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Last Post: 10/24/2016 12:15:07 PM - Followers: 5 - Board type: Free - Posts Today: 0
(COMTEX) B: RADCOM to Complete Repayment of Plenus Loan Seven Months Early
( PR Newswire )
B: RADCOM to Complete Repayment of Plenus Loan Seven Months Early ( PR Newswire
)

TEL-AVIV, Israel, September 7, 2010 /PRNewswire via COMTEX/ --
RADCOM Ltd.
(RADCOM) (NASDAQ: RDCM), a leading network service assurance provider, today
announced that it has repaid the remainder of its outstanding debt to the
Plenus Venture Lending Fund, seven months in advance of its April 15, 2011
scheduled maturity date. The original credit facility was for $2.5 million.

(Logo: http://www.newscom.com/cgi-bin/prnh/20090331/342930 )

"Our repayment of the Plenus loan is a satisfying milestone - a concrete
demonstration of the turnaround that we have achieved over the past two
years," commented Mr. David Ripstein, RADCOM's President and CEO. "When we
closed the loan with Plenus in 2008, we thanked its management for its
confidence, and asserted that our strategy, technology and team would create
significant growth over the long term.

"Now, we are delivering on that promise. Our rise in revenues and return
to profitability are being driven by one of the strongest trends in today's
recovering telecommunications industry: the huge volumes of network traffic
being created by smart phone devices, like the iPhone and Blackberry, and the
service quality challenges that they are creating. Our current products
provide an effective solution to many aspects of the problem, and we are
planning to roll out new solutions that address even more of the operators'
quality challenges."

Mr. Ripstein concluded, "Over two years ago, Plenus took a chance on us,
and we are proud that its wager has paid off. With a growing market,
excellent solutions and a motivated team, we pledge to continue moving
forward with the goal of creating additional value for all our shareholders."

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.
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RDCM News: RADCOM Joins Global Community of Service Providers and Vendors to Advance Adoption of NFV 11/28/2016 07:00:00 AM
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RDCM News: Report of Foreign Issuer (6-k) 11/01/2016 12:33:57 PM
RDCM News: RADCOM Reports Third Quarter 2016 Financial Results 11/01/2016 07:00:00 AM
RDCM News: RADCOM to PRESENT at the Needham Next-Gen Storage Networking Conference 10/20/2016 07:00:00 AM
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#24   Needham & Company reiterated a Buy rating on Mitshu35 10/24/16 12:15:06 PM
#23   Radcom Ltd. (NASDAQ:RDCM) had its price objective boosted Mitshu35 10/24/16 10:53:56 AM
#22   Needham & Company analyst, Alex Henderson reiterated his Mitshu35 10/10/16 11:33:09 AM
#21   9/26/2016 Needham & Company LLC Mitshu35 09/26/16 11:38:23 AM
#20   A couple of recent SA articles should get Mitshu35 08/26/16 02:53:38 PM
#19   Hard to believe there are Danni 01/22/16 03:47:30 PM
#18   Danni 01/09/16 09:00:36 AM
#17   Buyout imminent ? More and more articles seems Poupitz 10/12/15 02:01:57 AM
#16   $RDCM DD Notes ~ http://www.ddnotesmaker.com/RDCM stocktrademan 12/28/14 01:14:26 PM
#15   $RDCM DD Notes ~ http://www.ddnotesmaker.com/RDCM stocktrademan 11/27/14 05:05:08 PM
#14   Today we got down near $4 and then Calm68 11/01/13 12:53:51 AM
#13   Announcement of expanded contract with China Telcom http://finance.yahoo.com/ne Calm68 10/29/13 08:15:26 PM
#12   Post the earnings report looks like the price Calm68 10/24/13 11:49:58 PM
#11   3Q Earnings Transcript: http://seekingalpha.com/article/1764072-radcoms-ceo-dis Calm68 10/23/13 01:58:57 PM
#10   Ok. So the quarter and report wasn't as Calm68 10/23/13 01:21:38 PM
#9   Hoping for a solid or better than solid Calm68 10/23/13 01:46:27 AM
#8   I'm interested in RDCM as a medium to Calm68 10/21/13 09:52:20 PM
#7   <<< $RDCM Links! >>> ~ MAC's Quick DD Penny Roger$ 04/23/12 08:11:45 AM
#6   ~ Monday! $RDCM ~ Q1 Earnings posted, pending Penny Roger$ 04/23/12 08:11:29 AM
#5   ~ $RDCM ~ Earnings posted, pending or coming Penny Roger$ 02/03/12 05:22:23 AM
#4   alive and doing well barchart has this as stockguy1234 08/01/11 05:41:28 PM
#3   the beast is alive and well Tahoe Bear 02/10/11 04:14:05 AM
#2   ...wow Mr Rollup 09/09/10 10:54:15 AM
#1   Awesome run... Weeee! brig 09/08/10 05:02:29 PM
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