Ceragon Networks Ltd. (NASDAQ: CRNT) Announces Proposed Public Offering of Common Stock

  Ceragon Networks Ltd. (NASDAQ: CRNT) Announces Proposed Public Offering of
                                 Common Stock

PR Newswire

PARAMUS, New Jersey, November 19, 2013

PARAMUS, New Jersey, November 19, 2013 /PRNewswire/ --

Ceragon Networks Ltd. (NASDAQ: CRNT) today announced that it is offering to
sell its ordinary shares in an underwritten public offering. Needham & Company
is acting as lead book-running manager with Oppenheimer & Co. Inc. as co-book
runner on the offering.

The offering is expected to price after close of market on Wednesday, November
20, 2013.

Ceragon intends to use the net proceeds from the offering for general
corporate purposes.

The shares described above are being offered by Ceragon pursuant to a
registration statement on Form F-3, including a base prospectus, previously
filed with and subsequently declared effective by the Securities and Exchange
Commission (the "SEC"). A preliminary prospectus supplement relating to the
offering has also been filed with the SEC and is available on the SEC's
website at http://www.sec.gov. Copies of the preliminary prospectus supplement
and accompanying base prospectus relating to this offering may also be
obtained from Needham & Company, LLC, 445 Park Avenue, New York, NY 10022,
(800) 903-3268.

This press release shall not constitute an offer to sell or the solicitation
of an offer to buy any of the securities described herein, nor shall there be
any sale of these securities in any state or jurisdiction in which such offer,
solicitation or sale would be unlawful prior to registration or qualification
under the securities laws of any such state or jurisdiction.

About Ceragon Networks Ltd.

Ceragon Networks Ltd. (NASDAQ: CRNT) is the #1 high-capacity wireless hauling
specialist. We provide innovative, flexible and cost-effective wireless
backhaul and fronthaul solutions that enable mobile operators and other
wired/wireless service providers to deliver 2G/3G, 4G/LTE and other broadband
services to their subscribers. Ceragon's high-capacity, solutions use
microwave technology to transfer voice and data traffic while maximizing
bandwidth efficiency, to deliver more capacity over longer distances under any
deployment scenario. Based on our extensive global experience, Ceragon
delivers turnkey solutions that support service provider profitability at
every stage of the network lifecycle enabling faster time to revenue,
cost-effective operation and simple migration to all-IP networks. As the
demand for data pushes the need for ever-increasing capacity, Ceragon is
committed to serve the market with unmatched technology and innovation,
ensuring effective solutions for the evolving needs of the marketplace. Our
solutions are deployed by more than 430 service providers in over 130
countries.

Ceragon'sIRappavailableonAppStore&GooglePlay

Ceragon Networks® and FibeAir® are registered trademarks of Ceragon Networks
Ltd. in the United States and other countries. CERAGON ® is a trademark of
Ceragon Networks Ltd., registered in various countries. Other names mentioned
are owned by their respective holders.

Safe Harbor

This press release contains "forward-looking statements" within the meaning of
the Private Securities Litigation Reform Act of 1995 regarding the proposed
public offering and the intended use of proceeds from the offering. The
offering is subject to market and other conditions and there can be no
assurance as to whether or when the offering may be completed or as to the
actual size or terms of the offering. These forward-looking statements are
subject to risks and uncertainties that may cause actual results to differ
materially, including the satisfaction of the conditions to the closing of the
offering, market conditions, risks associated with the cash requirements of
our business and other risks detailed from time to time in our Annual Report
on Form 20-F and other filings with the Securities and Exchange Commission,
and represent our views only as of the date they are made and should not be
relied upon as representing our views as of any subsequent date. We do not
assume any obligation to update any forward-looking statements.



    Media Contact:                Company & Investor Contact:
    Justine Schneider             Yoel Knoll
    Calysto Communications        Ceragon Networks
    Tel: +1-(404)-266-2060 x507   Tel. +1-(201)-853-0228
    jschneider@calysto.com        yoelk@ceragon.com

SOURCE Ceragon Networks Ltd
 
Press spacebar to pause and continue. Press esc to stop.