TEL AVIV, Israel, April 18, 2012 /PRNewswire/ --
RADCOM Ltd. (NASDAQ: RDCM) a leading service assurance provider, today announced an expansion of their deployment with a major South American operator. This expansion is valued at approximately $1.4 million dollars. This brings to a total sum of approximately $7 million dollars, the investment made by this operator in their deployments of RADCOM equipment for monitoring their network.
This operator is a long term satisfied RADCOM customer who already uses RADCOM's Omni-Q service management solution to monitor network performance and Quality of Service on both its national and international NGN and mobile networks. With the current expansion of their UMTS 3G network, as a satisfied RADCOM customer, it was only natural for them to expand their deployment of RADCOM's system too, to continue to provide optimal customer experience to their subscribers. RADCOM's scalable solution made it easy to expand its coverage of this Tier One network to now monitor almost 4 Billion XDRs a day.
"RADCOM's scalable solution makes it easy for our customers to expand their deployment to additional technologies and sites," said Ronen Hovav, RADCOM's VP Sales Global Accounts "Yet again, RADCOM is reaping the results of its efforts to maintain a high level of customer satisfaction."
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