RADCOM Closes Public Offering of Ordinary Shares

Over-Allotment Option Exercised in Full

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May 25, 2016, 01:55 ET

TEL AVIV, Israel, May 25, 2016 /PRNewswire/ --

RADCOM Ltd. (NASDAQ: RDCM), a leading provider of NFV-ready service assurance and customer experience management solutions for Communications Service Providers (CSPs), announced the closing of its previously announced underwritten public offering of 2,090,909 ordinary shares, including shares issued pursuant to the underwriters' over-allotment option, at an offering price of $11.00 per share. Gross proceeds from the offering including from the exercise of the over-allotment option amount to $23 million, before underwriting discounts and commissions and other offering expenses.

In connection with the offering, William Blair & Company, L.L.C. acted as the sole book-running manager and Needham & Company, LLC acted as the lead manager.

This offering was made pursuant to an effective "shelf" registration statement on Form F-3 (File No. 333-210448) declared effective by the Securities and Exchange Commission (SEC) on May 4, 2016.

A prospectus supplement relating to the offering, dated May 20, 2016, was filed with the SEC. A copy of the prospectus supplement and accompanying base prospectus may be obtained by contacting William Blair & Company, L.L.C. at 222 West Adams Street, Chicago, IL 60606, Attention: Prospectus Department, by telephone at (800) 621-0687, or by email at [email protected]. Electronic copies of the prospectus supplement and accompanying base prospectus are also available on the SEC's website at http://www.sec.gov.

This press release shall not constitute an offer to sell or the solicitation of an offer to buy any securities nor will there be any sale of these securities in any state or other jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or other jurisdiction.

About RADCOM

RADCOM (NASDAQ: RDCM) is a first-mover and leading provider of NFV-ready service assurance and customer experience management solutions for Communications Service Providers (CSPs). RADCOM's software - MaveriQ - continuously monitors network performance and quality of services, to optimize user experience for CSPs' subscribers. RADCOM specializes in solutions for next-generation mobile and fixed networks, including LTE, VoLTE, IMS and others. MaveriQ enables CSPs to smoothly migrate their networks to NFV by assuring physical, NFV-based and hybrid networks. For more information, please visit http://www.radcom.com , the content of which is not incorporated by reference into this press release.

Contact:
Uri Birenberg, CFO
+972-77-774-5060
[email protected]

SOURCE RADCOM Ltd