EX-99.1 2 v082463_ex99-1.htm Unassociated Document
 
 
 



Contact:
Jonathan Burgin
CFO
(972) 3-645-5004
jonathanb@radcom.com
 
FOR IMMEDIATE RELEASE

RADCOM RECEIVES NASDAQ STAFF LETTER
 

TEL-AVIV, Israel - July 31, 2007-- RADCOM Ltd. (RADCOM) (NASDAQ and TASE: RDCM) today announced that it received a Nasdaq Staff Deficiency Letter on July 25, 2007 indicating that, according to the Company’s financial statements for the second quarter of 2007, RADCOM no longer complies with the minimum $10 million shareholders’ equity requirement for continued listing on The Nasdaq Global Market as set forth in Marketplace Rule 4450(a)(3).

The Company intends to supply information to Nasdaq and to take other actions with the goal of enabling it to continue to be listed on The Nasdaq Global Market. However, if the Company’s ordinary shares are ultimately delisted from The Nasdaq Global Market, the Company intends to apply to list its ordinary shares on the Nasdaq Capital Market.

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About RADCOM
 
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. RADCOM's shares are listed on both the Nasdaq Global Market and the Tel Aviv Stock Exchange under the symbol RDCM. For more information, please visit www.RADCOM.com.
 
Risks Regarding Forward-Looking Statements
 
Certain statements made herein that use the words “estimate,” “project,” “intend,” “expect,” “'believe” and similar expressions are intended to identify forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements involve known and unknown risks and uncertainties that could cause the actual results, performance or achievements of the Company to be materially different from those that may be expressed or implied by such statements, including, among others, changes in general economic and business conditions and specifically, decline in the demand for the Company’s products, inability to timely develop and introduce new technologies, products and applications, and loss of market share and pressure on prices resulting from competition. For additional information regarding these and other risks and uncertainties associated with the Company’s business, reference is made to the Company’s reports filed from time to time with the United States Securities and Exchange Commission. The Company does not undertake to revise or update any forward-looking statements for any reason.