Ceragon Networks Awarded 2002 Product Of The Year By Internet Telephony Magazine

1/22/2003 - Ceragon Networks Ltd. (NASDAQ: CRNT), www.ceragon.com, a global provider of high-capacity broadband wireless systems, announced that its fixed wireless system with a built-in SONET/SDH add-drop multiplexer (ADM) was awarded 2002 "Product of the Year" by Internet Telephony® magazine.

An industry first, Ceragon's break-through built-in ADM is optimal for cellular, metropolitan and private infrastructure networks. By integrating ADM functionality into the FibeAirTM product family, Ceragon is enabling operators to meet increasing capacity demands by facilitating the transition to SONET/SDH networks.

"Ceragon is a clear leader in the fixed broadband wireless sector. We're proud to reward their hard work and innovation with a Product of the Year Award for 2002," said Rich Tehrani, president of TMC and group editor-in-chief of Internet Telephony.

"This award, from a prime industry publication, reinforces our position as a leading solutions provider for high-capacity connectivity," said Shraga Katz, president and CEO, Ceragon Networks Ltd. "Our unique built-in ADM further expands our technology advantages and dramatically reduces installation and maintenance costs."

Ceragon's FibeAir family with built-in ADM is a one-box (1U) solution for OC-3/STM-1 (155 Mbps) multiplexed data transmission, operating in the 6-38 GHz frequency bands. The system provides up to 32 T-1/E-1 tributary interfaces per site for added flexibility and ease of planning, and is capable of integration with other vendor equipment in any network that is using external ADMs. It can be used in pure SONET/SDH wireless networks or in mixed (wired and wireless) networks. The system supports path protection in ring topologies and implements in-band management. Ceragon's built-in ADM is available in both the 16 and 128 QAM FibeAir systems.

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.

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