Major European Operator Purchases RADCOM's Omni-Q for Monitoring Quality of Service of Their UMTS Network
TEL AVIV, Israel, April 28, 2010 /PRNewswire-FirstCall/ -- RADCOM Ltd. (NASDAQ: RDCM) today announced that a major operator in Central Europe, a member of a leading telecommunications group, purchased RADCOM's Mobile Data Broadband Monitoring System to provide Quality of Service monitoring for their UMTS network. The initial order is for approximately $1 million.
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With today's data intensive networks, mobile broadband data services are a major source of revenue for operators such as this operator. Consequently, a high level of Quality of Service is necessary to retain customers and prevent churn. RADCOM's system is essential to them to assure Quality of Service and retain customers.
In addition, this service provider also purchased applications from RADCOM's Service Assurance Application suite to optimize customer care and monitor VIP service level agreements. RADCOM's ability to present the service provider with the real customer experience, using the wide range of powerful customizable reports available to provide a display according to the service provider's requirements, was a major contributor to the success of the deal.
"Once again, RADCOM's customer oriented strategy paid off." said Adar Eyal - RADCOM's VP European Sales and Worldwide Strategic Alliances. "We believe that RADCOM's clear product advantage and attractive solution is the answer to the mobile data broadband Quality of Service assurance requirements of such operators. We trust that this sale to a member of this major group will open new horizons for us."
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 the Company 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 the Company'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 the Company's business, reference is made to the Company's reports filed from time to time with the United States Securities and Exchange Commission. The Company 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 [email protected]
SOURCE RADCOM Ltd
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