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Ceragon Networks Acquires NERA Networks AS (NAS)

PARAMUS, New Jersey January 19, 2011 Bergen, Norway $48.5 million

Europe Latin America Africa

Following today’s closing of the transaction, both companies’ assets and core competencies will be combined into a single integrated organization, product family and customer base.

Latin America Africa Europe Asia North America

$35 million $150 million

Ira Palti

Jorgen Larsen

2:30 p.m. EST

January 19th 2:30 p.m. EST 2:20 p.m. EST


February 19, 2011

About Ceragon Networks Ltd.

About Eltek:

NOK 5.8 billion Norway

the United States

     Company and Investor     Contact:      Yoel Knoll     Ceragon Networks Ltd.     Tel. +1-201-853-0228     [email protected]      Media Contact:      Karen Quatromoni     Rainier Communications     Tel. +1-508-475-0025 x150     [email protected]   

SOURCE Ceragon Networks Ltd

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