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RADCOM Rides on NGN Boom in Brazil: Closes Deals with Major Brazilian Operators
TEL AVIV, Israel, May 13, 2010-- RADCOM Ltd. (NASDAQ: RDCM) a leading network monitoring and service
assurance provider, today announced that it has closed new deals for a total
of approximately $1.5 million with two major Brazilian operators.
Both deals are for advanced network monitoring systems designed to help these
RADCOM customers maintain high-level services during and after their launch
of advanced Next Generation Networks (NGN).
(Logo:
http://www.newscom.com/cgi-bin/prnh/20090331/342930 )
These sizeable new deals demonstrate the growing demand for RADCOM's
products in Brazil and other emerging markets, which is attributable, among
others , to recent rollouts of NGN networks, VoIP-based voice services and
other advanced technologies in such markets. To take full advantage of this
increased demand, RADCOM has recently established a dedicated sales
representative for Brazil to work alongside the Company's local distributor.
"RADCOM has entered into a continuous growth phase that is being driven
by multiple market trends, including new technologies such as VoIP-based
voice services, NGN and mobile data networks," said Mr. David Ripstein,
RADCOM's President and CEO. "These developments are creating significant
service quality challenges that telecommunications service providers must
overcome to secure their customers in competitive markets," continued Mr.
Ripstein. "To take advantage of the growing number of top-tier companies that
are turning to RADCOM for our service assurance solutions, we continue to
ramp up our sales and marketing efforts in general, and in South America in
particular."
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 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:
Eyal Harari
VP Products and Marketing
+972-3-766-8248
eyalh@radcom.com
Photo:
http://www.newscom.com/cgi-bin/prnh/20090331/342930
Source: Radcom Ltd
Contact: Eyal Harari, VP Products and Marketing, +972-3-766-8248, eyalh@radcom.com
RADCOM Rides on NGN Boom in Brazil: Closes Deals with Major Brazilian Operators
TEL AVIV, Israel, May 13, 2010-- RADCOM Ltd. (NASDAQ: RDCM) a leading network monitoring and service
assurance provider, today announced that it has closed new deals for a total
of approximately $1.5 million with two major Brazilian operators.
Both deals are for advanced network monitoring systems designed to help these
RADCOM customers maintain high-level services during and after their launch
of advanced Next Generation Networks (NGN).
(Logo:
http://www.newscom.com/cgi-bin/prnh/20090331/342930 )
These sizeable new deals demonstrate the growing demand for RADCOM's
products in Brazil and other emerging markets, which is attributable, among
others , to recent rollouts of NGN networks, VoIP-based voice services and
other advanced technologies in such markets. To take full advantage of this
increased demand, RADCOM has recently established a dedicated sales
representative for Brazil to work alongside the Company's local distributor.
"RADCOM has entered into a continuous growth phase that is being driven
by multiple market trends, including new technologies such as VoIP-based
voice services, NGN and mobile data networks," said Mr. David Ripstein,
RADCOM's President and CEO. "These developments are creating significant
service quality challenges that telecommunications service providers must
overcome to secure their customers in competitive markets," continued Mr.
Ripstein. "To take advantage of the growing number of top-tier companies that
are turning to RADCOM for our service assurance solutions, we continue to
ramp up our sales and marketing efforts in general, and in South America in
particular."
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 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:
Eyal Harari
VP Products and Marketing
+972-3-766-8248
eyalh@radcom.com
Photo:
http://www.newscom.com/cgi-bin/prnh/20090331/342930
Source: Radcom Ltd
Contact: Eyal Harari, VP Products and Marketing, +972-3-766-8248, eyalh@radcom.com