RICHARDSON, Texas and
LITTLE FALLS, New Jersey,
Feb. 21, 2018 /PRNewswire/
-- Fujitsu Network Communications, Inc. and Ceragon Networks
Ltd. (NASDAQ: CRNT), the #1 wireless backhaul specialist, today
announced they have signed a reseller agreement for Fujitsu to sell
Ceragon's wireless backhaul solutions portfolio. This agreement
expands Fujitsu's end-to-end wireless networking portfolio to
include the Ceragon FibeAir IP-20 microwave and millimeter wave
solutions. The Ceragon platform will enhance Fujitsu's multivendor
wireless backhaul solutions portfolio with its versatility,
spectral efficiency, bandwidth capacity, low energy consumption and
proven reliability.
Fujitsu will combine its systems integration services with
Ceragon's wireless backhaul products to offer comprehensive turnkey
solutions including design, build, operations and maintenance to
North American service providers. Additionally, the Ceragon FibeAir
IP-20 platform is a strategic fit for the multivendor solutions
offered through Fujitsu's Network Modernization (NetMod) programs
to replace legacy or discontinued equipment. Fujitsu market-leading
NetMod services include digital cross-connect systems (DCS), SONET,
operation support systems (OSS) and microwave replacement. NetMod
increases network reliability, capacity and performance, lowers the
total cost of ownership and readies the network for next generation
services.
"By leveraging Fujitsu's extensive services portfolio along with
Ceragon's wireless backhaul solutions, we can bring our customers a
formidable offer to densify, upgrade, and transform their
networks," said Greg Manganello, SVP
and head of services at Fujitsu Network Communications, Inc.
"This is a strategic partnership for Ceragon, as it allows us to
further expand our North American footprint and reach a wider range
of customers," said Ira Palti,
president and CEO of Ceragon. "By integrating our IP-20 Platform
solutions into its solutions portfolio, Fujitsu is now able to
bring wireless backhaul solutions where they best resolve the
unique challenges of North American service providers addressing
capacity, reach, availability and site acquisition challenges."
About Fujitsu Network Communications, Inc.
Fujitsu
Network Communications, Inc., is a trusted partner to a broad
spectrum of customers across all industries, enabling them to
realize the maximum value from their communications networks. We
are a market-leading U.S.-based manufacturer of network equipment
and a top U.S. patent holder in optical networking. Our solutions
combine the best wireline, wireless, and software technology with
extensive multivendor services expertise to deliver custom,
end-to-end network integration and management solutions. For more
information, please see http://us.fujitsu.com/telecom and
connect with us on LinkedIn
at www.linkedin.com/company/fujitsu-network-communications.
About Ceragon Networks Ltd.
Ceragon Networks Ltd.
(NASDAQ: CRNT) is the #1 wireless backhaul specialist. We help
operators and other service providers worldwide increase
operational efficiency and enhance end customers' quality of
experience with innovative wireless backhaul solutions. Our
customers include wireless service providers, public safety
organizations, government agencies and utility companies, which use
our solutions to deliver 4G, mission-critical multimedia services
and other applications at high reliability and speed. Ceragon's
unique multicore technology provides highly reliable, high-capacity
4G wireless backhaul with minimal use of spectrum, power and other
resources. It enables increased productivity, as well as simple and
quick network modernization. We deliver a range of professional
services that ensure efficient network rollout and optimization to
achieve the highest value
for our customers. Our solutions are deployed by more than 460
service providers, as well as hundreds of private network owners,
in more than 130 countries.
Join the Discussion:
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https://www.facebook.com/ceragonnetworks/
https://twitter.com/Ceragon
https://www.youtube.com/user/CeragonNetworks?feature=mhum
http://blog.ceragon.com/blog
Safe Harbor
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.
This press release contains statements concerning
Ceragon's future prospects that are "forward-looking statements" as
defined in the Private Securities Litigation Reform Act of
1995. Such forward-looking statements are based on the current
beliefs, expectations and assumptions of Ceragon's management.
Examples of forward-looking statements include: projections of
revenues, net income, gross margin, capital expenditures and
liquidity, competitive pressures, growth prospects, product
development, financial resources, cost savings and other financial
matters. You may identify these and other forward-looking
statements by the use of words such as "may", "plans",
"anticipates", "believes", "estimates", "targets", "expects",
"intends", "potential" or the negative of such terms, or other
comparable terminology. These forward-looking statements are
subject to risks and uncertainties that may cause actual results to
differ materially, including risks associated with a decline
in revenues due to our focus on a single market segment; risks
relating to the concentration of Ceragon's business in certain
geographic regions such as India,
Latin America and in developing
nations and the political, economic and regulatory risks from doing
business in those regions, including potential currency
restrictions; risks associated with a change in Ceragon's gross
margin as a result of changes in the geographic mix of revenues;
risks associated with the loss of a single customer or customer
group, which represents a significant portion of Ceragon's
revenues; risks associated with Ceragon's failure to effectively
compete with other wireless equipment providers; and other risks
and uncertainties detailed from time to time in Ceragon's Annual
Report on Form 20-F and Ceragon's other filings with the Securities
and Exchange Commission that 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:
|
Investor
Contact:
|
Media
Contact:
|
Tanya
Solomon
|
Claudia
Gatlin
|
Denise
Duggan
|
Ceragon
Networks
|
|
Fujitsu Network
Communications
|
Tel:
+972-3-543-1163
|
Tel.
+1-212-830-9080
|
Tel.
+1-972-479-2796
|
tanyas@ceragon.com
|
claudiag@ceragon.com
|
denise.duggan@us.fujitsu.com
|
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SOURCE Ceragon Networks Ltd