Andre Fuetsch to be nominated to RADCOM's Board of Directors

Rhea-AI Summary

RADCOM Ltd. has nominated Andre Fuetsch to be elected as a director at the upcoming annual meeting of shareholders. Fuetsch, a telecom industry veteran, brings vast industry experience and business expertise to the Board. He has served in various senior executive positions at AT&T Inc., including as the Executive Vice President and CTO of Network Services. Fuetsch's election is subject to approval at the annual general meeting on August 3rd, 2023.

Positive

• Andre Fuetsch's nomination as a director brings valuable industry experience and expertise to RADCOM's Board of Directors. This could contribute significantly to the Company's strategy and future growth.

Negative

• None.

Previously served as AT&T's Executive Vice President & CTO of Network Services

TEL AVIV, Israel, July 6, 2023 /PRNewswire/ -- RADCOM Ltd. (Nasdaq: RDCM) ("RADCOM" or the "Company") announced that it has approved the nomination of Mr. Andre Fuetsch to be elected as a director at the Company's upcoming annual meeting of shareholders, as part of the invitation to shareholders meeting it filed on June 29th, 2023, with the Securities and Exchange Commission.

"We are excited that Mr. Andre Fuetsch has accepted our request to be nominated as a director to the Company's Board of Directors," said Ms. Heli (Rachel) Bennun, Executive Chairman of RADCOM's Board. "Andre will bring vast industry experience and wide business expertise to the Board, and I believe he will contribute significantly to the Company's strategy and future growth."

"I am happy to be nominated to RADCOM's Board of Directors and take on this role at such an exciting time for the Company," said Mr. Fuetsch. "5G continues to create opportunities for innovation, and I believe the Company has a strong portfolio, a talented technology team, and great potential for further growth in the 5G assurance market."

Mr. Fuetsch is a well-known veteran in the telecom industry, having served in various senior executive positions at AT&T Inc., the most recent of which was the Executive Vice President and CTO of Network Services. As part of his role, Mr. Fuetsch oversaw the global technology direction for AT&T, including network planning and innovation roadmap, and led AT&T Labs, AT&T Foundry, and the intellectual property organization.

In previous roles at AT&T since joining in 1995, Mr. Fuetsch supported and led several organizations responsible for software, systems, and network architecture, planning, and engineering, where he held six patents in network traffic optimization and database design. Mr. Fuetsch holds a bachelor's degree in Industrial Engineering and Operations Research from U.C. Berkeley and completed his graduate coursework in Computer Science at Stanford University.

Mr. Fuetsch will assume his role on the Board of Directors subject to his election at the Company's annual general meeting scheduled for August 3rd, 2023.

About RADCOM

RADCOM (Nasdaq: RDCM) is the leading expert in 5G ready cloud-native network intelligence solutions for telecom operators transitioning to 5G. RADCOM Network Intelligence consists of RADCOM Network Visibility, RADCOM Service Assurance, and RADCOM Network Insights. The RADCOM Network Intelligence suite offers intelligent, container-based, on-demand solutions to deliver network analysis from the RAN to the core for 5G assurance. Utilizing automated and dynamic solutions with smart minimal data collection and on-demand troubleshooting, and cutting-edge techniques based on machine learning, these solutions work in harmony to provide operators with an understanding of the entire customer experience and allow them to troubleshoot network performance from a high to granular level while reducing storage costs and cloud resource utilization. For more information on how to RADCOMize your network today, please visit www.radcom.com, the content of which does not form a part of this press release.

Risks Regarding Forward-Looking Statements

Certain statements made herein that use words such as "expect," "believe," "will," "plan," or similar expressions are intended to identify forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 and other securities laws. For example, when the Company discusses the potential election of Mr. Fuetsch as a director of the Company by the Company's shareholders, his potential contribution to the Company's growth strategy, and growth opportunities and innovation, it uses forward-looking statements. These forward-looking statements involve known and unknown risks and uncertainties that could cause the Company's actual results, performance, or achievements to be materially different from those that may be expressed or implied by such statements. 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 U.S. Securities and Exchange Commission. The Company does not undertake to revise or update forward-looking statements for any reason.

For all investor inquiries, please contact:

Investor Relations:
Miri Segal
MS-IR LLC
917-607-8654
msegal@ms-ir.com

Company Contact:
Hadar Rahav  
CFO  
+972-77-7745062 
hadar.rahav@radcom.com    

 

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SOURCE RADCOM Ltd.

FAQ

Who has been nominated as a director at RADCOM?

Andre Fuetsch has been nominated as a director at RADCOM.

What is Andre Fuetsch's background in the telecom industry?

Andre Fuetsch has served in various senior executive positions at AT&T Inc., including as the Executive Vice President and CTO of Network Services.

When is the annual general meeting where Fuetsch's election will be decided?

The annual general meeting is scheduled for August 3rd, 2023.