CRNT

[GatewayStocks]

Ceragon Networks and Nokia Sign OEM Agreement
Nokia to Broaden its High Capacity Radio Solutions for Cellular Infrastructure With the FibeAir Product Family
TEL AVIV, Israel, January 9 /PRNewswire-FirstCall/ -- Ceragon Networks Ltd. (NASDAQ: CRNT), www.ceragon.com, a global provider of high-capacity broadband wireless systems, today announced that it signed an original equipment manufacturer (OEM) agreement with Nokia, a world leader in mobile communications.

Under the agreement, Nokia will include Ceragon's high-capacity FibeAir family with its microwave radio product portfolio as Nokia PowerHopper Vario to provide complete cellular transmission networking solutions. This OEM agreement is the outcome of several years of successful integration of Ceragon's SDH radio products into Nokia's global transmission solutions.

'Nokia's decision to strengthen its relationship with Ceragon reflects the rising demand for high-capacity radio solutions,' said Ira Palti President and CEO, Ceragon Networks Ltd. 'We are confident that our industry-proven SDH radios will add value to Nokia's portfolio and help deliver a complete solution to their customer base. This agreement with Nokia is a significant step towards globally promoting our state-of-the-art FibeAir family of products.'

Ceragon's FibeAir products are perfectly suited to answer the growing demand for 3G converged networks that provide data-rich applications and services requiring high-capacity backhaul solutions.

'Our product synergy, with Ceragon's radios, allows Nokia to answer cellular service providers' calls for a complete solution ranging from low to ultra-high capacity connections,' said Mr. Risto Valtonen, General Manager, Cellular Transmission, Nokia Networks. 'Ceragon has a market leading position in the cellular backhauling network business. This agreement will enhance our full system capabilities by broadening our high capacity product offering to our system customers.'

About Nokia

Nokia is a world leader in mobile communications, driving the growth and sustainability of the broader mobility industry. Nokia connects people to each other and the information that matters to them with easy-to-use and innovative products like mobile phones, devices and solutions for imaging, games, media and businesses. Nokia provides equipment, solutions and services for network operators and corporations. www.nokia.com

About Ceragon Networks Ltd.

Ceragon Networks Ltd. (NASDAQ and TASE: CRNT), a pacesetter in broadband wireless networking systems, enables rapid and cost-effective high-capacity network connectivity for mobile cellular infrastructure, fixed networks, private networks and enterprises. Ceragon's modular FibeAir(R) product family operates across multiple frequencies, supports integrated high-capacity services over SONET/SDH, ATM and IP networks, and offers innovative built-in add/drop multiplexing and encryption functionality to meet the growing demand for value-added broadband services. Ceragon's FibeAir product family complies with North American and international standards, and has been installed for more than 150 customers in more than 60 countries. More information is available at www.ceragon.com.

Ceragon Networks(R), CeraView(R), FibeAir(R) and the FibeAir(R) design mark are registered trademarks of Ceragon Networks Ltd. Ceragon(TM), CeraMap(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.

[GatewayStocks]

Ceragon Networks Ltd.
24 Raoul Wallenberg Street
Tel Aviv, 69719
Fax: 972 3 645 5499
Web Site: http://www.ceragon.com

Shares Outstanding: 26.29M
Float: 6,309,600
% Held by Insiders: 23.93%
% Held by Institutions4: 49.3%

Total Cash (mrq): 18.52M
Total Cash Per Share (mrq): 0.704
==========================

Ceragon Networks, Ltd. engages in the development, manufacture, and marketing of broadband wireless network equipment for cellular operators, fixed operators, and private networks and enterprises, such as universities, financial institutions, corporate campuses, governments, and hospitals. Its product consists of a compact antenna, an outdoor unit, an indoor unit, and a simple network management protocol-based proprietary network management software. The company sells its products through distributors, resellers, third party integrators, and original equipment manufacturers in the United States, Europe, Asia, and other countries. Ceragon Networks was founded by Shraga Katz in 1996. It was formerly known as Giganet, Ltd. and changed its name to Ceragon Networks, Ltd. in 2000. The company is headquartered in Tel Aviv, Israel.
=========================================================

Company Profile

Ceragon Networks Ltd. (Nasdaq: CRNT), a pacesetter in broadband wireless networking systems, enables rapid and cost-effective ultra high-capacity network connectivity for mobile cellular infrastructure, fixed networks, private networks and enterprises.

Ceragon's FibeAir® product family is a breakthrough in the wireless point-to-point market, combining spectral and hardware efficiency, modularity, flexibility and upgradeability in a single, compact 1U system.

Ceragon's uniquely designed intelligent network elements operate across multiple frequencies, support integrated ultra high-capacity services over SDH/SONET, ATM and IP networks, and offer innovative built-in add/drop multiplexing and encryption functionality. Presenting an easy method of "on the fly" wireless network upgrades in accordance with network expansion requirements, this innovative product family and its optimize-as-you-grow capability, will leverage operators and service providers capital and operating expenses.

As a leader in the global high capacity wireless infrastructure market, Ceragon's FibeAir product family complies with international standards and is installed with over 150 customers in more than 60 countries.

Founded in 1996, Ceragon is headquartered in Tel Aviv, Israel with offices in the US, UK, France, Mexico, Brazil, Nigeria, Singapore, India and Hong Kong.
==========================================================
Product Family;

Ceragon's FibeAir® product family of broadband wireless systems supports multiple capacities, frequencies, modulation schemes and configurations for various network requirements, using the same hardware and state-of-the-art technology.

Combining spectral efficiency, hardware efficiency, modularity, flexibility and upgradeability in a single, compact, and cost-effective 1U system, the FibeAir family is a breakthrough in the wireless point-to-point market.

This innovative family of products presents an easy method of "on the fly" wireless network upgrades in accordance with network expansion requirements. These optimized as-you-grow capacity capabilities of the FibeAir family are leveraging operators and service providers capital and operating expenses.

Frequencies and Modulations - Ceragon's FibeAir family supports the complete range of frequencies of 6 to 38 GHz and software configurable modulation schemes of 16, 32, 64, 128 and 256 QAM with versatile 28-56 MHz bandwidths.

Capacities - Ceragon's radios are upgradeable for capacities of 100 to 622 Mbps, using the same 1U IDU, supporting 1+0, 2+0, 4+0 (with optional XPIC, Cross Polarization Interference Canceller mechanism), 2+0 East-West, 1+1 HSB, and 1+1 HSB with space or frequency diversity mode. Point-to-point, ring, star, and cascaded chain topologies are all supported.

Topologies and Configurations - Each indoor unit (IDU) can host up to two carriers, each delivering 100, 112, 116, 155 or 311 Mbps, optimizing the solution for every network topology and configuration. The two independent, hot-swappable carriers can be used for protection, diversity or double capacity.

High spectral efficiency is ensured by choosing the same frequency for double the capacity, due to the usage of both carriers for vertical and horizontal polarizations, implemented by a built-in XPIC mechanism.

East-West configurations for ring and cascaded topologies are also possible using the same method, whereby one carrier is directed to the east and the other to the west, reducing equipment and resource requirements in each node, which, in turn, increases network efficiency.

FibeAir can seamlessly integrate into any SDH/SONET, IP and ATM network, while supporting a wide variety of IP + TDM interfaces, including nxE1/T1, nxE3/DS3, nxSTM-1/OC-3, STM-4/OC-12, nxFE, and GigE. This enables network designers to meet growing market needs, including integration of current and next generation technologies, using the same radio equipment.
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Fixed Networks

Ceragon Networks is a global provider of innovative ultra high-capacity broadband wireless solutions for next generation networks. With Ceragon's FibeAir™ solutions, fixed operators can immediately deploy seamless high capacity and spectrally efficient connectivity from the backbone across the fixed networks right to the customer.

Uniquely designed for high-growth carriers to generate immediate revenue, Ceragon's intelligent broadband network solutions support high-speed Internet access and integrated data, video and voice services. Our wireless network solutions enable carriers to instantly deploy high capacity SONET/SDH, ATM or IP networks in ring, star and mesh topologies. Unlike the fiber alternative, Ceragon's broadband wireless solutions are cost effective, flexible and quick to deploy. Our sophisticated ATPC enables customers to install multiple links in a network over the same channel.

As an intelligent network element, FibeAir uniquely supports multiple topologies, interfaces and payload types. Deployed over multiple licensed frequencies (6 to 38GHz), FibeAir products comply with worldwide standards, providing full scale solutions for national and global carriers.

FibeAir networking solutions offer:

Immediate and cost-effective ultra-high capacity and spectrally efficient network deployment
Simple network scalability
High performance IP, SONET/SDH and ATM
Modular design with a variety of interfaces
OC-12/STM-4, 2xSTM-1, OC-3/STM-1, DS3/E3, Fast Ethernet
Wireless ring, star and mesh topologies
Advanced SNMP management
=============================================================

Mobile Cellular Infrastructure


Cellular carriers around the world are consistently growing their subscriber base. At the same time, emerging technologies such as GPRS and UMTS are being implemented to enable carriers to provide new content-rich applications.

During this mobile cellular network evolution, end-user bandwidth demand increases generated by these new applications will be directly reflected on both the access and core portions of cellular networks. To handle these capacity increases & enable voice and data services to be carried in an efficient manner over a converged network, cellular carriers are migrating their network from medium capacity PDH backhaul to high capacity SDH-based rings.

Offering a smooth migration path from GSM to GPRS and UMTS, Ceragon's flexible high-capacity wireless access and core network solutions support multiple capacity levels, transmission protocols and frequency bands.

Based on the field-proven technology of Ceragon's FibeAir™ product family, Ceragon Networks introduced the industry's first fixed wireless system with a built-in add/drop SONET/SDH multiplexer (ADM). This unique networking device enables efficient and fast network migration while reducing the complexity and cost of today's cellular ring infrastructures.

Ceragon's 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 T1/E1 tributary interfaces per site and 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 for seamless integration.

Why FibeAir™ for Cellular/3G (UMTS)?

Cost-Effective
- Built-in access multiplexer and SDH add-drop multiplexer

- Spectrally efficient system, with 16, 32, 64, 128 256 QAM modulation

- Cost-effective system upgrading

Future-Proof
- SONET/SDH, ATM, and IP data can be transmitted over the same FibeAir system, enabling upgrade from one protocol to another without system replacent

- Capacity upgrade plan: 155 Mbps -> 311 Mbps -> 622 Mbps
- Upgrading is done at low cost and requires minimal installation time and effort.


Flexibility
- Range of frequencies: 6-38 GHz
- Multiple Modulation schemes: 16, 32, 64, 128 256 QAM modulation
- Variety of network interfaces: OC-3/STM-1, RF N-Type,
Optical Single/Multi Mode, E1/T1 Tributary, STM-1 Tributary

- Support worldwide standards: ETSI/FCC/ARIB

Easy Installation and Maintenance
- FibeAir systems are installed and operable in a short time
- SNMP-based element and network management
- Complete link protection
- No external switch is required
==========================================================
Analyst Coverage
C.E. Unterberg, Towbin
Rich Church
CIBC
Avivit Manneh Kalil & Amir Argaman
Ferris Baker Watts
Matthew Robison
Merriman, Curhan, Ford & Co.
Kevin Dede
Oscar Gruss & Son.
Ehud Eisenstein


More on company products please check out company website:
Web Site: http://www.ceragon.com

[GatewayStocks]

CIBC upgrades Ceragon

"The announcement of the OEM deal with Nokia is a strategically significant event."

Globes correspondent 10 Jan 06 14:42

CIBC World Markets has upgraded its rating for Ceragon Networks Ltd. (Nasdaq: CRNT; TASE:CRNT) to "Sector outperformer", following the company's signing of an OEM agreement with cellular equipment giant Nokia. CIBC analysts Avivit Manneh Kalil and Amir Argaman set a $6 price target for the stock, which compares with a closing price of $4.45 in New York yesterday, at which price Ceragon has a market cap of $117 million.
"We see the announcement of the agreement, which we expected for several quarters, as a strategically significant event," Manneh Kalil and Argaman write.

"As we have said in previous reports, Ceragon is a technological leader in a niche field, and we see the signing of OEM agreements as important for the company's continued progress in the growing wireless market. In the past, we raised the concern that the lack of agreements and collaborations with significant players in the cellular infrastructure market would hamper the company's ability to benefit from the growth of the cellular market. Now, the signing of the agreement with Nokia substantially allays those fears.

"Since Nokia is already a customer of Ceragon, the announcement of the agreement has no immediate effect on our estimates of Ceragon's results, but we believe the agreement has several positive effects: 1. it boosts Ceragon's ability to operate in the cellular market and benefit from its growth through strengthening of its collaboration with Nokia; 2. it is confirmation of Ceragon's technological leadership; and 3. it will contribute to exposure of the company in the US capital market.

"Ceragon is traded at a p/e ratio of 17 on 2006 earnings. We believe the OEM agreement with Nokia substantially reduces the risks associated with the stock, and the fears about the gross profit margin the company will present in the coming quarters do not justify such a low p/e ratio."

Published by Globes [online], Israel business news - www.globes.co.il - on January 10, 2006


http://www.globes.co.il/serveen/globes/DocView.asp?did=1000048818

[GatewayStocks]

CRNT; New HOD- Vol picking up! $4.75

[GatewayStocks]

CRNT: +8%

[GatewayStocks]

nice close yesterday with pretty good selling during the day...got those sellers out of the way as we should be setting higher lows...JMHO

[Terliso]

Ceragon Networks(R) Reports Record Third Quarter 2006 Financial Results
Monday October 23, 8:00 am ET 
Revenues and Profitability Set New All-Time Records


TEL AVIV, Israel, October 23 /PRNewswire-FirstCall/ -- Ceragon Networks Ltd. (NASDAQ: CRNT and TASE: CRNT), www.ceragon.com, a leading provider of high-capacity wireless backhaul solutions, today reported results for the third quarter ended September 30, 2006.

Revenues for the third quarter of 2006 were $30.5 million, up 62% from $18.9 million for the third quarter of 2005 and 29% from $23.6 million in the second quarter of 2006.

Net income on a GAAP basis for the third quarter of 2006 was $1.5 million, or $0.06 per basic and diluted share.

Net income on a non-GAAP basis, which excludes equity-based compensation expense, was $1.9 million, or $0.07 per basic and diluted share, compared to non-GAAP net income of $887,000, or $0.03 per basic and diluted share in the third quarter of 2005. Expense related to equity-based compensation in the third quarter of 2006 was $335,000. A reconciliation table of GAAP and non-GAAP results is provided below.

Gross margin on a GAAP basis in the third quarter of 2006 was 31.4% of revenues. On a non-GAAP basis gross margin for the third quarter of 2006 was 31.5% of revenues.

The Company ended the quarter with cash and liquid investments of $28.7 million.

"This was a very strong quarter for us," said Ira Palti, President and CEO of Ceragon.

"We crossed the $30 million-per-quarter mark for the first time and, more importantly, we reported record net income and the highest net profit margin in our history. We attribute the better than expected results mainly to the success of our go-to-market strategy which focuses on a combination of direct sales, OEM partners and strong local distributors."

"Revenues from each of our OEM partners grew substantially this quarter, and we expect OEM business to account for a gradually growing proportion of total revenue in the future. In a market that is characterized by consolidation, convergence and the shift toward all-IP networks, we expect to continue to grow both revenues and profitability through a combination of continuous product innovation, cost reduction and strong OEM partners to augment direct sales."

[Terliso]

5 more top stocks
http://www.fool.com/news/commentary/2006/commentary06110312.htm?source=eptyholnk303100&logvisit=y&npu=y

[Terliso]

Nice!! CRNT now closed above $5.59 ..... BLUE SKY!!!!

[Terliso]

CRNT is having a hard time closing above $5.59....
I'm still sitting tight & patiently waiting for the breakout

[Terliso]

Ceragon Networks Ltd Earnings Conference Call (Q4 2006)
Scheduled to start Mon, Feb 5, 2007, 9:00 am Eastern

[setravis]

Press Release Source: Ceragon Networks Ltd


Ceragon Networks(R) Reports Record First Quarter 2007 Financial Results
Monday April 30, 8:01 am ET 
"Strong Demand From Emerging Markets Generates Higher Revenues and Bookings"


TEL AVIV, Israel, April 30 /PRNewswire-FirstCall/ -- Ceragon Networks Ltd. (NASDAQ: CRNT; TASE: CRNT), www.ceragon.com , a leading provider of high-capacity wireless backhaul solutions, today reported results for the first quarter which ended March 31, 2007.


Revenues for the first quarter of 2007 were $33.9 million, up 59% from $21.3 million for the first quarter of 2006 and 3% from $32.9 million in the fourth quarter of 2006.

Net income in accordance with Generally Accepted Accounting Principles (GAAP) for the first quarter of 2007 was $2.6 million or $0.10 per basic share and $0.09 per diluted share. On a non-GAAP basis net income for the first quarter, excluding $390,000 of equity-based compensation expenses, was $3.0 million, or $0.11 per basic share and $0.10 per diluted share, compared to non-GAAP net income of $1.0 million, or $0.04 per basic and diluted share in the first quarter of 2006. (Refer to the accompanying financial table for reconciliation of GAAP financial information to non-GAAP.)

Gross margin on a GAAP basis in the first quarter of 2007 was 36.3% of revenues. On a non-GAAP basis gross margin was 36.4% of revenues.

Cash and cash equivalents, short- and long-term deposits and short- and long-term marketable securities totaled $29.5 million at March 31, 2007.

"We are pleased to report that we began the year with record results and strong bookings," said Ira Palti, President and CEO of Ceragon. "Based on strong demand from emerging markets, particularly in the Asia Pacific region, we are revising our revenue growth target for 2007 upward from an increase of around 25% to an increase of about 30% over 2006 ."

"The need for more high-capacity wireless backhaul is being fueled by growing demand for mobile data services in the developed world, combined with growth in cellular subscribers in emerging economies. We are also benefiting from the migration to all-IP networks and broadband connectivity via WiMAX. We are leading the market with field-proven high-capacity solutions including a native IP solution as well as a multi-service solution combining native IP with native TDM capabilities on a single flexible platform. In addition to our continuous cost reduction program, we are focused on increasing our production capacity and shortening delivery times in order to address the widespread demand," said Palti.

A conference call discussing Ceragon's results for the first quarter of 2007, business conditions, and outlook, will take place today, April 30, 2007, at 9:00 a.m. (EDT). Investors can join the Company's teleconference by calling (800)-230-1766 or international (612)-332-0725 at 8:50 a.m. EDT.

Investors are also invited to listen to the call live via the Internet by accessing Ceragon Networks' website at the investors' page: http://www.ceragon.com/site/Investor_events.asp, selecting the webcast link, and following the registration instructions.

If you are unable to join us live, the replay numbers are: (800)-475-6701 or international (320)-365-3844. A replay of both the call and the webcast link will be accessible through May 30, 2007.

About Ceragon Networks Ltd.

Ceragon Networks Ltd. (NASDAQ and TASE: CRNT) is a leading provider of high-capacity wireless backhaul solutions for cellular and fixed wireless operators, enterprises and government organizations. Ceragon's modular FibeAir® product family is recognized as the gold standard for backhaul transmission and is also one of the top solutions chosen by cellular operators for SONET/SDH rings. A scalable, future-proof solution for wireless transport of broadband services, FibeAir operates across multiple frequencies for IP and SONET/SDH protocols, supporting the emerging needs of next-generation networks that are evolving to all-IP based services, including triple-play. It leads the market in IP backhaul, offering a unique, native IP solution that provides the efficient, robust connectivity required for WiFi, WiMAX and converged networks. Ceragon supports its growing base of more than 180 customers in 70 countries by operating an extensive sales network comprising 17 offices and numerous partners located around the world. More information is available at www.ceragon.com.

Ceragon Networks®, CeraView®, FibeAir® and the FibeAir® 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. 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: Vered Shaked
    Investor Relations Manager
    Ceragon Networks Ltd.
    Office: +972-3-645-5513
    Mobile: +972-52-573-5513
    [email protected]

[kslifka]

What no recent posts on CRNT??

I'm hoping CRNT drops hard in the first couple of minutes tomorrow (Hopefully below $15) so I can pick some up.   

Very positive results from their latest quarterly results in July.

NEW YORK (AP) -- Ceragon Networks Ltd., an Israeli wireless technology provider, said Monday its second-quarter profit more than tripled from the same period last year, driven by stronger demand.

Net income for the quarter was $2.9 million, or 9 cents per share, up from $835,000, or 3 cents per share, for the second-quarter 2006. Revenue for the quarter was $37.3 million, up 58 percent from $23.6 million in the year-ago period.

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Excluding certain expenses, the company earned $3.3 million, or 11 cents per share.

Analysts expected, on average, second-quarter earnings of 10 cents per share on $34.9 million in revenue, according to a Thomson Financial survey.

"Our record second quarter results reflect continued accelerating demand for our wireless backhaul solutions," said Ira Palti, president and chief executive officer.

Shares of Ceragon, which have traded between $3.98 and $13.73 in last 52 weeks, rose 20 cents, or 1.5 percent, to $13.70 in morning trading. Earlier in the session shares set a new 52-week high of $14.20.

[avivwiz]

please VIDEO analayze CRNT - 40% growth a year, can lift 3SOF portfolio

[avivwiz]

VIDEO analayze CRNT - 40% growth a year, can lift 3SOF portfolio