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Ceragon’s FibeAir IP-10 Wins Best of WiMAX 2008 Award

October 2, 2008

TEL AVIV, Israel, and Chicago IL, October 2, 2008 - xchange magazine announced today
that Ceragon Networks Ltd. (NASDAQ and TASE: CRNT), a leading provider of high-capacity
wireless backhaul solutions, has won the Best of WIMAX World Award in the category of Industry
Innovation for its advanced FibeAir IP-10 platform. The annual awards recognize leaders in the
development and deployment of WiMAX technologies. Nominations were open to exhibitors,
sponsors and speakers of WiMAX World USA Conference and Expo, Sept. 30 – Oct. 2 in
Chicago, and selected by a judging panel of experts from the WiMAX community.

Ceragon’s FibeAir IP-10 received the Industry Innovation award on Oct. 1 at a ceremony
following the close of the WiMAX World exhibition floor. Awards were presented to recipients in
six categories. Ceragon and their award will be featured in the December issue of xchange, as
well as on the WiMAX World and xchange Web sites.

“xchange is pleased to honor Ceragon’s contributions to the development and promotion of
WiMAX technology and services,” said Mike Saxby, group publisher of xchange. “The growth in
the industry has been tremendous, as shown by Ceragon’s achievement.”

“On behalf of WiMAX World, I congratulate Ceragon for winning this year’s WiMAX World
USA Award in Industry Innovation,” added Eliot Weinman, conference founder and co-chair, and
president of Trendsmedia. “WiMAX World Awards winners truly represent the best and the
brightest WiMAX technology, services and network implementations in the world.”

“It is a pleasure and an honor to be acknowledged by an esteemed group of industry
professionals,” said Ira Palti, President and CEO of Ceragon. “This award recognizes the
importance of wireless Ethernet backhaul to the ongoing proliferation of WiMAX networks. Our
FibeAir IP-10, with its unique and enhanced Ethernet networking capabilities, allows WiMAX
service providers to effectively deploy large-scale networks while benefiting from higher utilization
of backhaul radio link budgets.”

FibeAir IP-10 is Ceragon’s next generation carrier-grade wireless Ethernet solutions family.
FibeAir IP-10 features a powerful integrated Ethernet switch, advanced Service Management and
Operation Administration & Maintenance (OA&M) tools. FibeAir IP-10 is fully MEF 9 and MEF 14
certified for delivering standard carrier-Ethernet services over microwave.

The WiMAX award winners were selected by an independent judging panel that consisted
of Craig Mathias, principal, Farpoint Group; Will Strauss, principal analyst, Forward Concepts;
Adlane Fellah, CEO and founder, Maravedis Inc.; Caroline Gabriel, lead research analyst,
Rethink Research; Philip Marshall, vice president of enabling technologies,Yankee Group; and
representatives from xchange and Trendsmedia.

About xchange
Founded in 1996, xchange is an online and print publication for facilities-based service
providers offering voice, data, wireless, IP, WiMAX and content. Its seasoned editors do more
than simply report on industry news; they dig beneath the surface to provide analysis on what
new equipment, new services, new regulatory activities and other new developments mean to
xchange readers. xchange content, including news, articles, eBooks, webinars and industry
buyer’s guide is accessible online at 

About Trendsmedia
Trendsmedia is the events and publishing division of Yankee Group Research Inc. Its
mission is to help its clients stay ahead of the major technology trends that are likely to impact
their businesses significantly. Trendsmedia provides their clients with independently researched
and produced media products that target emerging technology markets in depth, including
focused conferences, independently produced online media and in-depth newsletters and market
intelligence studies. 

About WiMAX World Conference & Expo
WiMAX World Conference & Expo is the largest event series in the world focused on
WiMAX and mobile broadband. WiMAX World Conference & Expo is dedicated to providing a
balanced view of where WiMAX stands today and what role it will play in the future of one of the
fastest-growing market segments in the world — wireless and mobile broadband. WiMAX World
incorporates all of today’s converging and diverging issues surrounding WiMAX and mobile
broadband. WiMAX World provides a comprehensive view of all the related technologies, as well
as regulatory and spectrum challenges, and the business opportunities and risks as they relate to
all the key constituencies involved in this critical marketplace. In 2008, WiMAX World is being
produced in Asia, Europe and the United States. For more information, visit