RAD Data Communications wins AICC award
RAD received the “Deal of the Year” award together with its partner Bell South for their work on the restoration of broadband communications in New Orleans, following the devastation of Hurricane Katrina.
Ran Dagoni, Washington 7 Jun 06 15:53
RAD Data Communications Ltd., controlled by Zohar Zisapel, and its partner, BellSouth (NYSE: BLS), have won the American-Israel Chamber of Commerce (AICC) “Deal of the Year” award at yesterday’s Eagle Star Awards Gala for their work on the restoration of broadband communications in New Orleans, following the devastation of Hurricane Katrina.
In a competitive environment, RAD was awarded a contract with BellSouth to replace an existing router product that was successfully utilized in providing wireless broadband service to restore data communications to New Orleans immediately following the devastation of Hurricane Katrina last year. Three wireless base stations were installed on the city’s tallest building to provide high-speed internet access, allowing businesses to communicate with their customers and other companies.
TesCom Software Systems Testing Ltd. (TASE:TSCM; AIM:TSCM) won AICC’s Israeli company of the year award. Tescom held an IPO on the Tel Aviv Stock Exchange (TASE) in 2004 and then made a further share offering on London’s Alternative Investment Market (AIM) in the following year.
Managed by an Israeli and American team, the company US headquarters are in Atlanta, Georgia, from where it serves leading clients in the South East, among them parcel delivery company United Parcel Service Inc. (NYSE: UPS), The Center for Disease Control (CDC), City of Atlanta, and the Georgia Department of Transportation. AICC South Eastern Region president Tom Glaser told “Globes” that, in recent years, Atlanta has become one of the largest technology centers in the US, and a focal point for many Israeli companies, which chose it as their base for operations in North America.
ISV Alliances & GTM vice president Mark L. Hanny, who oversees IBM’s Global Technology Unit in Israel was the keynote speaker at the ceremony. He said that IBM’s management had already identified the Israeli technology market as one of the foundations of the company’s strategy. He stressed that Israeli companies had influenced the multi billion dollar global information technology market, and contributed to the creation of its revenue. Almost 90% of the influence generated by Israeli technology is felt outside Israel, he claimed.
Hanny added that 2000 high-tech companies operate in Israel, including start-ups, and that in absolute terms, only the US has more companies. Israel is second only to the US in the number of Nasdaq-listed companies and it is no coincidence that more 70 venture capital firms have offices in Israel.
Published by Globes [online], Israel business news - www.globes.co.il - on June 7, 2006
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