Ceragon Expands Its Reach into Indochina

Awarded a $3.5 million wireless backhaul equipment order for one of the leading national mobile operators in the region

TEL AVIV, Israel, May 27, 2008 - Ceragon Networks Ltd. (NASDAQ and TASE: CRNT), a leading provider of high-capacity Ethernet and TDM wireless backhaul solutions, today announced that has received orders for its advanced FibeAir® solutions to be deployed by a leading mobile operator in one of Indochina's emerging markets. Valued at $3.5 million in revenue, the recent equipment orders signify Ceragon's continuing expansion into new markets and its growing footprint in the Asia-Pacific region.

According to a report from Heavy Reading Research, Asia accounted for 50% of the world's mobile base stations in 2007. The report also finds that with ongoing GSM rollout in emerging markets, Asia will grow its share of the total cell site market to 55% by 2011.

"The demand for more bandwidth, whether for voice or combined voice/data applications, shows no signs of slowing down", said Ira Palti, President and CEO of Ceragon. "Asia has some of the fastest growing national mobile markets in the world and we are extremely proud to be successful in penetrating more and more of them. Ceragon continues to take an active role in the expansion of high-capacity networks in Asia and we consider our activity in the region it to be one of the main drivers behind our business success".

Ceragon FibeAir solutions for TDM networks feature upgradeable capacities ranging from 45 to 622 Mbps. These market-leading solutions enable mobile carriers to successfully meet the challenges of increased network traffic with a cost-efficient, high-capacity wireless backhaul solution. With state-of-the-art technology the common hardware platform supports multiple capacities, frequencies and configurations, making the FibeAir family ideal for a broad range of network applications, ensuring simple network expansion.

About Ceragon Networks Ltd.
Ceragon Networks Ltd. (NASDAQ and TASE: CRNT) is a leading provider of high capacity wireless backhaul solutions that enable wireless service providers to deliver voice and premium data services, such as Internet browsing, music and video applications. Ceragon's wireless backhaul solutions use microwave technology to transfer large amounts of network traffic between base stations and the infrastructure at the core of the mobile network. Ceragon designs solutions to provide fiber-like connectivity for circuit-switched, or SONET/SDH, networks, next generation Ethernet/Internet Protocol, or IP-based, networks, and hybrid networks that combine circuit-switched and IP-based networks. Ceragon's solutions support all wireless access technologies, including GSM, CDMA, EV-DO and WiMAX. These solutions address wireless service providers' need to cost-effectively build-out and scale their infrastructure to meet the increasing demands placed on their networks by growing numbers of subscribers and the increasing demand for premium data services. Ceragon also provides its solutions to businesses and public institutions that operate their own private communications networks. Ceragon's solutions are deployed by more than 150 service providers of all sizes, as well as in hundreds of private networks, in nearly 100 countries. More information is available at www.ceragon.com