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RAD GLOBAL SALES GROW BY MORE THAN 12%
29 May 2007 - RAD Data Communications Ltd
| Privately held RAD Data Communications, now celebrating its 25th anniversary as a leading manufacturer of network access equipment for data communications and telecommunications applications, has announced that its consolidated revenues reached $168 million, an increase of more than 12 percent over the previous year's figures. |
At the same time, RAD marked another major milestone when the total number of its products that have been deployed worldwide surpassed the ten million mark. Expanded International Network of PartnersNorth America remained RAD's largest market. RAD's international network of partners expanded during the course of the year, with new distributors signing on in Australia, China, Germany, France, Ghana, Japan, Poland, South Africa, and the United Kingdom, among other countries. "The company's sales growth reflects strong channel results over a broad geographical area, our success in winning a number of key tenders and a respectable market penetration for our new line of Ethernet access solutions," states Efraim Wachtel, President and CEO of RAD Data Communications. "Our growth level, which was impressive in comparison to the industry as a whole, makes us very optimistic," Wachtel continues. "We will broaden our focus in the year ahead by expanding our carrier-class solutions for Ethernet access over any infrastructure, cellular backhaul, voice traffic optimization, pseudowire emulation, and multiservice applications over fiber." Any Technology over Any InfrastructureThe company works closely with prominent carriers and service providers to supply system solutions and expertise for building public and private access networks for virtually any technology over any infrastructure. RAD's customers also include banks and financial institutions, universities and other educational institutions, government agencies, heavy industry, the military, public utilities, and transportation authorities. "Our quarter-century of growth has been the result of a unique synthesis of technology, products and support, joined by the commitment and dedication of our partners around the world," Wachtel concludes.
http://www.rad.com
About: RAD Data Communications Ltd
Founded in 1981, RAD Data Communications is now marking 25 years of innovation as an industry leader in the development of access solutions for data and telecommunications applications. RAD's solutions serve the data and voice access requirements of service providers, incumbent and new carriers, and enterprise networks, by reducing infrastructure investment costs while boosting competitiveness and profitability. The company's installed base exceeds 9,000,000 units and includes more than 150 carriers and operators around the world. These customers are supported by 23 RAD offices and more than 200 distributors in 164 countries. www.rad.com RAD is a member of the RAD Group of companies, a world leader in networking and internetworking product solutions. |
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