Paramus NJ, October 11, 2010 – Ceragon Networks (NASDAQ: CRNT), the provider of
high-capacity, 4G/LTE-ready wireless backhaul networks, today announced that Tsipi Kagan will
join the company as Chief Financial Officer on November 1st, assuming the responsibilities of
Tali Idan, who will remain with Ceragon management in a financial advisory capacity.
“I am pleased to welcome Tsipi to our executive management team,” said Ira Palti,
President and Chief Executive Officer of Ceragon. “Her extensive financial management
background will be an important asset to Ceragon, and we are fortunate to have this highlyregarded
executive join our company.
“Tali has been a key member of the executive management team during a period of strong
growth and geographic expansion,” continued Mr. Palti. “After six years of outstanding
contributions as CFO, we honor Tali’s desire to pursue new interests. We are pleased that Tali
will be staying on the company’s management in an advisory role, and we wish him much
success in achieving his new goals.”
Ms. Kagan has been a CFO for the past ten years, most recently with Xjet Ltd., a
developer and manufacturer of equipment for the production of solar cells. Prior to that, she
spent five years as CFO of Radvision Ltd. (RVSN), a communications equipment provider and
RAD Group company, as is Ceragon. Ms. Kagan began her career in public accounting with
Ernst & Young in Israel and Miller, Kaplan, Arase & Co. in Los Angeles. She holds a BA in
Accounting and Economics from Tel Aviv University.