TEL AVIV, Israel, January 5, 2015 /PRNewswire/ --
RADCOM Ltd. (NASDAQ: RDCM) a leading provider of customer
experience solutions, today announced that a Tier 1 service
provider in South America, ordered
a MaveriQ-based system in an order of slightly above $4 million in December
2014, to expand its existing RADCOM deployment.
This repeat sale to a Tier 1 operator demonstrates RADCOM's
accelerating momentum in South
America, and the suitability of its unique MaveriQ
software-based solutions for the region's rapidly-expanding mobile
and NGN networks. The MaveriQ's capability to be deployed quickly
enables major South American operators to roll out new network
sites at top speed with assurance that a full-featured, customer
experience monitoring and troubleshooting solution is in place from
the network's first minutes "live".
This customer started off with RADCOM's Omni-Q, and was then one
of the first customers to move on and install the full MaveriQ
solution. This operator has both fixed and mobile networks, and
implementation of the same tool across all segments of their
enterprise is a major advantage for them. After seeing its success,
they are now expanding their RADCOM MaveriQ deployment, showing
their confidence in our tool.
"Our accelerating sales momentum confirms that RADCOM's MaveriQ
is ideal for today's high speed, fast expanding networks", said Mr.
Eyal Harari RADCOM's VP Products and Marketing. "This repeat deal
is a vote of confidence in the software-based MaveriQ solution. We
are happy to see more and more Tier1 operators taking advantage of
RADCOM's powerful offering."
About RADCOM
RADCOM provides innovative service assurance and customer
experience management solutions for leading telecom operators and
communications service providers. RADCOM specializes in solutions
for next-generation mobile and fixed networks, including
LTE, VoLTE, IMS, VoIP, UMTS/GSM and mobile broadband. RADCOM's
comprehensive, carrier-grade solutions are designed for big data
analytics on terabit networks, and are used to prevent service
provider revenue leakage and to enhance customer care management.
RADCOM's products interact with policy management to provide
self-optimizing network solutions. 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
+972-77-774-5030
eyalh@radcom.com
SOURCE RADCOM Ltd