ECI Telecom and Ceragon Partner to Deliver Integrated Solution for Wireless Backhaul - Joint solution offers integrated transport, microwave radio and management for wireless backhaul requirementsPETAH TIKVA and TEL AVIV, ISRAEL, June 4, 2008 – ECI Telecom Ltd., a global provider of networking infrastructure solutions, and Ceragon Networks Ltd. (NASDAQ and TASE: CRNT), a leading provider of high-capacity wireless backhaul solutions, today announced a partnership to provide a joint multi-service transport radio solution for carriers. The partnership, which strengthens the long-term cooperation between the two market-leading companies, addresses the demand for an end-to-end integrated wireline and wireless backhaul solution, and offers reduced time-to-market, improved manageability and lower integration costs. By expanding its offering with microwave radio, ECI meets customer requirements for high-capacity and cost-effective backhaul solutions and simplifies the deployment of future backhaul networks. Today's variety of mobile technologies and standards increase the complexity of these backhaul networks. The rising demand for wireless traffic, compounded by the lack of wireline infrastructure, the high cost of leased lines and time to market issues, requires a high-capacity backhaul solution that guarantees support for future needs. "Modern microwave with both TDM and high speed packet capabilities is necessary for mobile backhaul and other applications, so this partnership makes clear sense to bring together two leading companies in their respective fields," said Michael Howard, Principal Analyst and Co-founder of Infonetics Research. “ECI expands its transport offering with microwave capabilities, Ceragon extends its sales outreach, and their customers will benefit." To offer carriers an efficient solution with simplified administration, maintenance and provisioning for wireless transport networks, and therefore lower operating expenses, the joint offering is managed by ECI's LightSoft® management system. The joint multi- service transport radio combines ECI’s XDM® and Broad-Gate® Multi-Service Provisioning Platforms (MSPP) with Ceragon’s FibeAir® IP & SDH microwave technology. With the highest capacity radio transport in the market today – up to 500 Mbps over a single radio carrier, and a leading multiservice transport platform, the integrated multiservice transport radio solution provides a complete wireless backhaul solution for today’s 2G/3G networks, while allowing for a smooth migration to next-generation all-IP Radio Access Network (RAN) and wireless Ethernet. This migration is supported by Ceragon's Adaptive Modulation and native Ethernet capabilities, and by ECI's Integrated TDM, ATM and IP/MPLS capabilities, with virtual little cost to carriers. In addition, Ceragon's innovative radio link protection together with ECI's interface and network protection schemes provide carriers with a cost-effective and reliable option for wireless backhaul solution. -endAbout ECI Telecom ECI Telecom delivers innovative communications platforms to carriers and service providers worldwide. ECI provides efficient platforms and solutions that enable customers to rapidly deploy cost-effective, revenue-generating services. Founded in 1961, Israel-based ECI has consistently delivered customer-focused networking solutions to the world’s largest carriers. The Company is also a market leader in many emerging markets. ECI provides scalable broadband access, transport and data networking infrastructure that provides the foundation for the communications of tomorrow, including next-generation voice, IPTV, mobility and other business solutions. For more information, please visit www.ecitele.com. Certain statements contained in this release may contain forward-looking information with respect to plans, projections or future performance of the Company. By their nature, forward-looking statements involve certain risks and uncertainties including, but not limited to, product and market acceptance risks, the impact of competitive pricing, product development, commercialization and technological difficulties as well asand other risks detailed in the Company’s filings with the Securities and Exchange Commission. 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 2 Ceragon Networks®, CeraView®, FibeAir® and the FibeAir® design mark are registered trademarks of Ceragon Networks Ltd., and Ceragon™, PolyView™, ConfigAir™, CeraMon™, EtherAir™, QuickAir™, QuickAir Partner Program™, QuickAir Partner Certification Program™, QuickAir Partner Zone™, EncryptAir™ and Microwave Fiber™ are trademarks of Ceragon Networks Ltd. 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. Important factors that could cause actual results to differ materially from forecasts and estimates include: Ceragon’s limited operating history and history of losses; Ceragon’s dependence on a limited number of key customers, independent manufacturers and suppliers; and the demand for Ceragon’s products and technology. These risks and uncertainties, as well as others, 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. Contact Investor Relations For Ceragon: Vered Shaked, Ceragon Networks Ltd., Tel: International access code +972-3-6455513, Mobile: International access code +972-52-573-5513, ir@ceragon.com Media Relations For ECI: Sandra Welfeld, Corporate Communications, ECI Telecom, Tel: International access code +972-3-928-7283, sandra.welfeld@ecitele.com For Ceragon: Yoel Knoll, Ceragon Networks Ltd., Tel: International access code +972-3-7666419, yoelk@ceragon.com PR Contact for Both Companies: Fran Bosecker, PR@vantage, Tel: 1-845-536-1416, fbosecker@pr-vantage.com 3