TEL AVIV, Israel, June 20, 2016 /PRNewswire/ --
RADCOM Ltd (NASDAQ: RDCM), today announced that It has
appointed Ran Vered, previously Head of Finance of Amdocs'
$500 million EMEA Division, to serve
as its new CFO, effective immediately. Ran comes to RADCOM with
over ten years experience working in the telecommunications
industry with top-tier telecom operators, bringing expertise in the
financial management of global organizations and a successful track
record of leading transformational change focused on growth. In
addition, Ran was co-founder and CFO of an investment fund, an
activity which gave him a deep understanding of the investment
community.
"I am excited to bring Ran to RADCOM with full confidence in his
ability to lead the many processes that we will be undertaking as
we crank up our business to the next level," commented Yaron
Ravkaie, RADCOM's CEO. "I have great respect for Ran's capabilities
- especially for the knowledge, judgement and creativity with which
he manages the financial interface between technology providers and
top-tier customers. These skills will be indispensable to RADCOM's
success, as we move forward. With Ran joining our management team,
RADCOM is now positioned with the strong, experienced leadership we
need to carry out our strategies for scaling up our business."
"I can't imagine a more exciting time to join RADCOM, a company
with an exciting first-mover product on the cusp of a major growth
trajectory," commented Ran Vered. "I'm delighted to be joining such
an excellent team and am fully-focused on growing the business to
achieve its potential."
Ran Vered joins RADCOM after working as the Head of Finance for
Amdocs' EMEA Division from 2011-2016. Before 2011, Ran held various
financial roles at Amdocs, was co-founder and CFO of an investment
fund and served as an auditor for KPMG. Ran holds an MBA in Finance
from Tel Aviv University and a BB in
Business Administration and Accounting from the College of
Management, and is certified in Israel as a CPA.
RADCOM's outgoing Chief Financial Officer, Uri Birenberg, will remain at the company during
the next few months to help ensure a smooth transition.
"I would like to thank Uri for his many contributions to the
Company during its transformation over the last few years and wish
him every success in the future," said Yaron Ravkaie, RADCOM's
CEO.
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.
Forward-Looking Statements
This press release contains forward-looking statements within
the meaning of the "safe harbor" provisions of the Private
Securities Litigation Reform Act of 1995 and other Federal
securities laws. Because such statements deal with future events
and are based on RADCOM's current expectations, they are subject to
various risks and uncertainties and actual results, performance or
achievements of RADCOM could differ materially from those described
in or implied by the statements in this press release. Except as
otherwise required by law, RADCOM disclaims any intention or
obligation to update or revise any forward-looking statements,
which speak only as of the date they were made, whether as a result
of new information, future events or circumstances or
otherwise.
For all investor enquiries, please contact:
Ran Vered
CFO
+972-77-774-5011
ranv@radcom.com
For all media enquiries, please contact:
Mark Rolston
Marketing Manager
+972-77-774-5036
markr@radcom.com
SOURCE RADCOM Ltd