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Radcom Ltd.

Radcom Ltd. is listed on NASDAQ (RDCM). RADCOM Ltd. was incorporated in 1985 under the laws of the State of Israel. Our principal executive offices are located at 24 Raoul Wallenberg Street, Tel Aviv 69719, Israel, and our telephone and fax numbers are 972-3-645-5055 and 972-3-647-4681, respectively. Our website is www.radcom.com. Information on our website and other information that can be accessed through it are not part of or incorporated by reference into this annual report. In 1993, we established a wholly-owned subsidiary in the United States, RADCOM Equipment, Inc., a New Jersey corporation. RADCOM Equipment, Inc. is located at 6 Forest Avenue, Paramus, New Jersey 07652 and its telephone number is (201) 518-0033. In 1996, we incorporated a wholly-owned subsidiary in Israel, RADCOM Investments (1996) Ltd., located at our office in Tel Aviv, Israel.

Radian Group Inc.

Radian Group Inc. is listed on NYSE (RDN). Radian Group Inc. is a credit enhancement provider to the global financial and capital markets. Our subsidiaries provide products and services through three primary business lines: mortgage insurance, financial guaranty and other financial services. Our mortgage insurance business provides private mortgage insurance and risk management services to mortgage lending institutions. Our financial guaranty business provides guaranties for full and timely payment of principal and interest when due, to the holders of public and structured finance obligations and provides credit protection in the form of credit default swaps, and reinsures public finance, structured finance and trade credit obligations.

Schawk Inc. .. in one operating business segment, Digital Imaging Graphics Arts, that serves consumer products packaging, advertising and promotional markets. The C..

Sykes Enterprises Incorporated ..ubsidiaries (Sykes, our, us) is a global leader in providing outsourced customer contact management solutions and services in the business process out..

StanCorp Financial Group Inc. ..y reference in this Annual Report on Form 10-K, including those relating to the Company's strategy and other statements that are predictive in nature,..

Shiloh Industries Inc. ..organized in 1993. Unless otherwise indicated, all references to the Company or Shiloh refer to Shiloh Industries, Inc. and its consolidated subsidiar..

SL Industries Inc. ..nufactures and markets power electronics, power motion, power protection, teleprotection and specialized communication equipment that is used in a var..

Sonic Solutions .. digital media - that is, data, photographs, audio, and video in digital formats. Our product lines focus particularly on the two most successful opti..

Sonic Innovations Inc. ..mpany. We design, develop, manufacture and market advanced digital hearing aids intended to provide the highest levels of satisfaction for hearing imp..

Spectrum Control Inc. ..rein, the following discussion contains forward-looking statements that involve risks and uncertainties. The Company intends these forward-looking sta..

Southern Missouri Bancorp Inc. ..s state of incorporation to Missouri on April 1, 1999, was originally incorporated in Delaware on December 30, 1993 for the purpose of becoming the ho..

Steel Dynamics Inc. .. operates three steelmaking mini-mills. We produce our steel principally from steel scrap, using electric arc melting furnaces, continuous casting and..

SYNERGX Systems Inc. ..laware corporation organized in October 1988 to acquire controlling interests in companies engaged in the design, manufacture, distribution, sale and ..

Student Loan Corporation (The) ..d services student loans. The Company is one of the nations largest originators and holders of guaranteed student loans made under the federal Higher ..

Tandy Brands Accessories Inc. ..er of branded men's, women's and children's accessories, including belts and small leather goods, such as wallets. Our product line also includes hand..

Texas Industries Inc. ..ed a plan to spin off our wholly-owned steel operations in order to permit our cement, aggregates and concrete, or CAC, business and our steel busines..

24-7 Real Media Inc. ..nd software products and services for the online advertising needs of Web publishers and advertisers, including Web representation, search engine mark..

Tektronix Inc. ..ices test, measurement and monitoring solutions to a wide variety of customers in many industries, including computing, communications, semiconductors..

Tenneco Automotive Inc. ..e worlds leading manufacturers of automotive emission control and ride control products and systems. Our company serves both original equipment vehicl..

TriQuint Semiconductor Inc. ..r, or our company) is a supplier of high performance components and modules for communications applications. Our focus is on the specialized expertise..

Transatlantic Holdings Inc. .. incorporated in the state of Delaware. Originally formed in 1986 under the name PREINCO Holdings, Inc. as a holding company for Putnam Reinsurance Co..

TheStreet.com Inc. ..d subsidiaries (collectively), operates its businesses in two segments, electronic publishing and securities research and brokerage. Our electronic pu..

Grupo Televisa S.A. ..ited liability stock corporation, which was organized under the laws of Mexico in accordance with the Ley General de Sociedades Mercantiles, or Mexica..

United Fire & Casualty Company ..ted Fire & Casualty Company or United Fire & Casualty Company and its consolidated subsidiaries and affiliate, as the context requires. We are engaged..

United Natural Foods Inc. ..nd organic foods and related products in the United States. We believe that we are the primary distributor of natural and organic products to a majori..

UST Inc. ..ware corporation to serve as a new publicly-held holding company for United States Tobacco Company (USTC), which was formed in 1911. Pursuant to a reo..

Nevada Gold & Casinos Inc. .. was formed in 1977 and, since 1994 has been primarily a gaming company involved in financing, developing, owning and operating commercial gaming proj..

VSE Corporation ..nt company primarily serves as a centralized management and consolidating entity for the business operations conducted by the Companys wholly owned su..

Valor Communications Group Inc. ..e of the largest providers of telecommunications services in rural communities in the southwestern United States and, based on the number of telephone..

Ventas Inc. ..in 1985. We own a geographically diverse portfolio of healthcare and senior housing facilities which, as of December 31, 2004, consisted of 201 skille..

WD-40 Company ..ly one petroleum-based product, known as WD-40. WD-40 is a multi-purpose product which acts as a lubricant, rust preventative, penetrant, cleaner and ..

Wireless Facilities Inc. ..tion regarding Managements Discussion and Analysis of Financial Condition and Results of Operations) contains forward-looking statements regarding our..

W.P. Carey & Co. LLC ..visory company that invests in commercial properties leased to companies domestically and internationally, and earns fees as the advisor to affiliated..

WSFS Financial Corporation ..ft holding company headquartered in Wilmington, Delaware. Substantially all of the Corporations assets are held by its subsidiary, Wilmington Savings ..

XETA Technologies Inc. .., or our), an Oklahoma corporation formed in 1981, is a leading provider of enterprise-class communications solutions. We specialize in providing thes..

York Water Company (The) ..the laws of the Commonwealth of Pennsylvania in 1816. The business of the Company is to impound, purify and distribute water. The Company operates ent..

AmREIT Inc ..EIT) and has elected to be taxed as a REIT for federal income tax purposes. The Company is a fully integrated, self managed equity REIT company with, ..

ACME Communications Inc. ..broadcast television stations in medium-sized markets across the United States. Eight of these television stations are network affiliates of The WB Te..

Acme United Corporation. ..aries the Company) was organized as a partnership in l867 and incorporated in l882 under the laws of the State of Connecticut. The Companys operations..

Advanced Life Sciences Holdings Inc. ..ooking statements that involve risks and uncertainties, as well as assumptions that, if they never materialize or prove incorrect, could cause the res..

Applied Industrial Technologies Inc. .. to Applied Industrial Technologies, Inc., an Ohio corporation. References to we, us, our, and the company refer to Applied and its subsidiaries. The ..

ABM Industries Incorporated ..rgest facility services contractors listed on the New York Stock Exchange. With annual revenues in excess of $2.4 billion and approximately 70,000 emp..

Alaska Communications Systems Group Inc. ..ications Systems Group, Inc. and its consolidated subsidiaries (we, our, us the Company, and ACS Group) on Forms 10-K, 10-Q and 8-K and the documents ..

AMDL INC ..any, involved in both the detection and treatment of cancer. Hospital, clinical, research and forensic laboratories and doctors' offices may use our p..

Ampco-Pittsburgh Corporation ..Pennsylvania in 1929. The Corporation, individually or together with its consolidated subsidiaries, is also referred to herein as the Registrant. The ..

Anchor BanCorp Wisconsin Inc. .. a registered savings and loan holding company incorporated under the laws of the State of Wisconsin and is engaged in the savings and loan business t..

Atlas Pipeline Partners L.P. ..STATEMENTS REGARDING EVENTS AND FINANCIAL TRENDS WHICH MAY AFFECT OUR FUTURE OPERATING RESULTS AND FINANCIAL POSITION. SUCH STATEMENTS ARE SUBJECT TO ..

Arch Chemicals Inc. ..ls manufacturer which supplies value-added products and services to many industries on a worldwide basis. The principal business segments in which the..

Aastrom Biosciences Inc. ..development of the ex vivo production and sale of proprietary human cell products for use in cell therapy and tissue regeneration. Our pre-clinical an..

ATMI Inc. .. delivery systems and high-purity materials packaging products used worldwide in the manufacture of semiconductor devices. ATMI specifically targets t..

Audiovox Corporation ..incorporated herein by reference contain forward-looking statements based on expectations, estimates and projections as of the date of this filing. Ac..

Avatar Holdings Inc. .. of Delaware in 1970. Our principal executive offices are located at 201 Alhambra Circle, Coral Gables, Florida 33134 (telephone (305) 442-7000). We a..

Credicorp Ltd. ..ted in Bermuda in 1995 to act as a holding company, coordinate the policy and administration of its subsidiaries and engage in investing activities. C..

FLEET CAP TR VIII .. financial services company organized under the laws of the State of Rhode Island. Unless otherwise indicated or unless the context requires otherwise..

Big Dog Holding Inc. ..Annual Report on Form 10-K refers to we, us or the Company, we are referring to Big Dog Holdings, Inc. and its subsidiaries on a consolidated basis. T..

BankUnited Financial Corporation ..1993 as the holding company for BankUnited, FSB, the largest banking institution headquartered in Florida based on assets. (As used in this Form 10-K,..

Birch Mountain Resources Ltd. ..ment of Birch Birch was formed under the provisions of the ABCA, by amalgamation of one of Birchs predecessors, also named Birch Mountain Resources Lt..

Bonso Electronics International Inc. .. August 8, 1988 as a limited liability International Business Company under the laws of the British Virgin Islands under the name Golden Virtue Limite..

BRUNSWICK BANCORP .. bank holding company registered under the Bank Holding Company Act of 1956, as amended (the Bank Holding Company Act). BB was organized under the law..

BioVeris Corporation ..which we refer to in this Form 10-K as Roche, consummated a merger and certain related transactions, which we refer to in this Form 10-K as the merger..

Chemgenex Pharmaceuticals Ltd .. Finance and Development Corporation. It was renamed the Kingsway Finance Group in August 1964 and then became Australia Wide Industries Limited in Ma..

Centennial Bank Holdings Inc. ..holding company and a bank holding company registered under the Bank Holding Company Act of 1956, as amended. Our principal business is to serve as a ..

Commerce Energy Group Inc ..dependent energy provider of retail electric power and natural gas supply to residential, commercial, industrial and institutional customers in nine s..

Claude Resources Inc. ..e corporation under the Canada Business Corporations Act (the CBCA) on March 26, 1980 and was converted to a public company by Articles of Amendment d..

Casual Male Retail Group Inc. ..ubsidiaries is the largest specialty retailer of big & tall men's apparel with retail operations throughout the United States, Canada and London, Eng..

COMSYS IT Partners Inc. ..e requires, all references in this report to COMSYS, the Company, us, our or we are to COMSYS IT Partners, Inc., a Delaware corporation formed in July..

Central Virginia Bankshares Inc. ..res, Inc. was incorporated as a Virginia corporation on March 7, 1986, solely to acquire all of the issued and outstanding shares of Central Virginia..

Desarrolladora Homex ..A. de C.V. is a corporation (sociedad anónima de capital variable) registered in Culiacán, Sinaloa, Mexico under the Mexican Companies Law (Ley Genera..

DTE Energy Company ..ichigan. Our utility operations consist primarily of Detroit Edison and MichCon. We also have numerous non-utility subsidiaries engaged in energy mark..

NIC Inc. ..ps governments use the Internet to reduce costs and provide a higher level of service to businesses and citizens. We accomplish this currently through..

Embratel Participacoes SA ..argest telecommunications services providers, operating domestic and international long distance, data communications and local services. Embratel Hol..

Franklin Credit Management Corp ..ily engaged in the acquisition, origination, sale, servicing and resolution of performing, sub-performing and non-performing residential mortgage loan..