Ceragon Networks Signs OEM Agreement with Datang Telecom Technology Co. Ltd

1/16/2003 - Ceragon Networks Ltd. (NASDAQ: CRNT), www.ceragon.com, a global provider of high-capacity broadband wireless systems, announced that it signed an OEM agreement with Datang Telecom Technology Co. Ltd. (Datang), China's leading wireless telecommunications equipment provider.

Under the terms of agreement, Datang will expand its solution portfolio using Ceragon's FibeAirTM product family to meet the increased wireless transmission requirements for high capacity metropolitan access and cellular backhaul applications.

"The Chinese telecom market is increasing at a very rapid pace," said Jia Yali, vice president, Datang Telecom Technology Co. Ltd. and general manager of Datang's Radio Communications Branch. "As a provider of high-capacity broadband wireless systems, we need to meet the Chinese operators' growing needs for flexible and rapidly implemented technology. Datang selected Ceragon for its critical and state-of-the-art technology and its ability to cooperate in the Chinese market."

"This strategic agreement with Datang demonstrates our position as today's leading wireless equipment provider for networks worldwide," said Shraga Katz, president and CEO, Ceragon Networks Ltd. " Enhancing our operations and broadening our path into the Chinese market is further proof that we are meeting our geographic diversification strategy."

Ceragon entered the Chinese telecom market in 2001. Since that time, the company has continued to expand it operations throughout the Asia-Pacific region.

About Ceragon Networks Ltd.
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 FibeAirTM 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 a built-in SONET/SDH add-drop multiplexer (ADM). More information is available at www.ceragon.com.

Ceragon Networks® and CeraView®, are registered trademarks of Ceragon Networks Ltd., and CeragonTM, FibeAirTM, ConfigAirTM, CeraMonTM, EtherAirTM, QuickAirTM, QuickAir Partner ProgramTM, QuickAir Partner Certification ProgramTM, QuickAir Partner ZoneTM, EncryptAirTM and Microwave FiberTM are trademarks of Ceragon Networks Ltd.

About Datang Telecom Technology
Datang Telecom Technology (DTT) Co., Ltd. is a high-tech enterprise owned by the MII's (Ministry of Information Industry) CATT (China Academy of Telecom Technology). Formed in 1998, Datang is a leading Chinese telecom equipment supplier with its own intellectual property rights. Currently the brand "Datang" covers nine major product lines such as telephone switching systems, NGN/soft switching systems, transmission systems, general access systems, mobile communication systems, digital communication systems, service provider operating systems, integrated electronic products and terminal products. Products are broadly used by ILEC/CLEC, cellular and enterprises including the military and are exported to Central and Southeast Asia, Europe and Americas.

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