RADCOM Strengthens its Foothold in Russia's Telecom Market
Major deals include LTE and IMS technologies
TEL AVIV, Israel, June 6, 2013
TEL AVIV, Israel, June 6, 2013 /PRNewswire/ --
RADCOM Ltd. (NASDAQ: RDCM) a leading Service Assurance provider, today
announced that it recently received orders from two Tier 1 Russian Telecom
operators. These deals are a culmination of a long term process, and solidify
RADCOM's penetration to the Russian mobile market.
RADCOM's offered one of the Tier 1 operators a solution that proved superior
to competitors in their market, providing advanced troubleshooting and
monitoring capabilities for voice quality over IMS. Additionally, RADCOM
offered a high standard monitoring solution, widespread deployment and
superior technological capabilities.
RADCOM's LTE solution was purchased by the other Tier 1 operator. With this
additional LTE deal, RADCOM continues its success in penetrating the LTE
market. RADCOM's LTE and Gn data monitoring solution is an addition to the
existing cellular and data monitoring system already deployed at this operator
in order to meet the growing demand for mobile broadband services in their
network. With RADCOM's scalable solution it was easy and cost effective to add
the LTE solution to their existing service assurance solution.
"We are extremely pleased to have closed these major contracts in Russia,"
said David Ripstein, RADCOM's President and CEO. "RADCOM plays a crucial role
in supporting these operators in their move towards next generation networks,
and enables them to deliver exceptional quality of service to their
RADCOM provides innovative service assurance and customer experience
management solutions for leading telecom operators and communications service
providers. RADCOM specializes in solutions for next-generationmobileand
fixed networks, including LTE, VoLTE, IMS, VoIP, UMTS/GSM and mobile
broadband. RADCOM's comprehensive, carrier-grade solutions are designed for
big data analytics on terabit networks, and are used to prevent service
provider revenue leakage and to enhance customer care management. RADCOM's
products interact with policy management to provide self-optimizing network
solutions. 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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