TEL AVIV, Israel, October 7 /PRNewswire-FirstCall/ -- Ceragon Networks Ltd. (NASDAQ and TASE: CRNT), a leading provider of high-capacity wireless backhaul solutions, today announced that Worldmax, a competitive WiMAX operator in the Netherlands, utilizes its FibeAir(R) IP solutions in one of Europe's first commercial WiMAX networks. Ceragon powers Worldmax's network with up to 400Mbps of traffic aggregation capacity, enabling smooth transmission of fast internet and a variety of multimedia services. With this recent deployment Worldmax joins more than forty WiMAX operators and service providers worldwide who are already using Ceragon's solutions for high-capacity backhaul applications.
Worldmax launched its new WiMAX network in June 2008 and currently offers high-end data services throughout the city of Amsterdam. The operator plans to eventually expand its independent wireless network and provide nationwide coverage.
"Ceragon's wireless Ethernet solutions offer the highest over-the-air capacities and ensure constant delivery of high-bandwidth services even during peak times," said a Worldmax company official. "With the help of Ceragon, we were able to set up our backhaul network in record time."
"WiMAX has emerged as one of the best options for competitive carriers to deliver broadband services and gain a share in developed markets, where in developing countries it is often the only method for making broadband services available," said Berge Ayvazian, Chief Strategy Officer at Yankee Group. "Ceragon has always been a leader in the high-capacity backhaul market. Its proven IP expertise makes Ceragon an ideal partner for WiMAX operators as it enables them to design an infrastructure based purely on cost-efficient high-capacity wireless IP links."
Ceragon has recently won the Best of WIMAX World Award in the category of Industry Innovation at the WiMAX World USA Conference and Expo. Ceragon's wireless Ethernet solutions are currently deployed in more than forty commercial WiMAX networks. Serving a range of network applications, Ceragon's WiMAX customers include regional and national operators, competitive carriers, ISPs and private organizations.
"We are happy to join forces with Worldmax and promote the expansion of WiMAX technology and services," said Ira Palti, President and CEO of Ceragon Networks. "We anticipate a growing demand for both WiMAX as well as other broadband wireless technologies which will in turn increase the need for our high-capacity solutions."
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 http://www.ceragon.com/
Ceragon Networks(R), CeraView(R), FibeAir(R) and the FibeAir(R) design mark are registered trademarks of Ceragon Networks Ltd., and Ceragon(TM), PolyView(TM), ConfigAir(TM), CeraMon(TM), EtherAir(TM), QuickAir(TM), QuickAir Partner Program(TM), QuickAir Partner Certification Program(TM), QuickAir Partner Zone(TM), EncryptAir(TM) and Microwave Fiber(TM) 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. These are important factors that could cause actual results to differ materially from forecasts and estimates. 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.
Company Contact: Investor Contact:
Yoel Knoll Vered Shaked
Ceragon Networks Ltd. Ceragon Networks Ltd.
+972-3-766-6419 +972-3-645-5513
yoelk@ceragon.comir@ceragon.com
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