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Ceragon Networks Secures Significant Follow-On Orders with Major Brazilian Operator
Deal Includes Ceragon's FibeAir(R) IP-10 and Evolution(R) Long-Haul Solutions as well as Engineering, Installation, Commissioning and Project Management Services
PARAMUS, New Jersey, September 12, 2011/PRNewswire-FirstCall/ --
Ceragon Networks Ltd. (NASDAQ: CRNT
[http://www.ceragon.com/investor_relations.asp ]), the premier wireless
backhaul specialist, announced today that it has received two large
follow-on orders from a major operator in Brazil. The new orders, valued at
several millions of dollars, follow Ceragon's selection for the next phase
of a wide deployment project that consists of handling all microwave
transmission for the Rio de Janeiro (RJ), Espirito Santo (ES) and Sao Paulo
(SP) states. Since the beginning of the year, Ceragon has secured orders for
a number of deployment projects across Brazil worth tens of millions of
dollars.
Considering the network evolution and demand for more capacity, Ceragon
will introduce FibeAir IP-10 radios with future proof IP features and higher
throughput. Ceragon will also ship its Evolution Long Haul products for
long-haul applications - and in addition, provide full turnkey services to
design and deploy a network spanning several hundred "hops".
"Our continued success with a leading regional operator, and the
integration of our FibeAir IP-10 short-haul solutions for the first time
into its network, reaffirm our customer's confidence in our solutions
offering," said Ira Palti, President and CEO of Ceragon Networks. "Ceragon's
quick response time and proven implementation performance played a major
role in our selection. We are pleased to work with major operators who are
rapidly expanding their service coverage in Brazil, and thereby strengthen
our position in this important market."
Ceragon's high-capacity solutions will expand the reach and capacity of
a national Brazilian backhaul network. In addition to new installations,
Ceragon systems will also be used to upgrade legacy TDM microwave links to
IP/Ethernet - across the entire network. Easy to install and maintain, the
Ceragon solutions feature future-proof design for simple, cost-efficient
upgrades and faster return on investment.
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
LTE/4G 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.
Join the discussion
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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 .
Company and Investor Contact:
Yoel Knoll
Ceragon Networks Ltd.
Tel. +1-201-853-0228
yoelk@ceragon.com
Media Contact:
Karen Quatromoni
Rainier Communications
Tel. +1-508-475-0025 x150
kquatromoni@rainierco.com
Source: Ceragon Networks Ltd
.
Ceragon Networks Secures Significant Follow-On Orders with Major Brazilian Operator
Deal Includes Ceragon's FibeAir(R) IP-10 and Evolution(R) Long-Haul Solutions as well as Engineering, Installation, Commissioning and Project Management Services
PARAMUS, New Jersey, September 12, 2011/PRNewswire-FirstCall/ --
Ceragon Networks Ltd. (NASDAQ: CRNT
[http://www.ceragon.com/investor_relations.asp ]), the premier wireless
backhaul specialist, announced today that it has received two large
follow-on orders from a major operator in Brazil. The new orders, valued at
several millions of dollars, follow Ceragon's selection for the next phase
of a wide deployment project that consists of handling all microwave
transmission for the Rio de Janeiro (RJ), Espirito Santo (ES) and Sao Paulo
(SP) states. Since the beginning of the year, Ceragon has secured orders for
a number of deployment projects across Brazil worth tens of millions of
dollars.
Considering the network evolution and demand for more capacity, Ceragon
will introduce FibeAir IP-10 radios with future proof IP features and higher
throughput. Ceragon will also ship its Evolution Long Haul products for
long-haul applications - and in addition, provide full turnkey services to
design and deploy a network spanning several hundred "hops".
"Our continued success with a leading regional operator, and the
integration of our FibeAir IP-10 short-haul solutions for the first time
into its network, reaffirm our customer's confidence in our solutions
offering," said Ira Palti, President and CEO of Ceragon Networks. "Ceragon's
quick response time and proven implementation performance played a major
role in our selection. We are pleased to work with major operators who are
rapidly expanding their service coverage in Brazil, and thereby strengthen
our position in this important market."
Ceragon's high-capacity solutions will expand the reach and capacity of
a national Brazilian backhaul network. In addition to new installations,
Ceragon systems will also be used to upgrade legacy TDM microwave links to
IP/Ethernet - across the entire network. Easy to install and maintain, the
Ceragon solutions feature future-proof design for simple, cost-efficient
upgrades and faster return on investment.
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
LTE/4G 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.
Join the discussion
http://www.linkedin.com/company/14470
[http://us.lrd.yahoo.com/SIGp8mtc6o/EXP16502509/**http%3A/www.linkedin.com/company/14470 ]
http://www.facebook.com/ceragonnetworks
[http://us.lrd.yahoo.com/SIGrqcpsvr/EXP16502509/**http%3A/www.facebook.com/ceragonnetworks ]
http://twitter.com/Ceragon
[http://us.lrd.yahoo.com/SIGe8fc9oi/EXP16502509/**http%3A/twitter.com/Ceragon ]
http://www.youtube.com/user/CeragonNetworks?feature=mhum
[http://us.lrd.yahoo.com/SIGev8lcnd/EXP16502509/**http%3A/www.youtube.com/user/CeragonNetworks%3Ffeature=mhum ]
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 .
Company and Investor Contact:
Yoel Knoll
Ceragon Networks Ltd.
Tel. +1-201-853-0228
yoelk@ceragon.com
Media Contact:
Karen Quatromoni
Rainier Communications
Tel. +1-508-475-0025 x150
kquatromoni@rainierco.com
Source: Ceragon Networks Ltd
.