| Followers | 144 |
| Posts | 27997 |
| Boards Moderated | 4 |
| Alias Born | 02/07/2004 |
Monday, February 13, 2006 10:01:44 AM
Radcom to Dual-List on the Tel Aviv Stock Exchange (TASE)
Improving Share's Accessibility to Israeli Institutional Investors and Mutual Funds
Last Update: 9:33 AM ET Feb 13, 2006
TEL-AVIV, Israel, February 13, 2006 /PRNewswire-FirstCall via COMTEX/ -- RADCOM Ltd. (RADCOM) (RDCM : radcom ltd ord
News , chart, profile, more
Last: 4.33+0.08+1.88% 4.33, +0.08, +1.9%) today announced that it has obtained approval to list its shares on the Tel Aviv Stock Exchange (TASE), and that trading on the TASE will commence on February 20, 2006. RADCOM's shares will continue to be listed on the Nasdaq under the ticker symbol "RDCM," and RADCOM will continue to be subject to all rules and regulations of Nasdaq and the U.S. Securities and Exchange Commission (SEC).
The dual listing follows strong results recorded throughout 2005, marked by 39% growth in revenues compared to 2004 and four consecutive profitable quarters. This performance reflects the emergence of global 3G Cellular and VoIP markets, together with growing recognition by converged service providers that RADCOM's products are critical for achieving quality, profitable services. During 2005, RADCOM achieved strategic wins with Tier-1 and Tier-2 service providers in North America, Europe, Australia and Israel, and stepped up its activities in China to address its emerging 3G marketplace. In 2006, its focus will be to expand on this strong base, building its sales in Europe and the Far East, and capitalizing on its open-platform technology advantage through cooperations with a broad range of applications providers.
Commenting on the news, Mr. Arnon Toussia-Cohen, President and CEO of RADCOM, said, "We are taking this move in light of increased interest in RADCOM as expressed by Israeli investors with the goal of expanding our investor base and raising the daily trading volume and liquidity of our share."
Ronit Harel Ben-Zeev, TASE's Senior VP and Manager of Finance, added, "We are pleased that Radcom has chosen to list its shares for trading on the TASE, the home ground for Israeli companies. We are confident that Radcom, like the other 35 companies that have dual-listed on the TASE, will reap significant benefits from the dual listing, including higher total visibility and the potential for inclusion in prestigious TASE indices."
Since October 2000, approximately 35 companies listed on exchanges outside of Israel have dual listed on the TASE. Additional information about the TASE exchange can be found at www.tase.co.il.
RADCOM develops, manufactures, markets and supports innovative network test and service monitoring solutions for communications service providers and equipment vendors. The company specializes in Next Generation Cellular as well as Voice, Data and Video over IP networks. Its solutions are used in the development and installation of network equipment and in the maintenance of operational networks. The company's products facilitate fault management, network service performance monitoring and analysis, troubleshooting and pre-mediation. For more information, please visit www.RADCOM.com.
Dubi
Improving Share's Accessibility to Israeli Institutional Investors and Mutual Funds
Last Update: 9:33 AM ET Feb 13, 2006
TEL-AVIV, Israel, February 13, 2006 /PRNewswire-FirstCall via COMTEX/ -- RADCOM Ltd. (RADCOM) (RDCM : radcom ltd ord
News , chart, profile, more
Last: 4.33+0.08+1.88% 4.33, +0.08, +1.9%) today announced that it has obtained approval to list its shares on the Tel Aviv Stock Exchange (TASE), and that trading on the TASE will commence on February 20, 2006. RADCOM's shares will continue to be listed on the Nasdaq under the ticker symbol "RDCM," and RADCOM will continue to be subject to all rules and regulations of Nasdaq and the U.S. Securities and Exchange Commission (SEC).
The dual listing follows strong results recorded throughout 2005, marked by 39% growth in revenues compared to 2004 and four consecutive profitable quarters. This performance reflects the emergence of global 3G Cellular and VoIP markets, together with growing recognition by converged service providers that RADCOM's products are critical for achieving quality, profitable services. During 2005, RADCOM achieved strategic wins with Tier-1 and Tier-2 service providers in North America, Europe, Australia and Israel, and stepped up its activities in China to address its emerging 3G marketplace. In 2006, its focus will be to expand on this strong base, building its sales in Europe and the Far East, and capitalizing on its open-platform technology advantage through cooperations with a broad range of applications providers.
Commenting on the news, Mr. Arnon Toussia-Cohen, President and CEO of RADCOM, said, "We are taking this move in light of increased interest in RADCOM as expressed by Israeli investors with the goal of expanding our investor base and raising the daily trading volume and liquidity of our share."
Ronit Harel Ben-Zeev, TASE's Senior VP and Manager of Finance, added, "We are pleased that Radcom has chosen to list its shares for trading on the TASE, the home ground for Israeli companies. We are confident that Radcom, like the other 35 companies that have dual-listed on the TASE, will reap significant benefits from the dual listing, including higher total visibility and the potential for inclusion in prestigious TASE indices."
Since October 2000, approximately 35 companies listed on exchanges outside of Israel have dual listed on the TASE. Additional information about the TASE exchange can be found at www.tase.co.il.
RADCOM develops, manufactures, markets and supports innovative network test and service monitoring solutions for communications service providers and equipment vendors. The company specializes in Next Generation Cellular as well as Voice, Data and Video over IP networks. Its solutions are used in the development and installation of network equipment and in the maintenance of operational networks. The company's products facilitate fault management, network service performance monitoring and analysis, troubleshooting and pre-mediation. For more information, please visit www.RADCOM.com.
Dubi
Recent RVSN News
- Rail Vision Announces Second Half and Full Year 2025 Financial Results • GlobeNewswire Inc. • 03/31/2026 08:02:00 PM
- Rail Vision’s Ordinary Shares Commenced Trading on the Frankfurt Stock Exchange • GlobeNewswire Inc. • 03/24/2026 12:41:00 PM
- Rail Vision’s MainLine System Delivers Strong Performance in India, Supporting Potential Deployment Opportunities • GlobeNewswire Inc. • 03/16/2026 12:41:00 PM
- IBN Announces Latest Episode of The TechMediaWire Podcast featuring David BenDavid, CEO of Rail Vision Ltd. • GlobeNewswire Inc. • 02/24/2026 01:00:00 PM
- Rail Vision: Quantum Transportation Advancing Toward Quantum Hardware Integration • GlobeNewswire Inc. • 02/24/2026 12:22:00 PM
- Rail Vision Regains Compliance with Nasdaq Minimum Bid Price Requirement • GlobeNewswire Inc. • 02/23/2026 12:15:00 PM
- Rail Vision shares surge on majority acquisition of quantum AI firm • IH Market News • 02/11/2026 03:39:24 PM
- Rail Vision CEO: Concluding 2025 with a Strong Cash Position, Zero Debt, Commercialization Gains, Global Expansion and Powerful Partnerships. Quantum Rail Innovation Ahead • GlobeNewswire Inc. • 02/11/2026 12:32:00 PM
- Rail Vision Advances Strategic Collaboration with Israel Railways Cargo Division • GlobeNewswire Inc. • 02/06/2026 01:32:00 PM
- Rail Vision: Quantum Transportation Unveils Transformer Neural Decoder That Outperforms Classical QEC Algorithms in Simulations • GlobeNewswire Inc. • 02/05/2026 01:28:00 PM
- Rail Vision: Quantum Transportation Delivers First Transformer-Based Neural Decoder for Universal Quantum Error Correction • GlobeNewswire Inc. • 01/15/2026 01:42:00 PM
- IBN Initiates Coverage of Rail Vision Ltd. • GlobeNewswire Inc. • 01/15/2026 01:30:00 PM
- Rail Vision Successfully Completes Strategic Acquisition of Majority Stake in Cutting-Edge Quantum Computing Company for Transportation • GlobeNewswire Inc. • 01/14/2026 12:55:00 PM
- Rail Vision Advances Indian Market Entry with Demonstration for Senior Governmental Officials from Multiple Government Departments • GlobeNewswire Inc. • 01/06/2026 12:32:00 PM
- Rail Vision Granted Key Patent in Europe for Advanced AI-Based Railway Collision Avoidance System • GlobeNewswire Inc. • 12/15/2025 01:32:00 PM
- Rail Vision: Quantum AI Powers Next-Gen Rail Safety Breakthroughs • GlobeNewswire Inc. • 12/12/2025 01:37:00 PM
- Rail Vision Enters the Quantum Transportation Market with Strategic Acquisition Agreement • GlobeNewswire Inc. • 12/01/2025 01:19:00 PM
- Rail Vision to Present at the LD Micro Main Event XIX • Newsfile • 10/15/2025 01:00:00 PM
- Rail Vision shares jump on strategic move into quantum computing • IH Market News • 10/09/2025 12:54:52 PM
- Rail Vision Signs Term Sheet to Boost Growth with Advanced AI Acquisition of 51% Stake in Quantum Transportation • GlobeNewswire Inc. • 10/09/2025 10:55:00 AM
- Rail Vision Signs Term Sheet to Acquire 51% Stake in Quantum Computing AI Company for the Transportation Industry • GlobeNewswire Inc. • 09/30/2025 11:26:00 AM
- Rail Vision Granted 180-Day Extension by Nasdaq to Regain Compliance with Minimum Bid Requirement • GlobeNewswire Inc. • 09/03/2025 08:15:00 PM
- Rail Vision Announces First Half 2025 Financial Results • GlobeNewswire Inc. • 08/22/2025 08:15:00 PM
- Rail Vision Receives European Patent for Innovative Locomotive Imaging Technology • GlobeNewswire Inc. • 08/11/2025 11:32:00 AM
- Rail Vision Secures $335,000 Follow-On Order from Major Latin American Mining Company After Successful Trial • GlobeNewswire Inc. • 06/03/2025 11:32:00 AM
