Ceragon Receives Orders From Major Latin America Mobile Operator to Provide High-Capacity Backhaul
Expanded Bandwidth Capabilities Provided by Evolution Series IP Long-Haul
PARAMUS, New Jersey, December 14, 2011/PRNewswire-FirstCall/ --
Ceragon Networks Ltd. [http://www.ceragon.com ] (NASDAQ: CRNT
[http://www.ceragon.com/investor_relations.asp ]), the premier wireless backhaul
specialist, today announced that a leading mobile operator in the southern cone region of
Latin America has selected Ceragon to provide long-haul connectivity for new 3G sites and
increased capacity for its enterprise users. Ceragon is currently serving as the sole
supplier for these sites. Ceragon's Evolution IP Long-Haul will enable a higher level
capacity for Ethernet bandwidth and 2G/3G voice and data implementations across the
network, allowing for increased accessibility for the insatiable bandwidth growth within
Latin America.
"The expanded footprint in the southern cone helps strengthen Ceragon's role as a
primary backhaul solutions provider within the Latin American marketplace," said Ira
Palti, President & CEO of Ceragon Networks. "The need for high-capacity bandwidth for this
region is ever-increasing and we are committed to building a robust network capable of
meeting our customer's connectivity needs today and well into the future."
Evolution Series IP Long-Haul is a versatile and cost-effective multi-radio solution
for long distance, high capacity networks and is designed to meet both the current and
future needs. Consuming 30% less power than competing long-haul systems, the Evolution IP
Long-Haul allows for significant overall savings on the cost of electricity itself, while
adding efficient power and heat management capabilities.
The network rollout will commence in Q1 2012 and continue to run throughout the year.
About Ceragon Networks Ltd.
Ceragon Networks Ltd. (NASDAQ: CRNT) is the premier wireless backhaul specialist.
Ceragon's high capacity wireless backhaul solutions enable cellular operators and other
wireless service providers to deliver 2G/3G and 4G/LTE voice and data services that enable
smart-phone applications such as Internet browsing, music and video. With unmatched
technology and cost innovation, Ceragon's advanced point-to-point microwave systems allow
wireless service providers to evolve their networks from circuit-switched and hybrid
concepts to all IP networks. Ceragon solutions are designed to support all wireless access
technologies, delivering more capacity over longer distances under any given deployment
scenario. Ceragon's solutions are deployed by more than 230 service providers of all
sizes, and hundreds of private networks in more than 130 countries. Visit Ceragon at http://www.ceragon.com.
Ceragon Networks(R) is a registered trademark of Ceragon Networks Ltd. in
the United States and other countries. Other names mentioned are owned by their respective
holders.
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. These
are important factors that could cause actual results to differ materially from forecasts
and estimates. Some of the factors that could significantly impact the forward-looking
statements in this press release include the risk that Nera and Ceragon's businesses will
not be integrated successfully; the risk that any synergies from the transaction may not
be fully realized or may take longer to realize than expected; disruption from the Nera
transaction making it more difficult to maintain relationships with customers, employees
or suppliers, the risk that Nera business may not perform as expected, and other risks and
uncertainties, which 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. Ceragon's
public filings are available from the Securities and Exchange Commission's website at http://www.sec.gov or may be obtained on Ceragon's website at http://www.ceragon.com.
Media Contact:
Abigail Levy-Gurwitz
Ceragon Networks Ltd.
Tel: +1-201-853-0271
abigaill@ceragon.com
Media Contact:
Karen Quatromoni
Rainier Communications
Tel. +1-508-475-0025 x150
kquatromoni@rainierco.com
Company and Investor Contact:
Yoel Knoll
Ceragon Networks Ltd.
Tel: +1-201-853-0228
yoelk@ceragon.com