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TEL AVIV, Israel,
September 12, 2011 /PRNewswire/ --
RADCOM Ltd. (NASDAQ: RDCM) a leading network service assurance provider, today announced that it has received additional orders totaling approximately
$US 6.5 million from one of
Latin America's major multinational mobile telecommunications groups. These orders were placed by several of the group's regional operators.
RADCOM's rising business from this group reflects the customer's decision to standardize on RADCOM's advanced Omni-Q as a comprehensive solution for controlling many aspects of service quality. This deal is an integral part of RADCOM's strategy of building relationships with multi-national telecommunications groups that can implement RADCOM's unique tools across their operators. Since this operator is one of the most advanced operators in
Latin America, RADCOM's comprehensive offering is ideal for them, as RADCOM can provide one platform for all technologies on their network. RADCOM's focused offerings for cross-national operators, such as interconnection management and roaming analysis were significant features in this operator's decision to choose RADCOM as the preferred solution.
"This strategic deal by this multi-national group improves our visibility, making us even more confident in our product and marketing strategy," commented Mr.
David Ripstein, RADCOM's President and CEO. "These deals confirm that we are well positioned with the right technology, in a high-potential market."
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 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
Risks Regarding Forward-Looking Statements