RADCOM's Virtual Drive Test Receives Prestigious Fierce Network Innovation Award

RADCOM's Virtual Drive Test Wins Fierce Network Innovation Award

TEL AVIV, Israel, January 29, 2025 - RADCOM Ltd. (Nasdaq: RDCM) has announced that its innovative solution, the Virtual Drive Test, has won the coveted Fierce Network Innovation Award in the Network Test and Measurement category. This recognition underscores RADCOM's commitment to transforming how telecom operators conduct network testing and measurement.

The RADCOM Virtual Drive Test leverages advanced artificial intelligence (AI) to offer unparalleled insights into subscriber experiences. One of its distinguishing features is its ability to reconstruct transportation routes and assign quality scores to different segments without relying on traditional GPS or geographical data. This innovative approach not only provides a deeper understanding of customer experiences but also significantly minimizes environmental impact by reducing the need for physical drive tests.

Benny Eppstein, the CEO of RADCOM, expressed his gratitude for the recognition, stating, "We are honored to be recognized by Fierce Network for this award, which acknowledges RADCOM's innovative technology. Our Virtual Drive Test solution that leverages advanced AI capabilities combined with our best-in-class 5G assurance platform positions us to meet the evolving needs of our customers as they continue to roll out 5G networks."

The 2024 Fierce Network Innovation Awards highlight the visionaries and innovators who are making waves in the network communications industry. The awards recognize those who demonstrate exceptional potential to achieve cost savings, enhance customer engagement, and revolutionize network capabilities.

RADCOM’s Virtual Drive Test continuously gathers and analyzes vital network data without the need for engineers to be present in the field. This marks a significant advancement over previous methods that depended on manual drives to various locations. The solution offers comprehensive insights into network performance across various environments, including highways, urban areas, and rural landscapes. By utilizing real customer data, RADCOM’s system identifies critical network issues and provides a more authentic understanding of traffic patterns, thereby enhancing overall service quality.

“For telecom operators, the ability to gain real-time insights into their network performance without disruptive field testing is game-changing,” said Eppstein. The company’s innovative technology embodies a shift towards a more efficient and sustainable approach to network testing as 5G networks continue to proliferate globally.

For inquiries related to investor relations, you can reach contact Miri Segal at MS-IR LLC, through phone number 917-607-8654 or email at [email protected] Additionally, CFO Hadar Rahav can be contacted at +972-77-7745062 or via email at [email protected]

About RADCOM

RADCOM (Nasdaq: RDCM) is a recognized leader in providing 5G-ready cloud-native network intelligence solutions tailored for telecommunications operators transitioning to next-generation networks. The RADCOM Network Intelligence suite offers a comprehensive range of intelligent, container-based, on-demand solutions designed to optimize network performance from the Radio Access Network (RAN) to the core for 5G assurance.

By harnessing automated solutions and machine learning techniques, RADCOM enables operators to achieve insights into customer experiences and troubleshoot network performance across various levels, efficiently. Their efforts not only aim to improve performance but also reduce storage costs and cloud resource utilization.

For more information on how to enhance your network's performance with RADCOM, please visit www.radcom.com. Please note that the information does not constitute a part of this press release.

Risks Regarding Forward-Looking Statements

The statements made in this announcement that use terms like “estimate,” “project,” “intend,” “expect,” “believe,” and similar expressions may qualify as forward-looking statements under the Private Securities Litigation Reform Act of 1995 and other relevant laws. These statements involve risks and uncertainties that could cause actual results to differ significantly from the expressed or implied forecasts. Changes in economic conditions, market demands, and the competitive landscape are among the uncertainties that could impact the outcomes discussed.

RADCOM does not undertake any obligation to revise or update these forward-looking statements for any reason, and reference to its reports filed with the U.S. Securities and Exchange Commission should be made for additional risk factors.