Press Release

Ceragon Receives First Orders for FibeAir IP-20C® from PEG Bandwidth

February 20, 2013

FibeAir IP-20C selected because of its unmatched data throughput and low TCO

Paramus, New Jersey, February 20, 2013Ceragon Networks Ltd.(NASDAQ: CRNT), the #1 wireless backhaul specialist, today announced that it has received initial orders from PEG Bandwidth for the FibeAir IP20-C, Ceragon’s recently launched, new generation of multi-core, packet radio solutions. PEG Bandwidth, a leading provider of customized cell site backhaul networks for wireless carriers, selected Ceragon’s FibeAir IP-20C to complement their extensive, 12-state fiber network because of its ability to deliver unmatched capacity throughout the backhaul network at a low total cost of ownership (TCO). The deployment will include dozens of FibeAir IP-20C links throughout the United States.

“The capacity needs of the U.S. marketplace are changing as 4G/LTE usage increases,” said Christopher Pickard, Chief Technology Officer of PEG Bandwidth. “Ceragon’s FibeAir IP-20C enables us to offer our customers a broad network of seamlessly integrated, high capacity backhaul solutions which can suit the growing needs of our carrier customers, and help us to retain our competitive edge.”

“Receiving these first orders for FibeAir IP-20C just weeks after its launch is testament to the game-changing nature of the product,” said Ira Palti, President and CEO of Ceragon Networks. “In addition, having the orders come from a company as successful and focused on innovation as PEG Bandwidth speaks even further to how the FibeAir IP-20C can transform the backhaul and fronthaul process. We believe that the FibeAir IP-20C, together with our upcoming range of next-generation solutions will enable us to extend our market share and assert our clear technological advantage over our competitors.”

“We are delighted that PEG is Ceragon’s first customer to deploy our new FibeAir IP-20C and are confident that this is a good indicator of the excellent fit that this product will have in the North American market,” said Charles (Chuck) Meyo, President of Ceragon North America.

With a focus on lower-tiered and rural markets, PEG Bandwidth customizes cell site backhaul networks for the major wireless carriers, aggregating mission critical backhaul traffic across multiple networks and providing a seamless end-to-end connectivity solution. PEG Bandwidth has earned the trust of the their customers by delivering solutions which meet stringent Service Level Agreements and delivering those solutions on-time.

FibeAir IP-20C breaks the traditional capacity barriers, and is the only microwave radio to offer a virtual-fiber solution in licensed bands. It features a breakthrough multi-core technology that employs a parallel radio processing engine to double the link performance. Ceragon’s FibeAir IP-20C also boosts spectral efficiency to meet the increasingly demanding capacity requirements of advanced HetNet backhaul and fronthaul scenarios. Built around Ceragon’s own baseband modem and RFIC technologies, the FibeAir IP-20C is the first step in Ceragon’s Holistic HetNet Hauling (3H) vision, which redefines wireless connectivity in heterogeneous networks.

About PEG Bandwidth

PEG Bandwidth provides customized cell site backhaul solutions for wireless operators to support 4th generation (4G) deployments. With offices in Dallas, St. Louis and Philadelphia, PEG Bandwidth delivers complex network solutions across broad geographies utilizing a combination of new fiber builds, available dark fiber, partner fiber networks and licensed, point-to-point microwave. PEG Bandwidth’s team of backhaul experts aggregates traffic across these disparate networks to provide a seamless, end-to-end solution from a wireless operator’s cell site to their switching facility. The company focuses mainly on lower-tiered and rural markets where operators are struggling to find carrier-class, scalable solutions for their backhaul requirements.

Media Contact

Matthew Krieger

GK Public Relations

Phone: (914) 768-4219

Email: matthew@gkpr.com

Tanya Solomon

Ceragon Networks Ltd.

Phone: (201) 853-0271

Email: tanyas@ceragon.com

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