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Press Release Source: Ceragon Networks Ltd.

Ceragon Networks and Nokia Sign OEM Agreement
Monday January 9, 5:01 am ET
Nokia to Broaden its High Capacity Radio Solutions for Cellular Infrastructure With the FibeAir Product Family

TEL AVIV, Israel, January 9 /PRNewswire-FirstCall/ -- Ceragon Networks Ltd. (NASDAQ: CRNT - News), www.ceragon.com, a global provider of high-capacity broadband wireless systems, today announced that it signed an original equipment manufacturer (OEM) agreement with Nokia, a world leader in mobile communications.

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Under the agreement, Nokia will include Ceragon`s high-capacity FibeAir family with its microwave radio product portfolio as Nokia PowerHopper Vario to provide complete cellular transmission networking solutions. This OEM agreement is the outcome of several years of successful integration of Ceragon`s SDH radio products into Nokia`s global transmission solutions.

"Nokia`s decision to strengthen its relationship with Ceragon reflects the rising demand for high-capacity radio solutions," said Ira Palti President and CEO, Ceragon Networks Ltd. "We are confident that our industry-proven SDH radios will add value to Nokia`s portfolio and help deliver a complete solution to their customer base. This agreement with Nokia is a significant step towards globally promoting our state-of-the-art FibeAir family of products."

Ceragon`s FibeAir products are perfectly suited to answer the growing demand for 3G converged networks that provide data-rich applications and services requiring high-capacity backhaul solutions.

"Our product synergy, with Ceragon`s radios, allows Nokia to answer cellular service providers` calls for a complete solution ranging from low to ultra-high capacity connections," said Mr. Risto Valtonen, General Manager, Cellular Transmission, Nokia Networks. "Ceragon has a market leading position in the cellular backhauling network business. This agreement will enhance our full system capabilities by broadening our high capacity product offering to our system customers."

About Nokia

Nokia is a world leader in mobile communications, driving the growth and sustainability of the broader mobility industry. Nokia connects people to each other and the information that matters to them with easy-to-use and innovative products like mobile phones, devices and solutions for imaging, games, media and businesses. Nokia provides equipment, solutions and services for network operators and corporations. www.nokia.com

About Ceragon Networks Ltd.

Ceragon Networks Ltd. (NASDAQ and TASE: CRNT), a pacesetter in broadband wireless networking systems, enables rapid and cost-effective high-capacity network connectivity for mobile cellular infrastructure, fixed networks, private networks and enterprises. Ceragon`s modular FibeAir® product family operates across multiple frequencies, supports integrated high-capacity services over SONET/SDH, ATM and IP networks, and offers innovative built-in add/drop multiplexing and encryption functionality to meet the growing demand for value-added broadband services. Ceragon`s FibeAir product family complies with North American and international standards, and has been installed for more than 150 customers in more than 60 countries. More information is available at www.ceragon.com.

Ceragon Networks®, CeraView®, FibeAir® and the FibeAir® design mark are registered trademarks of Ceragon Networks Ltd. Ceragon(TM), CeraMap(TM), PolyView(TM), ConfigAir(TM), CeraMon(TM), EtherAir(TM), QuickAir(TM), QuickAir Partner Program(TM), QuickAir Partner Certification Program(TM), QuickAir Partner Zone(TM), EncryptAir(TM) and Microwave Fiber(TM) are trademarks of Ceragon Networks Ltd.

This press release may contain statements concerning Ceragon`s future prospects that are "forward-looking statements" under the Private Securities Litigation Reform Act of 1995. These statements are based on current expectations and projections that involve a number of risks and uncertainties. There can be no assurance that future results will be achieved, and actual results could differ materially from forecasts and estimates. Important factors that could cause actual results to differ materially from forecasts and estimates include: Ceragon`s limited operating history and history of losses; Ceragon`s dependence on a limited number of key customers, independent manufacturers and suppliers; and the demand for Ceragon`s products and technology. These risks and uncertainties, as well as others, are discussed in greater detail in Ceragon`s Annual Report on Form 20-F and Ceragon`s other filings with the Securities and Exchange Commission. Forward-looking statements speak only as of the date on which they are made and Ceragon undertakes no commitment to revise or update any forward-looking statement in order to reflect events or circumstances after the date any such statement is made.

Company Contact:

Monique Cohen
Ceragon Networks Ltd.
[phone]
[e-mail]

Investor Contact:

Vered Shaked
Ceragon Networks Ltd.
[phone]
[e-mail]

[Raudy]

Hab ich doch gesagt, daß hier was geht. Aktuell 15% plus.