +972-3-645-5004 DATASOURCE: RADCOM Ltd CONTACT: Contact: Jonathan Burgin, CFO, +972-3-645-5004,

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