RADCOM Joins Alcatel-Lucent CloudBand Ecosystem Program to Provide NFV-Ready
TEL AVIV, Israel, April 29, 2014
TEL AVIV, Israel, April 29, 2014 /PRNewswire/ --RADCOM Ltd. (NASDAQ: RDCM), a
leading innovative service assurance and customer experience provider, today
announced that it has joined theAlcatel-Lucent CloudBand Ecosystem program.
This initiative was established to advance industry adoption of Network
Functions Virtualization. RADCOM's joining of this initiative follows the
company's recent launch of MaveriQ, its NFV-based based network analytics
MaveriQ is RADCOM's NFV-based network analytics solution with
super-high-capacity processing power. MaveriQ brings probe-based service
assurance into the terabit era, giving operators clear visibility into all
quality aspects of 4G LTE, VoLTE and LTE-Advanced networks.
The CloudBand Ecosystem program is the first open community of service
providers, developers and vendors adopting NFV. Virtualizing network functions
allows faster and more efficient deployment of network functions where they
are needed. In addition, service life-cycles can be more easily managed to
meet dynamic customer demands without the huge investments in time, costs and
power that are currently required.
Participating in the Alcatel-Lucent CloudBand Ecosystem program will enable
RADCOM to further develop the unique capabilities of its MaveriQ Service
Assurance and Customer Experience solution. Deploying MaveriQ as a Virtual
Network Function allows operators to reduce CAPEX and OPEX, speed up
deployment time and achieve better flexibility and scalability while improving
subscriber Quality of Experience and optimizing their telecommunications
"The industry is shifting towards virtualized platforms such as virtualized
Evolved Packet Core (vEPC) and a virtualized IMS (vIMS)." said Eyal Harari, VP
Products and Marketing. "We are excited to join the Alcatel-Lucent CloudBand
Ecosystem program. RADCOM is cooperating with network equipment vendors to
provide Quality of Experience monitoring solutions for virtualized network
architectures. We are pleased to be at the forefront of the community of
service providers, developer and vendors developing NFV based solutions."
"We believe that the CloudBand NFV Platform is where the industry is headed,
and we are delighted that we can give companies like RADCOM the opportunity to
make use of our open cloud architecture, said Dor Skuler, Alcatel-Lucent VP
and CloudBand Business GM."Together CloudBand and our ecosystem partners are
moving the industry from NFV experimentation in the lab and field trials, to
execution in the network."
RADCOM provides innovative service assurance and customer experience
management solutions for leading telecom operators and communications service
providers. RADCOM specializes in solutions for next-generation mobile and
fixed networks, including LTE, LTE-A, 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 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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