TEL AVIV, Israel, November 28, 2011 /PRNewswire/ --
RADCOM Ltd. (NASDAQ: RDCM) a leading network Service Assurance provider, today announced an expansion of a transaction with a major operator in APAC, a member of an international telephony group. This expansion order was received a short time after the successful deployment of the initial system ordered from RADCOM. The contract expansion is valued at $1.25 million dollars.
The Mobile Broadband market is rapidly expanding. As more and more customers use sophisticated devices such as tablets, Smartphones, 3G data card and notebooks, the demands for bandwidth rises. There is an exponential growth in the use of smartphone users in this operator's network, with extremely high bandwidth usage. Consequently, this satisfied RADCOM customer chose to expand their deployment of RADCOM's Customer Experience Management Solution in order to continue to deliver a high level of customer service in this challenging network environment. Using RADCOM's scalable solution they expect to be able to meet both today's bandwidth demands, as well as those of the future.
"We are excited to continue to provide Customer Experience Management solutions to this satisfied customer." said Yoram Sherman RADCOM's VP Sales Asia-Pacific. "Once again, this expansion has proved that our customers are satisfied with RADCOM's solution for data-heavy networks with high bandwidth usage, as yet another customer returns to RADCOM for additional purchases of our solutions."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 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 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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