Ceragon Networks'™ Second Quarter Financial Results Scheduled For Release On July 25, 2002

7/9/2002 - Ceragon Networks Ltd. (NASDAQ: CRNT), www.ceragon.com, a global provider of high-capacity broadband wireless systems, today issued a reminder that the company's second quarter financial results will be reported on July 25, 2002.

Ceragon Networks plans to issue a press release announcing its results at approximately 8:00 a.m. EDT on Thursday, July 25, 2002. A conference call will follow, beginning at 11:00 a.m. EDT. Investors are invited to listen to the call live via the Internet by accessing Ceragon Networks' website at www.ceragon.com, selecting the web cast link and following the registration instructions. The link will be accessible through Monday, July 29, 2002.

Investors can also join the company's teleconference by calling (719) 867-0720 and referencing confirmation number 548501 at 10:50 a.m. EDT. The call-in lines will be available on a first-come, first-serve basis.

About Ceragon Networks
Ceragon Networks Ltd. (NASDAQ: CRNT), a pacesetter in broadband wireless networking systems, enables the rapid and cost-effective deployment of high-capacity network connectivity. Ceragon's FibeAir product family was uniquely designed for cellular operators, enterprises and communications service providers to progressively build networks to meet the growing demand for value-added broadband services. The modular FibeAir system operates across multiple frequencies from 7 to 38 GHz and supports integrated high-capacity services over IP, SONET/SDH and ATM networks. Ceragon's equipment complies with North American and international standards and is installed with over 100 customers in more than 35 countries. Ceragon was the first fixed wireless technology provider to break the 155 Mbps capacity barrier in high-frequency bands and the first to commercially deploy a wireless 311 Mbps system. Recently, Ceragon announced another industry first - a high capacity fixed wireless system with built-in SONET/SDH add-drop multiplexer (ADM). More information is available at www.ceragon.com

Ceragon Networks™, Ceragon™, FibeAir™, ConfigAir™, CeraView™, CeraMon™, EtherAir™, QuickAir™, QuickAir Partner Program™, QuickAir Partner Certification Program™, QuickAir Partner Zone™, EncryptAir™ and Microwave Fiber™ are trademarks of Ceragon Networks Ltd.

Linda Pitt
GAJ Services Inc

Daphna Golden (Investors)
Ceragon Networks Ltd.

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