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TEL AVIV, Israel, Sept. 6, 2024 /PRNewswire/ — RADCOM Ltd. (Nasdaq: RDCM) introduced nowadays that later 14 years, Ms. Heli (Rachel) Bennun has made up our minds to step i’m sick from her function as Govt Chairman, efficient December 31, 2024. The Corporate’s Board of Administrators has nominated Mr. Sami Totah because the then Chairman, efficient January 1, 2025, and topic to election as a director on the nearest annual normal assembly of shareholders.
Ms. Bennun has served as Govt Chairman of the Board since 2015. Right through her tenure, the Corporate has skilled noteceable expansion, evolving into a powerful, wholesome, and winning expansion corporate. The Corporate is thankful for her steering and revel in, which were instrumental in effectively transitioning to starting the Corporate as a well-known automatic oath corporate within the 5G marketplace with a best-in-class cloud-based answer.
In a commentary, Ms. Bennun remarked, “After nearly a decade as Executive Chairman, I feel it’s the right time for me to move on. I have tremendously enjoyed working with the wonderful people and the management team at RADCOM. I am proud of our significant milestones, including expanding our customer base to encompass some of the world’s most innovative telecom operators. I’m committed to ensuring a seamless transition before I step down.”
“I am confident that Sami, with his vast experience and skills, will play an integral role as Chairman in driving value for our stakeholders. His extensive strategic and operational expertise will be invaluable” mentioned Ms. Bennun.
Mr. Totah added, “I am honored to be selected for this role and to have the opportunity to work alongside my fellow directors and the management team to advance the Company’s strategic initiatives, enhance long-term stakeholder value, and drive customer satisfaction. I look forward to contributing to the Company’s continued success and growth.”
“I want to thank Heli for her tireless efforts in guiding the Company toward growth and profitability. I would also like to express our gratitude for her meaningful contributions over the years and wish Heli continued success,” Mr. Totah concluded.
About Sami Totah
Mr. Totah has served as a director of the Corporate since June 2024. Mr. Sami Totah is a extremely achieved govt with over 35 years of world control experience and a confirmed monitor file of well-known and serving tier-one telecom giants globally. All the way through his occupation, he has demonstrated experience in using sustainable expansion and turning in corporate good fortune via his strategic optical and management abilities. Sami has served as a board member in different publicly traded corporations at the Nasdaq and TASE.
From 2008 till 2023, Mr. Totah was once a normal spouse at Viola Enlargement, a prestigious personal fairness/expansion company making an investment in hi-tech, particularly in corporations at their expansion degree. As a normal spouse, Sami has invested in diverse corporations and acted as a board member, aiding them on their highway to good fortune.
Prior to Viola Enlargement, Mr. Totah served as an energetic chairman in different hi-tech corporations, particularly with Sheer Networks, which Cisco effectively bought for $123 million, Purple Bend Tool, which was once offered to Harman Industries, and Endurance Tool, which was once offered to Kedma Capital.
All the way through the years, Mr. Totah has served as a board member in different publicly traded corporations at the Nasdaq and TASE, particularly ECTEL, Itamar Scientific, Gaon Holdings Crew, and Pilat Media (AIM: PGB).
Mr. Totah labored for Amdocs between 1984 and 2002, retiring from his endmost function as Senior VP of Operations. Prior to, he served as President of Amdocs’ Buyer Help and Billing Category for 4 years, all over which the category skilled noteceable expansion, with revenues hovering from $170 million to $430 million and the worker bottom increasing to over 1,700.
For all investor inquiries, please touch:
Investor Members of the family:
Miri Segal
MS-IR LLC
917-607-8654
[email protected]
Corporate Touch: Hadar Rahav
CFO
+972-77-7745062
[email protected]
About RADCOM
RADCOM (Nasdaq: RDCM) is the well-known knowledgeable in 5G-ready cloud-native, community wisdom answers for telecom operators transitioning to 5G. RADCOM Community Logic is composed of RADCOM Community Visibility, RADCOM Provider Pledge, and RADCOM Community Insights. The RADCOM Community Logic suite do business in clever, container-based, on-demand answers in order community research from the RAN to the core for 5G oath. Using automatic and dynamic answers with mischievous minimum information assortment and on-demand troubleshooting, and state-of-the-art tactics in response to gadget finding out, those answers paintings in solidarity to grant operators with an figuring out of all the buyer revel in and make allowance them to troubleshoot community efficiency from a top to granular degree future decreasing bank prices and cloud useful resource usage. For more info on the best way to RADCOMize your community nowadays, please seek advice from www.radcom.com, the content material of which doesn’t mode part of this press drop.
Dangers Referring to Ahead-Having a look Statements
Positive statements made herein that significance phrases similar to “estimate,” “project,” “intend,” “expect,” “‘believe,” “may,” “might,” “potential,” “anticipate,” “plan” or indistinguishable expressions are supposed to spot forward-looking statements throughout the which means of the Non-public Securities Litigation Reform Business of 1995 and alternative securities rules. As an example, when the Corporate discusses advancing strategic projects, bettering stakeholder worth, using buyer pride and the election of Mr. Totah as a director on the nearest shareholders assembly of the Corporate, it makes use of forward-looking statements. Those forward-looking statements contain recognized and unknown dangers and uncertainties that would purpose the original effects, efficiency, or achievements of the Corporate to be materially other from the ones that can be expressed or implied by way of such statements, together with, amongst others, adjustments generally financial and trade situations and particularly, abate in call for for the Corporate’s merchandise, incapability to well timed form and introduce fresh applied sciences, merchandise, and packages, lack of marketplace percentage and force on costs as a consequence of festival and the consequences of the struggle in Israel. For supplementary knowledge referring to those and alternative dangers and uncertainties related to the Corporate’s trade, reference is made to the Corporate’s reviews filed from hour to hour with the U.S. Securities and Alternate Fee. The Corporate does no longer adopt to revise or replace any forward-looking statements for any explanation why.
SOURCE RADCOM Ltd.
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