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Ticker:CRNT
Company Name: Ceragon Networks Ltd.

Business Overview from 10-K filing for Ceragon Networks Ltd.:

We were incorporated under the laws of the state of Israel on July 23, 1996 as Giganet Ltd. We changed our name to Ceragon Networks Ltd. on September 6, 2000, as part of the resolution of a dispute concerning the use of the word “Giganet.” We operate under the Israeli Companies Law. Our registered office is located at 24 Raoul Wallenberg Street, Tel Aviv 69719, Israel and the telephone number is 011-972-3-645-5733. Our world wide web address is www.ceragon.com. Our agent for service of process in the United States is Ceragon Networks, Inc., our wholly owned U.S. subsidiary and North American headquarters, located at 10 Forest Avenue, Paramus, New Jersey 07652. In the years ending December 31, 2004, 2003, and 2002, our capital expenditures were $0.6 million, $0.4 million and $0.3 million, respectively, and were spent primarily on production equipment and leasehold improvements.     

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