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 subscribers."
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, 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.
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SOURCE RADCOM Ltd