TEL AVIV, Israel, January 10, 2012 /PRNewswire/ --
RADCOM Ltd. (NASDAQ: RDCM) a leading Service Assurance provider, today announced an expansion of of their deployment with a major Russian cellular operator. This expansion is valued at approximately 1.4 million dollars. The deal was concluded and primarily delivered during the end of December 2011.
RADCOM provides this operator's mobile broadband network with a solution that monitors their 2G and 3G mobile broadband network. This operator is an established satisfied RADCOM customer, with several previous expansions of their RADCOM deployment in order to meet the growing demand for mobile broadband services in their network. They use RADCOM's solution to monitor network service health as well as subscriber QoE (Quality of Experience) on their mobile broadband network. This recent expansion will support this operator's plans to increase their mobile broadband capacity by almost 100% during the course of 2012.
"We are reaping the fruits of a long term relationship with this customer", said Ori Onn, RADCOM's VP EMEA. "RADCOM's scalable Service Assurance Solution makes it easy to add more applications and further expand this deployment in order to meet network growth."
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.
Contact: Eyal Harari VP Products and Marketing +972-77-774-5030 firstname.lastname@example.org
SOURCE RADCOM Ltd