RADCOM Wins a Multimillion Dollar LTE Deal
Sixth LTE Deal Recently
TEL AVIV, Israel, May 3, 2013
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
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."
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.
VP Products and Marketing
SOURCE RADCOM Ltd
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