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RADCOM Closes a $2.2 Million Deal for Mobile Data Monitoring and LTE
TEL AVIV, Israel, February 20, 2013 /PRNewswire/ --
RADCOM Ltd. (NASDAQ: RDCM), a leading service assurance provider, recently expanded
its coverage of the mobile data network of one of its customers, a major South American
cellular operator, to provide service assurance for new sites and speeds that this
customer is offering. RADCOM is already monitoring this customer's mobile data and SS7
network, and this $2.2 million deal is the third expansion of RADCOM's deployment for this
operator.
Mobile data subscribers are constantly demanding more bandwidth and services, forcing
operators to constantly expand their networks by adding capacity to meet these demands.
Each time this satisfied RADCOM customer expanded their network, they expanded the
deployment of RADCOM's Service Assurance solution accordingly, with RADCOM currently
monitoring over 100 Gbps. After this current expansion, RADCOM now covers the service
provider's LTE domain.
"We are happy to be a partner with this mobile operator," said Ronen Hovav, RADCOM's
VP Sales, Global Accounts. "As a long time customer of RADCOM they are constantly finding
more ways that the Omni-Q Service Assurance solution for mobile data can help them
optimize their network deployment and increase their revenue."
About RADCOM
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 VoIP and
LTE 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
eyalh@radcom.com
RADCOM Ltd
RADCOM Closes a $2.2 Million Deal for Mobile Data Monitoring and LTE
TEL AVIV, Israel, February 20, 2013 /PRNewswire/ --
RADCOM Ltd. (NASDAQ: RDCM), a leading service assurance provider, recently expanded
its coverage of the mobile data network of one of its customers, a major South American
cellular operator, to provide service assurance for new sites and speeds that this
customer is offering. RADCOM is already monitoring this customer's mobile data and SS7
network, and this $2.2 million deal is the third expansion of RADCOM's deployment for this
operator.
Mobile data subscribers are constantly demanding more bandwidth and services, forcing
operators to constantly expand their networks by adding capacity to meet these demands.
Each time this satisfied RADCOM customer expanded their network, they expanded the
deployment of RADCOM's Service Assurance solution accordingly, with RADCOM currently
monitoring over 100 Gbps. After this current expansion, RADCOM now covers the service
provider's LTE domain.
"We are happy to be a partner with this mobile operator," said Ronen Hovav, RADCOM's
VP Sales, Global Accounts. "As a long time customer of RADCOM they are constantly finding
more ways that the Omni-Q Service Assurance solution for mobile data can help them
optimize their network deployment and increase their revenue."
About RADCOM
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 VoIP and
LTE 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
eyalh@radcom.com
RADCOM Ltd