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Radisys Secures $5 Million Order from Large Asian Customer

HILLSBORO, Ore.--(BUSINESS WIRE)--Radisys Corporation (NASDAQ: RSYS), a global leader of open telecom solutions, today announced the Company has received an approximately $5 million order for MediaEngine product from its large Asian customer, of which roughly $4 million is expected to be shipped in the fourth quarter of 2017, with the remainder of the order to be fulfilled in early 2018. In addition, Radisys announced that this customer recently made a cash payment of approximately $4.7 million against an existing accounts receivable balance.