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Radisys Corp -RSYS NASDAQ MKT
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$2.92  0.02(1.74%)
- Radisys Announces Significant Order from Asian CarrierBusiness Wire(Tue, May 26)
Radisys Corporation (RSYS), the services acceleration company, today announced it has received a follow-on order of approximately $11 million for MediaEngine product from a large Asian carrier in support of its VoLTE network deployment. The order is expected to be fulfilled by Radisys over the course of the second and third quarters of 2015.
“We are energized by the opportunity to continue participating in the VoLTE deployment of this large Asian carrier, in addition to the broad acceleration we are seeing in the adoption of VoLTE and VoWiFi globally,” said Brian Bronson, Radisys President and CEO. “The deployment by this carrier also demonstrates the power of our common MediaEngine strategy, OneMRF, allowing communication service providers to deploy a single media processing platform to support a variety of multimedia services from 3rd party application providers.”
“Finally, this order gives us further confidence in meeting our 2015 financial targets, delivering $0.20 of non-GAAP earnings per share and growing our Software-Systems revenues by 20% year-on-year.”
About Radisys
Radisys (RSYS) helps communications and content providers, and their strategic partners, create new revenue streams and drive cost out of their services delivery infrastructure. Radisys’ service aware traffic distribution platforms, real-time media processing engines and wireless access technologies enable its customers to maximize, virtualize and monetize their networks.
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