Premier Operator in Brazil Selects RADCOM's NGN Solution
RADCOM Continues Success in Brazil
TEL AVIV, Israel, February 22, 2011 /PRNewswire-FirstCall/ -- RADCOM Ltd. (NASDAQ: RDCM) a leading Service Assurance provider, today announced that a Tier-1 operator in Brazil has selected RADCOM's Service Assurance Solution to monitor their NGN network (Next Generation Network). This deal is valued at $2 million US dollars.
This major operator in Brazil purchased RADCOM's solution for their largest NGN and SS7 over IP network. As a member of a world-leading group in the telecommunications sector, this operator chose RADCOM both because of its technological expertise, which included experience with NGN and SS7, as well as because of their understanding that RADCOM could serve as a strategic business partner.
"This order from such a major operator is an important addition to a series of orders, and demonstrates that RADCOM is becoming an established presence in Brazil," said Ronen Hovav, RADCOM's VP Sales Global Accounts. "Our experience and previous successes in the Brazilian market as well as our solution's scalability, which is mandatory to Tier-1 organizations, were major factors in making this deal."
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 [email protected]
SOURCE RADCOM Ltd
WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM?
Newsrooms &
Influencers
Digital Media
Outlets
Journalists
Opted In
Share this article