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Leading Mobile Operator in Latin America Expands Their RADCOM Deployment
TEL AVIV, Israel, April 14, 2011/PRNewswire-FirstCall/ -- RADCOM Ltd. (NASDAQ: RDCM) today announced that one of Latin Americas'
largest cellular operators, which previously selected RADCOM's Service
Assurance solution, decided to expand their implementation of RADCOM's Mobile
Data solution by adding full network coverage to its already implemented
monitoring of 3G multimedia data services. This new deal is valued at
approximately $2.5 Million US Dollars, with an expected further expansion
valued at approximately $3 million US Dollars for RADCOM to follow in 2012.
This major deal with Latin America's Tier-1 market leader, which is a
part of the largest mobile telephony group in the South Hemisphere, signifies
another success for RADCOM in this region. RADCOM will deliver a
comprehensive solution for this operator's high-quality network, which
provides data and voice services to more than 50 million subscribers.
"We are delighted that this major operator chose RADCOM's solution again
to monitor their network. Positive experience with RADCOM's current
implementation led this operator to make a long term investment in RADCOM's
solutions. With this continuing deal, the customer showed their vote of
confidence in RADCOM's solution" said David Ripstein, RADCOM's President and
CEO. "Establishing itself as a service assurance solution provider for Tier-1
operators is one of RADCOM's primary aims, and our ability to provide this
operator with a scalable solution confirms our success".
About RADCOM
RADCOM provides innovative service assurance solutions for communications
service providers and equipment vendors. RADCOM specializes in solutions for
next-generation networks, both wireless and wireline. RADCOM's comprehensive,
carrier strength solutions are used to prevent service provider revenue
leakage and enable management of customer care. RADCOM's products facilitate
fault management, network service performance analysis, troubleshooting and
pre-mediation with an OSS/BSS. 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
+972-3-766-8248
eyalh@radcom.com
Source: RADCOM Ltd
.
Leading Mobile Operator in Latin America Expands Their RADCOM Deployment
TEL AVIV, Israel, April 14, 2011/PRNewswire-FirstCall/ -- RADCOM Ltd. (NASDAQ: RDCM) today announced that one of Latin Americas'
largest cellular operators, which previously selected RADCOM's Service
Assurance solution, decided to expand their implementation of RADCOM's Mobile
Data solution by adding full network coverage to its already implemented
monitoring of 3G multimedia data services. This new deal is valued at
approximately $2.5 Million US Dollars, with an expected further expansion
valued at approximately $3 million US Dollars for RADCOM to follow in 2012.
This major deal with Latin America's Tier-1 market leader, which is a
part of the largest mobile telephony group in the South Hemisphere, signifies
another success for RADCOM in this region. RADCOM will deliver a
comprehensive solution for this operator's high-quality network, which
provides data and voice services to more than 50 million subscribers.
"We are delighted that this major operator chose RADCOM's solution again
to monitor their network. Positive experience with RADCOM's current
implementation led this operator to make a long term investment in RADCOM's
solutions. With this continuing deal, the customer showed their vote of
confidence in RADCOM's solution" said David Ripstein, RADCOM's President and
CEO. "Establishing itself as a service assurance solution provider for Tier-1
operators is one of RADCOM's primary aims, and our ability to provide this
operator with a scalable solution confirms our success".
About RADCOM
RADCOM provides innovative service assurance solutions for communications
service providers and equipment vendors. RADCOM specializes in solutions for
next-generation networks, both wireless and wireline. RADCOM's comprehensive,
carrier strength solutions are used to prevent service provider revenue
leakage and enable management of customer care. RADCOM's products facilitate
fault management, network service performance analysis, troubleshooting and
pre-mediation with an OSS/BSS. 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
+972-3-766-8248
eyalh@radcom.com
Source: RADCOM Ltd
.