RADCOM Ltd. is a company that is starting to capture the attention of investors across the globe. Located in Tel Aviv, Israel, RADCOM develops, manufactures, markets and supports innovative network test and service monitoring solutions for communications service providers and equipment vendors. Today, RADCOM announced a $1.5 million dollar expansion with a major international operator.
This operator has been using the company’s OmniQ solution for NGN during the past year. Based upon the high-level of success provided by the solution, the operator decided to expand their RADCOM deployment.
Service providers around the world seem to all be moving to NGN and VoIP in order to provide the new services demanded in today’s business climate. This movement is helping both small and big businesses increase revenues while reducing their expenses.
One of the leaders at RADCOM is Mr. Yehiel Keren whom serves as the company’s VP of Professional Services and accounts. In reference to this press release, Mr. Keren stated, “We are delighted with the confidence that this major operator has shown in RADCOM. It emphasizes the market’s growing need for service assurance solutions, and the recognized high quality of RADCOM’s solutions.”
Currently, RADCOM is trading in the $5.30 range. To learn more about the company as a whole, visit their corporate website at www.RADCOM.com