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Last Post: 10/24/2016 12:15:07 PM - Followers: 4 - 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 to Report Fourth Quarter and Full Year 2019 Results on Thursday, February 13, 2020 01/15/2020 07:00:00 AM
RDCM News: Report of Foreign Issuer (6-k) 01/07/2020 08:27:12 AM
RDCM News: RADCOM Announces the Promotion of Hilik Itman to Chief Operating Officer 01/07/2020 07:00:00 AM
RDCM News: RADCOM to Present at Needham's 22nd Annual Growth Conference 01/02/2020 07:00:00 AM
RDCM News: Report of Foreign Issuer (6-k) 11/07/2019 08:01:05 AM
#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