RADCOM's Omni-Q Service Assurance Solutions Penetrate Africa's Leading Telecom Provider
TEL AVIV, Israel, February 7, 2011 /PRNewswire-FirstCall/ -- RADCOM Ltd. (RADCOM) (NASDAQ: RDCM) a leading provider of service assurance solutions, announced today that MTN, a leading Pan-African Tier-I mobile operator, has chosen RADCOM's Omni-Q Service Assurance solution to monitor one of MTN's mobile networks in East Africa. This marks RADCOM's first step into the prestigious circle of leading African telecommunications service providers.
The African telecom market is a growing market with a great need for products similar to those that RADCOM provides. The unique nature of Africa means that mobile phones are one of the most important technologies in the area, and their use and that of data services is widespread and rapidly growing. RADCOM is uniquely positioned to tap in to this potential, and provide service assurance solutions to this market. RADCOM is hopeful that its large customer base of satisfied customers in the service assurance market and its experience in the mobile market will lead to more successful deals in this region.
"We are very satisfied that MTN has decided that RADCOM's excellent technological know-how and wide experience in the field of mobile data monitoring could provide MTN with an ideal solution," said Gal Haselkorn, RADCOM's Executive Vice President, Sales and President of RADCOM Inc. "We hope that this deal will be the first of many deals with the MTN group in additional African countries, thus enabling RADCOM to significantly expand its business in this fast developing market."
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
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