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<SEC-DOCUMENT>0001178913-09-002630.txt : 20091104
<SEC-HEADER>0001178913-09-002630.hdr.sgml : 20091104
<ACCEPTANCE-DATETIME>20091104120852
ACCESSION NUMBER:		0001178913-09-002630
CONFORMED SUBMISSION TYPE:	6-K
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	20091104
FILED AS OF DATE:		20091104
DATE AS OF CHANGE:		20091104

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			RADCOM LTD
		CENTRAL INDEX KEY:			0001016838
		STANDARD INDUSTRIAL CLASSIFICATION:	COMPUTER PERIPHERAL EQUIPMENT, NEC [3577]
		IRS NUMBER:				000000000
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		6-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-29452
		FILM NUMBER:		091156866

	BUSINESS ADDRESS:	
		STREET 1:		24 RAOUL WALLENBERG STREET
		CITY:			TEL AVIV
		STATE:			L3
		ZIP:			69719
		BUSINESS PHONE:		2123108007

	MAIL ADDRESS:	
		STREET 1:		26 RAOUL WALLENBERG STREET
		STREET 2:		TEL AVIV 69719
		CITY:			ISREAL
		STATE:			L3
		ZIP:			00000
</SEC-HEADER>
<DOCUMENT>
<TYPE>6-K
<SEQUENCE>1
<FILENAME>zk97446.htm
<TEXT>
<HTML>
<HEAD>
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     <!-- Project:        \\Backup\edgar filing\RadCom Ltd\97446\a97446.eep                -->
     <!-- Control Number: 97446                                                            -->
     <!-- Rev Number:     1                                                                -->
     <!-- Client Name:    RadCom Ltd                                                       -->
     <!-- Project Name:   6-K                                                              -->
     <!-- Firm Name:      Zadok-Keinan Ltd                                                 -->
     <TITLE>6-K</TITLE>
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<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=4>FORM 6-K </FONT></H1>

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<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=4>SECURITIES AND
EXCHANGE COMMISSION </FONT><BR>
<FONT FACE="Times New Roman, Times, Serif" SIZE=2>Washington D.C. 20549 </FONT></H1>

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<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Report of Foreign
Private Issuer </FONT></P>

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<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Pursuant to Rule 13a-16
or 15d-16 of </FONT><BR>
<FONT FACE="Times New Roman, Times, Serif" SIZE=2>The Securities Exchange Act
of 1934 </FONT></P>

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<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>November 4, 2009 </FONT></P>

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<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Commission File Number:
0-29452 </FONT></P>

<!-- MARKER FORMAT-SHEET="Head Major Center Bold-TNR" FSL="Workstation" -->
<p ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE="5"><B>RADCOM LTD.</B> </FONT><BR>
<FONT FACE="Times New Roman, Times, Serif" SIZE=2>(Translation of Registrant&#146;s Name into English) </FONT></P>

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<p ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE="2"><B>24 Raoul Wallenberg
Street, Tel Aviv 69719, Israel</B> </FONT><BR>
<FONT FACE="Times New Roman, Times, Serif" SIZE=2>(Address of Principal
Executive Offices) </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Indicate by check mark whether the
registrant files or will file annual reports under cover Form 20-F or Form 40-F: </FONT></P>

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<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2> Form 20-F <FONT size="3" face="Wingdings">x
</font> Form:40-F <FONT size="3" face="Wingdings">o
</font></FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Indicate by check mark if the
registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): N/A </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Indicate by check mark if the registrant
is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): N/A </FONT></P>

<!-- MARKER FORMAT-SHEET="Para Flush Lv 0-TNR" FSL="Workstation" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Indicate by check mark whether by
furnishing the information contained in this Form, the registrant is also thereby
furnishing the information to the Commission pursuant to <U>Rule 12g3-2(b)</U> under the
Securities Exchange Act of 1934: </FONT></P>

<!-- MARKER FORMAT-SHEET="Head Left-TNR" FSL="Workstation" -->
<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2> Yes <FONT size="3" face="Wingdings">o
</font> No <FONT size="3" face="Wingdings">x
</font> </FONT></P>

<!-- MARKER FORMAT-SHEET="Para Flush Lv 0-TNR" FSL="Workstation" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>If &#147;Yes&#148; is marked,
indicate below the file number assigned to the registrant in connection with <U>Rule
12g3-2(b)</U>: <U>82- N/A</U> </FONT></P>

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<font size=2></font></p>
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<HR SIZE="4" NOSHADE  STYLE="margin-top: -10px">
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<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>CONTENTS </FONT></H1>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>This report on Form 6-K of Radcom
consists of the following documents, which are attached hereto and incorporated by
reference herein: </FONT></P>

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<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2><B>1.</B> </FONT></TD>
<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Press
Release: <B>Notice of 2009 Annual General Meeting of Shareholders</B></FONT></TD>
</TR>
</TABLE>
<BR>

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<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>SIGNATURES </FONT></H1>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Pursuant to the requirements of the
Securities Exchange Act 1934, the registrant has duly caused this report to be signed on
its behalf by the undersigned, thereunto duly authorized. </FONT></P>

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<TD WIDTH=40%><FONT FACE="Times New Roman, Times, Serif" SIZE=2><BR><BR><BR>Dated: November 4, 2009 </FONT></TD>
<TD WIDTH=10%><FONT FACE="Times New Roman, Times, Serif" SIZE=2></FONT></TD>
<TD WIDTH=50%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Radcom Ltd.<BR>(Registrant)<BR>
<BR>By: /s/ Jonathan Burgin<BR>&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;<BR>
Jonathan Burgin<BR>Chief Financial Officer</FONT></TD>
</TR>
</TABLE>
<BR>


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<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>EXHIBITS INDEX </FONT></H1>


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<TD WIDTH=20%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Exhibit Number </FONT></TD>
<TD WIDTH=80%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
     Description of Exhibits </FONT></TD>
</TR>
</TABLE>
<BR>

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<TD WIDTH=20%><FONT FACE="Times New Roman, Times, Serif" SIZE=2><B>99.1.</B>    </FONT></TD>
<TD WIDTH=80%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>        Press Release: <B>Notice of 2009 Annual General Meeting of Shareholders</B></FONT></TD>
</TR>
</TABLE>
<BR>

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<DOCUMENT>
<TYPE>EX-99
<SEQUENCE>2
<FILENAME>exhibit_99-1.htm
<TEXT>
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     <!-- Created by EDGAR Ease Plus (EDGAR Ease+) -->
     <!-- Project:        \\Backup\edgar filing\RadCom Ltd\97446\a97446.eep                -->
     <!-- Control Number: 97446                                                            -->
     <!-- Rev Number:     1                                                                -->
     <!-- Client Name:    RadCom Ltd                                                       -->
     <!-- Project Name:   6-K                                                              -->
     <!-- Firm Name:      Zadok-Keinan Ltd                                                 -->
     <TITLE>6-K</TITLE>
</HEAD>
<BODY>

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<P align=right><FONT FACE="Times New Roman, Times, Serif" SIZE="2"><U><B>Exhibit 99.1</B></U> </FONT> </P>

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<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>RADCOM LTD. </FONT></H1>

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<HR SIZE=1 NOSHADE WIDTH=20% ALIGN=center>

<!-- MARKER FORMAT-SHEET="Head Major Center Bold-TNR" FSL="Workstation" -->
<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>NOTICE OF 2009 ANNUAL
GENERAL MEETING OF SHAREHOLDERS </FONT></H1>

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<HR SIZE=1 NOSHADE WIDTH=20% ALIGN=center>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Notice
is hereby given that the 2009 Annual General Meeting of Shareholders (the
&#147;Meeting&#148;) of Radcom Ltd. (the &#147;Company&#148;) will be held on Wednesday,
December 9, 2009 at 4:00 p.m. (Israel time), at the offices of the Company, 24 Raoul
Wallenberg Street, Tel Aviv, Israel, for the following purposes: </FONT></P>

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<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>(1) </FONT></TD>
<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>To
re-elect one (1) director to serve as a member of the Company&#146;s Board of
          Directors; </FONT></TD>
</TR>
</TABLE>
<BR>

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<TR VALIGN=TOP>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>(2) </FONT></TD>
<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>To
fix the number of members of the Company&#146;s Board of Directors at 5; </FONT></TD>
</TR>
</TABLE>
<BR>

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<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>(3) </FONT></TD>
<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Subject
to the approval of Item 2, to elect Shlomo Kalish and Matty Karp as new
          directors of the Company; </FONT></TD>
</TR>
</TABLE>
<BR>

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<TR VALIGN=TOP>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>(4) </FONT></TD>
<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>To
approve the remuneration of the new directors of the Company; </FONT></TD>
</TR>
</TABLE>
<BR>

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<TR VALIGN=TOP>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>(5) </FONT></TD>
<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>To
appoint Kost Forer Gabbay &amp; Kasierer, A Member of Ernst and Young Global           as
the new independent registered public accounting firm of the Company, and to
          authorize the Company&#146;s Audit Committee to fix their remuneration; </FONT></TD>
</TR>
</TABLE>
<BR>

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<TR VALIGN=TOP>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>(6) </FONT></TD>
<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>To
discuss the auditors&#146; report and the consolidated financial statements           of
the Company for the year ended December 31, 2008; and </FONT></TD>
</TR>
</TABLE>
<BR>

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<TR VALIGN=TOP>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>(7) </FONT></TD>
<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>To
transact such other business as may properly come before the Meeting or any
          adjournment thereof. </FONT></TD>
</TR>
</TABLE>
<BR>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
Board of Directors recommends a vote FOR approval of all matters to be voted upon at the
Meeting. </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Shareholders
of record at the close of business on November 3, 2009 are entitled to notice of, and to
vote at, the Meeting. All shareholders are cordially invited to attend the Meeting in
person. </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Whether
or not you plan to attend the Meeting, you are urged to promptly complete, date and sign
the enclosed proxy and to mail it in the enclosed envelope, which requires no postage if
mailed in the United States. Return of your proxy does not deprive you of your right to
attend the Meeting, to revoke the proxy or to vote your shares in person. </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>Joint
holders of shares should take note that, pursuant to Article 32(d) of the Articles of
Association of the Company, the vote of the senior holder of the joint shares who tenders
a vote, in person or by proxy, will be accepted to the exclusion of the vote(s) of the
other joint holder(s). For this purpose seniority will be determined by the order in which
the names stand in the Company&#146;s Register of Members.</B> </FONT></P>

<TABLE CELLPADDING=0 CELLSPACING=0 BORDER=0 WIDTH=100%>
<TR VALIGN=Bottom>
     <TH><FONT FACE="Times New Roman" SIZE=1></FONT></TH>
     <TH><FONT FACE="Times New Roman" SIZE=1></FONT></TH></TR>
<TR VALIGN=Bottom>
     <TH><FONT FACE="Times New Roman" SIZE=1></FONT></TH>
     <TH><FONT FACE="Times New Roman" SIZE=1></FONT></TH></TR>
<TR VALIGN=Bottom>
     <TH><FONT FACE="Times New Roman" SIZE=1></FONT></TH>
     <TH><FONT FACE="Times New Roman" SIZE=1></FONT></TH></TR>
<TR VALIGN=Bottom>
     <TH><FONT FACE="Times New Roman" SIZE=1></FONT></TH>
     <TH><FONT FACE="Times New Roman" SIZE=1></FONT></TH></TR>
<TR VALIGN=Bottom>
     <TH><FONT FACE="Times New Roman" SIZE=1></FONT></TH>
     <TH><FONT FACE="Times New Roman" SIZE=1></FONT></TH></TR>
<TR VALIGN=Bottom>
     <TD WIDTH=50% ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=2>&nbsp;</FONT></TD>
     <TD WIDTH=50% ALIGN=CENTER><FONT FACE="Times New Roman" SIZE=2>By Order of the Board of Directors,</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=2>&nbsp;</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=2>&nbsp;</FONT></TD>
     <TD ALIGN=CENTER><FONT FACE="Times New Roman" SIZE="2"><B>David Ripstein</B> </FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=2>&nbsp;</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=2>&nbsp;</FONT></TD>
     <TD ALIGN=CENTER><FONT FACE="Times New Roman" SIZE="2"><I>Chief Executive Officer</I> </FONT></TD></TR>
</TABLE>
<BR>


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<P ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Dated: November 4, 2009 </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
audited financial statements of the Company for the fiscal year ended December 31, 2008,
are not a part of the proxy solicitation material, but were filed together with the
Company&#146;s Annual Report on Form 20-F, which was filed on June 18, 2009 with the
Securities and Exchange Commission and is available at their website, www.sec.gov, and at
the Company&#146;s website, <U>www.radcom.com</U>. </FONT></P>

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<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>RADCOM LTD. </FONT><BR>
<FONT FACE="Times New Roman, Times, Serif" SIZE=2>24 RAOUL WALLENBERG STREET </FONT><BR>
<FONT FACE="Times New Roman, Times, Serif" SIZE=2>TEL AVIV 69719, ISRAEL </FONT></H1>

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<HR SIZE=1 NOSHADE WIDTH=20% ALIGN=center>

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<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>PROXY STATEMENT </FONT></H1>

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<HR SIZE=1 NOSHADE WIDTH=20% ALIGN=center>

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<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>2009 ANNUAL GENERAL MEETING
OF SHAREHOLDERS  </FONT></H1>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;This
Proxy Statement is furnished to the holders of ordinary shares, NIS 0.20 nominal value
(the &#147;Ordinary Shares&#148;), of Radcom Ltd. (the &#147;Company&#148;) in connection
with the solicitation by the Board of Directors of the Company (the &#147;Board of
Directors&#148;) of proxies for use at the 2009 Annual General Meeting of Shareholders
(the &#147;Meeting&#148;), or at any adjournment thereof, pursuant to the accompanying
Notice of 2009 Annual General Meeting of Shareholders. The Meeting will be held on
Wednesday, December 9, 2009 at 4:00 p.m. (Israel time), at the offices of the Company, 24
Raoul Wallenberg Street, Tel Aviv, Israel. </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;It
is proposed that at the Meeting, resolutions be adopted as follows: </FONT></P>

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<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>1. </FONT></TD>
<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>To
re-elect one (1) director to serve as a member of the Board of Directors; </FONT></TD>
</TR>
</TABLE>
<BR>

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<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>2. </FONT></TD>
<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>To
fix the number of members of the Company&#146;s Board of Directors at 5; </FONT></TD>
</TR>
</TABLE>
<BR>

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<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>3. </FONT></TD>
<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Subject
to the approval of Item 2, to elect Shlomo Kalish and Matty Karp as new
               directors of the Company; </FONT></TD>
</TR>
</TABLE>
<BR>

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<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>4. </FONT></TD>
<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>To
approve the remuneration of the new directors of the Company; and </FONT></TD>
</TR>
</TABLE>
<BR>

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<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>5. </FONT></TD>
<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>To
appoint Kost Forer Gabbay &amp; Kasierer, A Member of Ernst and Young Global
               as the new independent registered public accounting firm of the Company,
and to                authorize the Company&#146;s Audit Committee to fix their
remuneration. </FONT></TD>
</TR>
</TABLE>
<BR>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Additionally,
the auditors&#146; report and the consolidated financial statements of the Company for the
year ended December 31, 2008 will be discussed. </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
Company currently is not aware of any other matters that will come before the Meeting. If
any other matters properly come before the Meeting or any adjournment thereof, the persons
designated as proxies intend to vote in accordance with their judgment on such matters. </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Shareholders
may elect to vote their shares once, either by attending the Meeting in person or by a
duly executed proxy as detailed below. </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;A
form of proxy for use at the Meeting and a return envelope for the proxy are enclosed.
Shareholders may revoke the authority granted by their execution of proxies at any time
before the exercise thereof by filing with the Company a written notice of revocation or
duly executed proxy bearing a later date, or by voting in person at the Meeting. Unless
otherwise indicated on the form of proxy, shares represented by any proxy in the enclosed
form, if the proxy is properly executed and received by the Company not less than 2 hours
prior to the time fixed for the Meeting, will be voted in favor of all the matters to be
presented to the Meeting, as described above. On all matters considered at the Meeting,
abstentions and broker non-votes will be treated as neither a vote &#147;for&#148; nor
&#147;against&#148; the matter, although they will be counted in determining whether a
quorum is present. </FONT></P>

<p align=center>
<font size=2></font></p>
<HR SIZE="1" NOSHADE  STYLE="margin-top: -2px">
<HR SIZE="4" NOSHADE  STYLE="margin-top: -10px">
<page>


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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Proxies
for use at the Meeting are being solicited by the Board of Directors. Only shareholders of
record at the close of business on November 3, 2009 will be entitled to vote at the
Meeting. Proxies are being mailed to shareholders on or about November 9, 2009 and will be
solicited chiefly by mail. However, certain officers, directors, employees and agents of
the Company, none of whom will receive additional compensation therefore, may solicit
proxies by telephone, telegram or other personal contact. The Company will bear the cost
for the solicitation of the proxies, including postage, printing and handling, and will
reimburse the reasonable expenses of brokerage firms and others for forwarding material to
beneficial owners of shares. </FONT></P>

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<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>RECORD DATE;
OUTSTANDING VOTING SECURITIES; VOTING RIGHTS </FONT></H1>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Only
shareholders of record at the close of business on November 3, 2009 will be entitled to
vote at the Meeting and any adjournments or postponements thereof. The Company had
outstanding on November 3, 2009, 5,081,707 Ordinary Shares, each of which is entitled to
one vote upon each of the matters to be presented at the Meeting. Two or more shareholders
of the Company holding shares conferring in the aggregate at least one-third (1/3) of the
voting power of the Company, present in person or by proxy and entitled to vote, will
constitute a quorum at the Meeting. </FONT></P>

<p align=center>
<font size=2>2</font></p>
<HR SIZE="1" NOSHADE  STYLE="margin-top: -2px">
<HR SIZE="4" NOSHADE  STYLE="margin-top: -10px">
<page>


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<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>BENEFICIAL OWNERSHIP
OF SECURITIES BY CERTAIN </FONT><BR>
<FONT FACE="Times New Roman, Times, Serif" SIZE=2>BENEFICIAL OWNERS AND
MANAGEMENT </FONT></H1>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
following table sets forth certain information regarding the beneficial ownership of the
Company&#146;s Ordinary Shares as of November 3, 2009 by (i) each person or entity known
to beneficially own more than five percent (5%) of the Company&#146;s outstanding Ordinary
Shares based on information provided to the Company by the holders or disclosed in public
filings with the Securities and Exchange Commission, and (ii) all directors and officers
as a group, based on information provided to the Company by the holders or disclosed in
public filings with the Securities and Exchange Commission. </FONT></P>






<TABLE CELLPADDING=0 CELLSPACING=0 BORDER=0 WIDTH=100%>
<TR VALIGN=Bottom>
     <TH COLSPAN=3><FONT FACE="Times New Roman" SIZE=1>Name</FONT><HR WIDTH=95% SIZE=1 COLOR=BLACK NOSHADE></TH>
     <TH COLSPAN=3><FONT FACE="Times New Roman" SIZE="1">Number of Ordinary<BR>
Shares Beneficially Owned<SUP>(1)</SUP> </FONT><HR WIDTH=95% SIZE=1 COLOR=BLACK NOSHADE></TH>
     <TH COLSPAN=3><FONT FACE="Times New Roman" SIZE="1">Percentage of<BR>
Outstanding Ordinary<BR>
Shares<SUP>(2)</SUP> </FONT><HR WIDTH=95% SIZE=1 COLOR=BLACK NOSHADE></TH></TR>
<TR VALIGN=Bottom>
     <TH COLSPAN=3><FONT FACE="Times New Roman" SIZE=1>&nbsp;</FONT></TH>
     <TH COLSPAN=3><FONT FACE="Times New Roman" SIZE=1></FONT></TH>
     <TH COLSPAN=3><FONT FACE="Times New Roman" SIZE=1></FONT></TH></TR>
<TR VALIGN=Bottom>
     <TH COLSPAN=3><FONT FACE="Times New Roman" SIZE=1></FONT></TH>
     <TH COLSPAN=3><FONT FACE="Times New Roman" SIZE=1></FONT></TH>
     <TH COLSPAN=3><FONT FACE="Times New Roman" SIZE=1></FONT></TH></TR>
<TR VALIGN=Bottom>
     <TH COLSPAN=3><FONT FACE="Times New Roman" SIZE=1></FONT></TH>
     <TH COLSPAN=3><FONT FACE="Times New Roman" SIZE=1></FONT></TH>
     <TH COLSPAN=3><FONT FACE="Times New Roman" SIZE=1></FONT></TH></TR>
<TR VALIGN=Bottom>
     <TH COLSPAN=3><FONT FACE="Times New Roman" SIZE=1></FONT></TH>
     <TH COLSPAN=3><FONT FACE="Times New Roman" SIZE=1></FONT></TH>
     <TH COLSPAN=3><FONT FACE="Times New Roman" SIZE=1></FONT></TH></TR>
<TR VALIGN="BOTTOM" BGCOLOR="#CCEEFF">
     <TD WIDTH="70%" ALIGN="LEFT"><FONT FACE="Times New Roman" SIZE=2>Zohar Zisapel (3)</FONT></TD>
     <TD WIDTH="1%" ALIGN="LEFT"><FONT FACE="Times New Roman" SIZE=2>&nbsp;</FONT></TD>
     <TD WIDTH="3%" ALIGN="LEFT"><FONT FACE="Times New Roman" SIZE=2>&nbsp;</FONT></TD>
     <TD WIDTH="1%" ALIGN="RIGHT"><FONT FACE="Times New Roman" SIZE=2>&nbsp;</FONT></TD><TD WIDTH="10%" ALIGN="RIGHT"><FONT FACE="Times New Roman" SIZE=2>1,845,433</FONT></TD>
        <TD WIDTH="2%" ALIGN="LEFT"><FONT FACE="Times New Roman" SIZE=2>&nbsp;</FONT></TD>
     <TD WIDTH="1%" ALIGN="RIGHT"><FONT FACE="Times New Roman" SIZE=2>&nbsp;</FONT></TD><TD WIDTH="10%" ALIGN="RIGHT"><FONT FACE="Times New Roman" SIZE=2>34.6</FONT></TD>
        <TD WIDTH="2%" ALIGN="LEFT"><FONT FACE="Times New Roman" SIZE=2>%</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=2>Yehuda Zisapel (4)</FONT></TD><TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=2>&nbsp;</FONT></TD><TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=2>&nbsp;</FONT></TD>
     <TD ALIGN=RIGHT><FONT FACE="Times New Roman" SIZE=2>&nbsp;</FONT></TD><TD ALIGN=RIGHT><FONT FACE="Times New Roman" SIZE=2>506,790</FONT></TD>
        <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=2>&nbsp;</FONT></TD>
     <TD ALIGN=RIGHT><FONT FACE="Times New Roman" SIZE=2>&nbsp;</FONT></TD><TD ALIGN=RIGHT><FONT FACE="Times New Roman" SIZE=2>10.0</FONT></TD>
        <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=2>%</FONT></TD></TR>
<TR VALIGN="BOTTOM" BGCOLOR="#CCEEFF">
     <TD ALIGN="LEFT"><FONT FACE="Times New Roman" SIZE=2>RAD Data Communications Ltd (5)</FONT></TD><TD ALIGN="LEFT"><FONT FACE="Times New Roman" SIZE=2>&nbsp;</FONT></TD><TD ALIGN="LEFT"><FONT FACE="Times New Roman" SIZE=2>&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="Times New Roman" SIZE=2>&nbsp;</FONT></TD><TD ALIGN="RIGHT"><FONT FACE="Times New Roman" SIZE=2>44,460</FONT></TD>
        <TD ALIGN="LEFT"><FONT FACE="Times New Roman" SIZE=2>&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="Times New Roman" SIZE=2>&nbsp;</FONT></TD><TD ALIGN="RIGHT"><FONT FACE="Times New Roman" SIZE=2>0.9</FONT></TD>
        <TD ALIGN="LEFT"><FONT FACE="Times New Roman" SIZE=2>%</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=2>All directors and executive officers as a group,</FONT></TD><TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=2>&nbsp;</FONT></TD><TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=2>&nbsp;</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=2>&nbsp;&nbsp;except Zohar Zisapel(9 persons) (1) (2)</FONT></TD><TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=2>&nbsp;</FONT></TD><TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=2>&nbsp;</FONT></TD>
     <TD ALIGN=RIGHT><FONT FACE="Times New Roman" SIZE=2>&nbsp;</FONT></TD><TD ALIGN=RIGHT><FONT FACE="Times New Roman" SIZE=2>235,284</FONT></TD>
        <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=2>&nbsp;</FONT></TD>
     <TD ALIGN=RIGHT><FONT FACE="Times New Roman" SIZE=2>&nbsp;</FONT></TD><TD ALIGN=RIGHT><FONT FACE="Times New Roman" SIZE=2>4.4</FONT></TD>
        <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=2>%</FONT></TD></TR>
</TABLE><BR>


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<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>(1)  </FONT></TD>
<TD WIDTH=95%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Except
as otherwise noted and pursuant to applicable community property laws,
               each person named in the table has sole voting and investment power with
respect                to all Ordinary Shares listed as owned by such person. Shares
beneficially owned                include shares that may be acquired pursuant to options
that are exercisable on                or within 60 days of November 3, 2009. </FONT></TD>
</TR>
</TABLE>
<BR>

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<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>(2)  </FONT></TD>
<TD WIDTH=95%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>The
percentage of outstanding Ordinary Shares is based on 5,081,707 Ordinary
               Shares outstanding as of November 3, 2009. For determining the percentage
owned                by each person, Ordinary Shares for each person includes Ordinary
Shares that                may be acquired by such person pursuant to options to purchase
Ordinary Shares                that are exercisable within 60 days of November 3, 2009. </FONT></TD>
</TR>
</TABLE>
<BR>

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<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=5%>&nbsp;</TD>
<TD WIDTH=95%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
The
number of outstanding Ordinary Shares does not include 30,843 shares that were
repurchased by the Company.  </FONT></TD>
</TR>
</TABLE>
<BR>

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<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>(3)  </FONT></TD>
<TD WIDTH=95%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Includes
44,460 Ordinary Shares owned of record by RAD Data Communications Ltd.,                an
Israeli company, 13,625 Ordinary Shares owned of record by Klil and Michael
               Ltd., an Israeli company and 258,177 Ordinary Shares issuable upon
exercise of                options and warrants exercisable within 60 days of November 3,
2009. Zohar                Zisapel is a principal shareholder and director of each of RAD
Data                Communications Ltd. and Klil and Michael Ltd. and, as such, Mr.&nbsp;Zisapel
may                be deemed to have voting and dispositive power over the Ordinary
Shares held by                RAD Data Communications and Klil and Michael Ltd. Mr.&nbsp;Zisapel
disclaims                beneficial ownership of these Ordinary Shares except to the
extent of his                pecuniary interest therein. </FONT></TD>
</TR>
</TABLE>
<BR>

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<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>(4)  </FONT></TD>
<TD WIDTH=95%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Includes
44,460 Ordinary Shares owned of record by RAD Data Communications Ltd.,                an
Israeli company, and 227,590 Ordinary Shares owned of record by Retem Local
               Networks Ltd., an Israeli company. Yehuda Zisapel is a principal
shareholder and                director of each of RAD Data Communications Ltd. and Retem
Local Networks and,                as such, Mr.&nbsp;Zisapel may be deemed to have voting
and dispositive power                over the Ordinary Shares held by RAD Data
Communications Ltd. and Retem Local                Networks. Mr.&nbsp;Zisapel disclaims
beneficial ownership of these Ordinary                Shares except to the extent of his
pecuniary interest therein. </FONT></TD>
</TR>
</TABLE>
<BR>

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<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>(5)  </FONT></TD>
<TD WIDTH=95%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Messrs.
Zohar Zisapel and Yehuda Zisapel have shared voting and                disposit<U>i</U>ve
power with respect to the shares held by RAD Data                Communications Ltd. The
shares held by RAD Data Communications Ltd. are                reflected under the number
of shares held by Zohar Zisapel and Yehuda Zisapel. </FONT></TD>
</TR>
</TABLE>
<BR>

<p align=center>
<font size=2>3</font></p>
<HR SIZE="1" NOSHADE  STYLE="margin-top: -2px">
<HR SIZE="4" NOSHADE  STYLE="margin-top: -10px">
<page>


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<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>ITEM 1 &#150;
RE-ELECTION OF DIRECTORS </FONT></H1>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;At
the Meeting, shareholders will be asked to re-elect one non-external director, Mr. Zohar
Zisapel to serve as a member of the Board of Directors. Our second non-external director,
Mr. Zohar Gilon, has decided not to stand for re-election at the Meeting and his
directorship will terminate as of the Meeting. The nominee, if re-elected, together with
the Company&#146;s external directors, Mr. Uri Har and Ms. Irit Hillel and, if elected,
the two new directors proposed to be elected pursuant to Item 3 below, will constitute the
entire Board of Directors. </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Proxies
may not be voted for a greater number of persons than the number of nominees named. Under
the Articles of Association of the Company, the Board of Directors will be entitled to
fill, until the next election of directors, any vacancies existing on the Board of
Directors following the annual general meeting at its sole discretion. </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;It
is intended that proxies (other than those directing the proxy holders to vote against Mr.
Zisapel or to abstain) will be voted for the re-election of Mr. Zisapel as a director of
the Company, to hold office until the next annual general meeting and until his successor
shall have duly taken office, unless his office is vacated earlier under any relevant
provision of the Articles of Association of the Company or applicable laws or regulations. </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
affirmative vote of a majority of the Ordinary Shares represented at the Meeting in person
or by proxy is required to elect Mr. Zisapel as a director of the Company. In the event
that Mr. Zisapel should be unable to serve, the proxies will be voted for the election of
such other person as shall be determined by the person named in the proxy in accordance
with their best judgment. The Company is not aware of any reason why Mr. Zisapel, if
elected, should be unable to serve as a director. The Company does not have any
understanding or agreement with respect to the future election of Mr. Zisapel. The
following information is supplied with respect to Mr. Zisapel, and is based upon the
records of the Company and information furnished to it by Mr. Zisapel. </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;A
brief biography of Mr. Zisapel is set forth below: </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<I>Mr.
Zohar Zisapel (60),</I> one of the co-founders of the Company, has served as the Chairman
of the Board of Directors since its inception. Mr.&nbsp;Zisapel is also a founder and a
director of RAD Data Communications Ltd., a worldwide data communications company
headquartered in Israel, for which he currently serves as Chairman of the Board and
served as President from 1982 to 1997. Mr. Zisapel is the Chairman of other public
companies, including: RADVISION Ltd. and Ceragon Ltd. as well as a director or Chairman
of several private companies. Mr.&nbsp;Zisapel has a B.Sc. and a M.Sc. degree in
electrical engineering from the Technion &#150; Israel Institute of Technology and an
M.B.A. degree from Tel Aviv University.  </FONT></P>


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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
affirmative vote of the holders of a majority of the voting power represented at the
Meeting, in person or by proxy, and voting on this matter, is required for the approval of
this matter. </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;It
is proposed that at the Meeting the following resolution be adopted: </FONT></P>

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<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=5%>&nbsp;</TD>
<TD WIDTH=95%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
&#147;<B>RESOLVED,</B> that
Mr. Zohar Zisapel be and hereby is re-elected to serve as a member of the Board of
Directors, effective immediately.&#148; </FONT></TD>
</TR>
</TABLE>
<BR>

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<P align=center><FONT FACE="Times New Roman, Times, Serif" SIZE=2><B>The Board of Directors recommends a vote FOR approval of the proposed resolution.</B> </FONT></P>

<p align=center>
<font size=2>4</font></p>
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<HR SIZE="4" NOSHADE  STYLE="margin-top: -10px">
<page>


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<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>ITEM 2 &#150; FIXING
NUMBER OF DIRECTORS AT 5 </FONT></H1>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Under
the Company&#146;s Articles of Association, the Board of Directors is to consist of not
less than three (3) and not more than nine (9) directors, the exact number to be fixed
from time to time by resolution of the shareholders. The number of directors of the
Company is currently fixed at four (4). The Board of Directors has determined that it is
in the best interests of the Company to increase the number of directors to five (5). At
the Meeting, shareholders will be asked to fix the number of directors on the Board of
Directors at five (5). </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
affirmative vote of the holders of a majority of the voting power represented at the
Meeting, in person or by proxy, and voting on this matter, is required for the approval of
this matter. </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;It
is proposed that at the Meeting the following resolution be adopted: </FONT></P>

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<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=5%>&nbsp;</TD>
<TD WIDTH=95%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
&#147;<B>RESOLVED,</B> that
number of directors on the Board of Directors be fixed at five (5), effective immediately.&#148; </FONT></TD>
</TR>
</TABLE>
<BR>

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<P align=center><FONT FACE="Times New Roman, Times, Serif" SIZE=2><B>The Board of Directors recommends a vote FOR approval of the proposed resolution.</B> </FONT></P>

<!-- MARKER FORMAT-SHEET="Head Major Center Bold-TNR" FSL="Workstation" -->
<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>ITEM 3 &#150; ELECTION
OF NEW DIRECTORS </FONT></H1>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Directors
of the Company, other than external directors, are elected at each annual general meeting
of shareholders. As noted above, Mr. Zohar Gilon, who has served as a director of the
Company from June 1995 until the date of the Meeting, has decided not to stand for
re-election at the Meeting. Subject to the approval of Item 2 above, at the Meeting,
shareholders will be asked to elect two new non-external directors, Shlomo Kalish and
Matty Karp to serve as members of the Board of Directors. </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Proxies
may not be voted for a greater number of persons than the number of nominees named. Under
the Articles of Association of the Company, the Board of Directors will be entitled to
fill, until the next election of directors, any vacancies existing on the Board of
Directors following the annual general meeting at its sole discretion. </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;It
is intended that proxies (other than those directing the proxy holders to vote against the
listed nominees or for certain of them or to abstain) will be voted for the election of
the two nominees named below as directors of the Company, each to hold office until the
next annual general meeting and until his successor shall have duly taken office, unless
his office is vacated earlier under any relevant provision of the Articles of Association
of the Company. </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
affirmative vote of a majority of the Ordinary Shares represented at the Meeting in person
or by proxy is required to elect the two nominees named below as directors of the Company.
In the event any one or more of such nominees should be unable to serve, the proxies will
be voted for the election of such other person or persons as shall be determined by the
persons named in the proxy in accordance with their best judgment. The Company is not
aware of any reason why any of the nominees, if elected, should be unable to serve as a
director. The Company does not have any understanding or agreement with respect to the
future election of any nominees named herein. The following information is supplied with
respect to each person nominated and recommended to be elected by the Board of Directors,
and is based upon the records of the Company and information furnished to it by the
nominees. </FONT></P>

<p align=center>
<font size=2>5</font></p>
<HR SIZE="1" NOSHADE  STYLE="margin-top: -2px">
<HR SIZE="4" NOSHADE  STYLE="margin-top: -10px">
<page>


<!-- MARKER FORMAT-SHEET="Para Large Indent Lv 0-TNR" FSL="Workstation" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;A
brief biography of each nominee is set forth below: </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<I>Dr.
          Shlomo Kalish (57),</I> currently serves as the CEO of the Jerusalem Global
          Group, a technology focused investment house, which he founded in 1994. He is
          also the managing partner of Jerusalem Global Ventures (&#147;JGV&#148;), a
$120           million venture capital fund investing in seed-stage and early-stage
          communications and information technology companies, which he founded in 1999.
          In 2007, Dr. Kalish was chosen by Forbes Magazine to the Forbes Midas List,
(#39           worldwide, first among Israelis on the list). JGV&#146;s investments
includes or           included companies such as Galileo Technology, which was acquired
by Marvell           Technology Group (NASDAQ: MRVL), Creo Products, which was acquired
by Eastman           Kodak (NYSE: EK), Saifun Semiconductors, which merged with Spansion,
QXL,           Mellanox Technologies (NASDAQ: MLNX), Accord Networks, which was acquired
by           Polycom (NASDAQ: PLCM) and PictureVision, which was acquired by Eastman
Kodak           (NYSE: EK).  </FONT></P>


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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Dr.
          Kalish is currently a director of a number of JGV portfolio companies. He also
          serves on the Boards of Governors of the Technion &#150; Israel Institute of
          Technology and The Jerusalem College of Technology. He holds a Ph.D. in
          Operations Research from the Massachusetts Institute of Technology           (&#147;MIT&#148;),
a M.Sc. from the Sloan School of Management at MIT and a           B.Sc. from Tel Aviv
University. From 1970 to 1975, Dr. Kalish served in the           Israeli Air Force as a
fighter pilot with the rank of Captain and later in the           reserves as a Major.
From 1984 to 1995 he was a Faculty Member at the Recanati           Business School at
Tel-Aviv University.  </FONT></P>


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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<I>
Mr. Matty Karp (60),</I> has served as the managing partner of Concord Ventures, an
Israeli venture capital fund focused on Israeli early stage technology companies, since he
co-founded it in 1997. From 2007 to 2008 he served as the Chairman of Israel Growth
Partners Acquisition Corp. (IPAC). From 1994 to June 1999, Mr. Karp served as the Chief
Executive Officer of Kardan Technologies, a technology investment company, and continued
to serve as a director until October 2001. From 1994 to 1997, Mr. Karp served as the
president of Nitzanim Venture Fund, an Israeli venture capital fund focused on early-stage
high technology companies. From 1987 to 1994, Mr. Karp served as the corporate vice
president for business development, marketing and sales, the general manager of the
airbornes systems division and the head of the systems and products group at Elbit Systems
Ltd. (NASDAQ and TASE: ESLT), an Israeli high-tech company with a worldwide presence. </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Mr.
          Karp has served as a director of a number of companies, including: Galileo
          Technology, which was acquired by Marvell Technology Group (NASDAQ: MRVL);
          Accord Networks which was acquired by Polycom (NASDAQ: PLCM); Saifun
          Semiconductors , which merged with Spansion and El Al Israel Airlines (TASE:
          ELAL). Mr. Karp received a B.S., cum laude, in Electrical Engineering from the
          Technion &#150; Israel Institute of Technology and is a graduate of the Harvard
          Business School Advanced Management Program. Mr. Karp also served in the
Israeli           Air Force as a fighter pilot.  </FONT></P>


<p align=center>
<font size=2>6</font></p>
<HR SIZE="1" NOSHADE  STYLE="margin-top: -2px">
<HR SIZE="4" NOSHADE  STYLE="margin-top: -10px">
<page>


<!-- MARKER FORMAT-SHEET="Para Large Indent Lv 0-TNR" FSL="Workstation" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
affirmative vote of the holders of a majority of the voting power represented at the
Meeting, in person or by proxy, and voting on this matter, is required for the approval of
this matter. </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;It
is proposed that at the Meeting the following resolutions be adopted: </FONT></P>

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<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=5%>&nbsp;</TD>
<TD WIDTH=95%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
&#147;<B>RESOLVED,</B> that
Shlomo Kalish is elected to serve as a member of the Board of Directors, effective
immediately.  </FONT></TD>
</TR>
</TABLE>
<BR>

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<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=5%>&nbsp;</TD>
<TD WIDTH=95%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
<B>RESOLVED,</B> that
Matty Karp is elected to serve as a member of the Board of Directors, effective
immediately.&#148; </FONT></TD>
</TR>
</TABLE>
<BR>

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<P align=center><FONT FACE="Times New Roman, Times, Serif" SIZE=2><B>The
Board of Directors recommends a vote FOR approval of the proposed resolutions.</B> </FONT></P>

<!-- MARKER FORMAT-SHEET="Head Major Center Bold-TNR" FSL="Workstation" -->
<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>ITEM 4 &#150;
REMUNERATION FOR NEW DIRECTORS </FONT></H1>

<!-- MARKER FORMAT-SHEET="Para Flush Lv 0-TNR" FSL="Workstation" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Under the Israeli Companies Law,
5759-1999 and the regulations promulgated thereunder, the remuneration of directors
generally requires the approval of a company&#146;s audit committee, followed by the
approval of its board of directors, and then the approval of its shareholders. </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Subject to the election of Dr. Shlomo
Kalish and Mr. Matty Karp as directors of the Company (see Item 3), and shareholder
approval of this Item 4, both the Audit Committee of the Board of Directors (the
&#147;Audit Committee&#148;) and the Board of Directors have approved to pay the new
directors cash compensation and equity compensation in amounts equal to the compensation
of external directors of the Company and under the same vesting conditions. Accordingly,
if approved, the new directors will each be paid (i) an annual fee of NIS 18,700
(currently equivalent to approximately $5,000) and a per meeting attendance fee of NIS
1,080 (currently equivalent to approximately $300), such amounts are subject to adjustment
for changes in the Israeli consumer price index and changes in the amounts payable
pursuant to Israeli law from time to time and (ii) options to purchase 12,500 Ordinary
Shares to be vested over a period of three years beginning on the date of the Meeting,
with one third to be vested at the end of each year, provided that such director continues
to serve as a director of the Company. The exercise price of all options to be granted
shall be equal to the closing price of the Company&#146;s shares on the NASDAQ Capital
Market as of the business day preceding the Meeting. The option grants described above
will be issued under the Company&#146;s 2003 Share Option Plan. </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>The affirmative vote of the holders
of a majority of the voting power represented at the Meeting, in person or by proxy, and
voting on this matter, is required for the approval of this matter. </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>It is proposed that at the Meeting
the following resolution be adopted: </FONT></P>

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<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=5%>&nbsp;</TD>
<TD WIDTH=95%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
<B>&#147;RESOLVED</B>,
 subject to the election of Dr. Shlomo Kalish as a director of the Company, to pay to Dr.
Kalish, effective as of the date of the Meeting and for the duration of his service in
such capacity, compensation equal to the compensation described in the Notice of 2009
Annual General Meeting of Shareholders and Proxy Statement, dated November 4, 2009.  </FONT></TD>
</TR>
</TABLE>
<BR>


<p align=center>
<font size=2>7</font></p>
<HR SIZE="1" NOSHADE  STYLE="margin-top: -2px">
<HR SIZE="4" NOSHADE  STYLE="margin-top: -10px">
<page>


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<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=5%>&nbsp;</TD>
<TD WIDTH=95%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
<B>RESOLVED</B>,
subject to the election of Mr. Matty Karp as a director of the Company, to pay to Mr.
Carp, effective as of the date of the Meeting and for the duration of his service in such
capacity, compensation equal to the compensation described in the Notice of 2009 Annual
General Meeting of Shareholders and Proxy Statement, dated November 4, 2009.&#148; </FONT></TD>
</TR>
</TABLE>
<BR>

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<P align=center><FONT FACE="Times New Roman, Times, Serif" SIZE=2><B>The
Board of Directors recommends a vote FOR approval of the proposed resolution.</B> </FONT></P>

<!-- MARKER FORMAT-SHEET="Head Major Center Bold-TNR" FSL="Workstation" -->
<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>ITEM 5 &#150;
 APPOINTMENT OF INDEPENDENT REGISTERED PUBLIC ACCOUTING FIRM </FONT></H1>

<!-- MARKER FORMAT-SHEET="Para Large Indent Lv 0-TNR" FSL="Workstation" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;At
the Meeting, the shareholders will be asked to approve the appointment of Kost Forer
Gabbay &amp; Kasierer, A Member of Ernst and Young Global, as the Company&#146;s
independent registered public accounting firm until the end of next year&#146;s annual
general meeting of shareholders. The current independent registered public accounting
firm, Somekh Chaikin, Certified Public Accountants (Israel), a member firm of KPMG
International have been the Company&#146;s independent registered public accounting firm
for over a decade, and the Board of Directors is interested in refreshing this appointment
and believes that this is in the Company&#146;s best interests. The shareholders will also
be asked to authorize the Audit Committee, by the authority delegated to it by the Board
of Directors, to fix the compensation of the auditors in accordance with the amount and
nature of their services. </FONT></P>

<!-- MARKER FORMAT-SHEET="Para Large Indent Lv 0-TNR" FSL="Workstation" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
affirmative vote of the holders of a majority of the voting power represented at the
Meeting, in person or by proxy, and voting on this matter, is required for the approval of
this matter. </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;It
is proposed that at the Meeting the following resolutions be adopted: </FONT></P>

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<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=5%>&nbsp;</TD>
<TD WIDTH=95%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
&#147;<B>RESOLVED,</B> that
Kost Forer Gabbay &amp; Kasierer, A Member firm of Ernst and Young Global, be, and hereby
are, appointed as the independent registered public accounting firm of the Company until
the end of the 2010 annual general meeting of shareholders, and that the Audit Committee,
by an authority duly delegated by the Board of Directors, be, and it hereby is,
authorized to fix the compensation of the independent auditors in accordance with the
amount and nature of their services.&#148; </FONT></TD>
</TR>
</TABLE>
<BR>

<!-- MARKER FORMAT-SHEET="Para Large Indent Lv 0-TNR" FSL="Workstation" -->
<P align=center><FONT FACE="Times New Roman, Times, Serif" SIZE=2><B>The Board of Directors recommends a vote FOR approval of the proposed resolution.</B> </FONT></P>

<!-- MARKER FORMAT-SHEET="Head Major Center Bold-TNR" FSL="Workstation" -->
<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>ITEM 6 &#150; REVIEW
OF THE AUDITORS&#146; REPORT AND THE CONSOLIDATED FINANCIAL STATEMENTS </FONT></H1>

<!-- MARKER FORMAT-SHEET="Para Large Indent Lv 0-TNR" FSL="Workstation" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
audited financial statements of the Company for the fiscal year ended December 31, 2008
were filed together with the Company&#146;s Annual Report on Form 20-F, which was filed on
June 18, 2009 with the Securities and Exchange Commission and is available at their
website, www.sec.gov, and at the Company&#146;s website, www.radcom.com. The Company will
hold a discussion with respect to the financial statements at the Meeting. This item will
not involve a vote by the shareholders. </FONT></P>

<p align=center>
<font size=2>8</font></p>
<HR SIZE="1" NOSHADE  STYLE="margin-top: -2px">
<HR SIZE="4" NOSHADE  STYLE="margin-top: -10px">
<page>


<!-- MARKER FORMAT-SHEET="Head Major Center Bold-TNR" FSL="Workstation" -->
<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>ITEM 7 &#150; OTHER BUSINESS </FONT></H1>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Management
knows of no other business to be transacted at the Meeting, other than as set forth in the
Notice of Annual General Meeting. However, if any other matters are properly presented to
the Meeting, the persons named in the enclosed form of proxy will vote upon such matters
in accordance with their best judgment. </FONT></P>



<TABLE CELLPADDING=0 CELLSPACING=0 BORDER=0 WIDTH=100%>
<TR VALIGN=Bottom>
     <TH><FONT FACE="Times New Roman" SIZE=1></FONT></TH>
     <TH><FONT FACE="Times New Roman" SIZE=1></FONT></TH></TR>
<TR VALIGN=Bottom>
     <TH><FONT FACE="Times New Roman" SIZE=1></FONT></TH>
     <TH><FONT FACE="Times New Roman" SIZE=1></FONT></TH></TR>
<TR VALIGN=Bottom>
     <TH><FONT FACE="Times New Roman" SIZE=1></FONT></TH>
     <TH><FONT FACE="Times New Roman" SIZE=1></FONT></TH></TR>
<TR VALIGN=Bottom>
     <TH><FONT FACE="Times New Roman" SIZE=1></FONT></TH>
     <TH><FONT FACE="Times New Roman" SIZE=1></FONT></TH></TR>
<TR VALIGN=Bottom>
     <TH><FONT FACE="Times New Roman" SIZE=1></FONT></TH>
     <TH><FONT FACE="Times New Roman" SIZE=1></FONT></TH></TR>
<TR VALIGN=Bottom>
     <TD WIDTH=50% ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=2>&nbsp;</FONT></TD>
     <TD WIDTH=50% ALIGN=CENTER><FONT FACE="Times New Roman" SIZE=2>By Order of the Board of Directors,</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=2>&nbsp;</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=2>&nbsp;</FONT></TD>
     <TD ALIGN=CENTER><FONT FACE="Times New Roman" SIZE="2"><B>David Ripstein</B> </FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=2>&nbsp;</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=2>&nbsp;</FONT></TD>
     <TD ALIGN=CENTER><FONT FACE="Times New Roman" SIZE="2"><I>Chief Executive Officer</I> </FONT></TD></TR>
</TABLE><BR>

<!-- MARKER FORMAT-SHEET="Head Left-TNR" FSL="Default" -->
<P ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Dated: November 4, 2009 </FONT></P>

<p align=center>
<font size=2>9</font></p>
<HR SIZE="1" NOSHADE  STYLE="margin-top: -2px">
<HR SIZE="4" NOSHADE  STYLE="margin-top: -10px">
<page>


<!-- MARKER FORMAT-SHEET="Head Major Center Bold-TNR" FSL="Workstation" -->
<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>RADCOM LTD. </FONT></H1>

<!-- MARKER FORMAT-SHEET="Head Major Center Bold-TNR" FSL="Workstation" -->
<p ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE="2"><B>PROXY</B> </FONT><BR>
<FONT FACE="Times New Roman, Times, Serif" SIZE=2>THIS PROXY IS SOLICITED ON BEHALF OF THE BOARD OF DIRECTORS </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
undersigned hereby appoints Zohar Zisapel, Chairman of the Board of Directors, David
Ripstein, President and Chief Executive Officer, and Jonathan Burgin, Chief Financial
Officer, and each of them, attorneys, agents and proxies of the undersigned, with full
power of substitution to each of them, to represent and to vote on behalf of the
undersigned all the Ordinary Shares of Radcom Ltd. (the &#147;Company&#148;) which the
undersigned is entitled to vote at the 2009 Annual General Meeting of Shareholders of the
Company (the &#147;Annual Meeting&#148;) to be held at the offices of the Company, 24
Raoul Wallenberg Street, Tel Aviv, Israel on Wednesday, December 9, 2009 at 4:00 p.m.
(Israel time), and at any adjournments or postponements thereof, upon the following
matters, which are more fully described in the Notice of 2009 Annual General Meeting of
Shareholders and Proxy Statement, dated November 4, 2009. </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;This
Proxy, when properly executed, will be voted in the manner directed herein by the
undersigned. If no direction is made with respect to any matter, this Proxy will be voted
FOR such matter. Any and all proxies heretofore given by the undersigned are hereby
revoked. </FONT></P>

<!-- MARKER FORMAT-SHEET="Head Minor Center Bold-TNR" FSL="Workstation" -->
<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>(Continued and to be
signed on the reverse side) </FONT></H1>

<p align=center>
<font size=2></font></p>
<HR SIZE="1" NOSHADE  STYLE="margin-top: -2px">
<HR SIZE="4" NOSHADE  STYLE="margin-top: -10px">
<page>


<!-- MARKER FORMAT-SHEET="Para Large Indent Lv 0-TNR" FSL="Workstation" -->
<P align=center><FONT FACE="Times New Roman, Times, Serif" SIZE=2><FONT size="3" face="Wingdings">x</font> Please mark your votes as in this example. </FONT></P>

<!-- MARKER FORMAT-SHEET="Para Hang Lv 0-TNR" FSL="Workstation" -->
<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>1.  </FONT></TD>
<TD WIDTH=95%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Re-election
of Zohar Zisapel as a member of the Board of Directors of the           Company. </FONT></TD>
</TR>
</TABLE>
<BR>


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     <TD WIDTH="29%" ALIGN="CENTER"><FONT FACE="Wingdings" SIZE="3">o </FONT> <FONT FACE="Times New Roman" SIZE="2">&nbsp;&nbsp; <B>FOR</B> </FONT></TD>
     <TD WIDTH="40%" ALIGN="CENTER"><FONT FACE="Wingdings" SIZE="3">o </FONT> <FONT FACE="Times New Roman" SIZE="2">&nbsp;&nbsp; <B>AGAINST</B> </FONT></TD>
     <TD WIDTH="31%" ALIGN="CENTER"><FONT FACE="Wingdings" SIZE="3">o </FONT> <FONT FACE="Times New Roman" SIZE="2">&nbsp;&nbsp; <B>ABSTAIN</B> </FONT></TD></TR>
</TABLE>
<BR>


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<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>2.  </FONT></TD>
<TD WIDTH=95%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>To
fix the number of members of the Company&#146;s Board of Directors at 5. </FONT></TD>
</TR>
</TABLE>
<BR>



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     <TD WIDTH="29%" ALIGN="CENTER"><FONT FACE="Wingdings" SIZE="3">o </FONT> <FONT FACE="Times New Roman" SIZE="2">&nbsp;&nbsp; <B>FOR</B> </FONT></TD>
     <TD WIDTH="40%" ALIGN="CENTER"><FONT FACE="Wingdings" SIZE="3">o </FONT> <FONT FACE="Times New Roman" SIZE="2">&nbsp;&nbsp; <B>AGAINST</B> </FONT></TD>
     <TD WIDTH="31%" ALIGN="CENTER"><FONT FACE="Wingdings" SIZE="3">o </FONT> <FONT FACE="Times New Roman" SIZE="2">&nbsp;&nbsp; <B>ABSTAIN</B> </FONT></TD></TR>
</TABLE>
<BR>



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<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>3.  </FONT></TD>
<TD WIDTH=95%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Election
of new directors: </FONT></TD>
</TR>
</TABLE>
<BR>

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<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>3A. </FONT></TD>
<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Election
of Shlomo Kalish as a member of the Board of Directors of the Company. </FONT></TD>
</TR>
</TABLE>
<BR>


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     <TD WIDTH="29%" ALIGN="CENTER"><FONT FACE="Wingdings" SIZE="3">o </FONT> <FONT FACE="Times New Roman" SIZE="2">&nbsp;&nbsp; <B>FOR</B> </FONT></TD>
     <TD WIDTH="40%" ALIGN="CENTER"><FONT FACE="Wingdings" SIZE="3">o </FONT> <FONT FACE="Times New Roman" SIZE="2">&nbsp;&nbsp; <B>AGAINST</B> </FONT></TD>
     <TD WIDTH="31%" ALIGN="CENTER"><FONT FACE="Wingdings" SIZE="3">o </FONT> <FONT FACE="Times New Roman" SIZE="2">&nbsp;&nbsp; <B>ABSTAIN</B> </FONT></TD></TR>
</TABLE>
<BR>


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<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0 BORDER=0>
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<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>3B. </FONT></TD>
<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Election
of Matty Karp as a member of the Board of Directors of the Company. </FONT></TD>
</TR>
</TABLE>
<BR>


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     <TD WIDTH="29%" ALIGN="CENTER"><FONT FACE="Wingdings" SIZE="3">o </FONT> <FONT FACE="Times New Roman" SIZE="2">&nbsp;&nbsp; <B>FOR</B> </FONT></TD>
     <TD WIDTH="40%" ALIGN="CENTER"><FONT FACE="Wingdings" SIZE="3">o </FONT> <FONT FACE="Times New Roman" SIZE="2">&nbsp;&nbsp; <B>AGAINST</B> </FONT></TD>
     <TD WIDTH="31%" ALIGN="CENTER"><FONT FACE="Wingdings" SIZE="3">o </FONT> <FONT FACE="Times New Roman" SIZE="2">&nbsp;&nbsp; <B>ABSTAIN</B> </FONT></TD></TR>
</TABLE>
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<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0 BORDER=0>
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<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>4.  </FONT></TD>
<TD WIDTH=95%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Approval
of the remuneration of the new directors of the Company. </FONT></TD>
</TR>
</TABLE>
<BR>


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     <TD WIDTH="29%" ALIGN="CENTER"><FONT FACE="Wingdings" SIZE="3">o </FONT> <FONT FACE="Times New Roman" SIZE="2">&nbsp;&nbsp; <B>FOR</B> </FONT></TD>
     <TD WIDTH="40%" ALIGN="CENTER"><FONT FACE="Wingdings" SIZE="3">o </FONT> <FONT FACE="Times New Roman" SIZE="2">&nbsp;&nbsp; <B>AGAINST</B> </FONT></TD>
     <TD WIDTH="31%" ALIGN="CENTER"><FONT FACE="Wingdings" SIZE="3">o </FONT> <FONT FACE="Times New Roman" SIZE="2">&nbsp;&nbsp; <B>ABSTAIN</B> </FONT></TD></TR>
</TABLE>
<BR>



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<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>5.  </FONT></TD>
<TD WIDTH=95%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Appointing
the Company&#146;s new registered public accounting firm, and                authorizing
the Company&#146;s Audit Committee, by an authority delegated to it                by the
Board of Directors, to fix their remuneration. </FONT></TD>
</TR>
</TABLE>
<BR>


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<TR VALIGN=Bottom>
     <TD WIDTH="29%" ALIGN="CENTER"><FONT FACE="Wingdings" SIZE="3">o </FONT> <FONT FACE="Times New Roman" SIZE="2">&nbsp;&nbsp; <B>FOR</B> </FONT></TD>
     <TD WIDTH="40%" ALIGN="CENTER"><FONT FACE="Wingdings" SIZE="3">o </FONT> <FONT FACE="Times New Roman" SIZE="2">&nbsp;&nbsp; <B>AGAINST</B> </FONT></TD>
     <TD WIDTH="31%" ALIGN="CENTER"><FONT FACE="Wingdings" SIZE="3">o </FONT> <FONT FACE="Times New Roman" SIZE="2">&nbsp;&nbsp; <B>ABSTAIN</B> </FONT></TD></TR>
</TABLE>
<BR>


<!-- MARKER FORMAT-SHEET="Para Flush Lv 0-TNR" FSL="Workstation" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>In their discretion, the proxies are
authorized to vote upon such other matters as may properly come before the Annual Meeting
or any adjournment or postponement thereof. </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>The undersigned acknowledges receipt
of the Notice of the 2009 Annual General Meeting of Shareholders and Proxy Statement,
dated November 4, 2009. </FONT></P>


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     <TD WIDTH=48% ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=2>Signature: ____________________</FONT></TD>
     <TD WIDTH=30% ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=2>___________________________</FONT></TD>
     <TD WIDTH=22% ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=2>Date: _____________, 2009</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=2>&nbsp;</FONT></TD>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=2>title (if applicable)</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=2>&nbsp;</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=2>Signature if held jointly: _____________________</FONT></TD>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=2>__________________________</FONT></TD>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=2>Date: ____________, 2009</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=2>&nbsp;</FONT></TD>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=2>title (if applicable)</FONT></TD></TR>
</TABLE>
<BR>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Please date, sign exactly as your
name appears on this proxy and promptly return in the enclosed envelope. In the case of
joint ownership, each owner should sign. Otherwise, the signature of the senior owner who
votes shall be accepted to the exclusion of the vote(s) of the other joint owner(s); for
this purpose, seniority shall be determined by the order in which the names appear in the
shareholders register. When signing as attorney, executor, administrator, trustee or
guardian, or in any other similar capacity, please give full title. If a corporation, sign
in full corporate name by president or other authorized officer, giving title, and affix
corporate seal. If a partnership, sign in the partnership&#146;s name by an authorized
person. </FONT></P>

<p align=center>
<font size=2></font></p>
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