FORM 6-K
SECURITIES AND EXCHANGE
COMMISSION
Washington, D. C. 20549
REPORT OF FOREIGN ISSUER
Pursuant to Section
13a-16 or 15d-16 of the
Securities Exchange Act
of 1934
For the month of September 2004
CERAGON NETWORKS LTD. |
(Translation of registrants name into English) |
24 Raoul Wallenberg Street, Tel Aviv 69719, Israel |
(Address of principal executive offices) |
Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.
Form 20-F x Form 40-F o
Indicate by check mark whether the registrant by furnishing the information contained in this Form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.
Yes o No x
If Yes is marked, indicate below the file number assigned to the registration in connection with Rule 12g3(b): 82 _________________
Signature
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
Date: September 7, 2004 | CERAGON NETWORKS LTD. BY: /S/ Norman Kotler Norman Kotler General Counsel and Corporate Secretary |
Exhibit Description
Press Release: Ceragon Networks® to Dual-List on Tel Aviv Stock Exchange in Addition to Nasdaq Listing
TEL AVIV, Israel, September 7, 2004 Ceragon Networks Ltd. (NASDAQ: CRNT), www.ceragon.com, a global provider of high-capacity broadband wireless systems, today announced that its shares will also be traded on the Tel Aviv Stock Exchange (TASE: CRNT), starting Sunday, September 12, 2004. Ceragons shares will be included in the Tel Aviv 100 and Tel-Tech indices. The dual listing follows a record quarter for Ceragon, in which revenues grew for the eleventh consecutive quarter reaching $13.0 million and the company achieved operating profitability for the first time.
We believe that listing our shares on the TASE in addition to NASDAQ will diversify and expand our shareholder base, said Shraga Katz, President and CEO, Ceragon Networks Ltd. We also expect that it will help increase the Companys trading volume.
Ceragon will continue to be subject to all the applicable rules and regulations of the NASDAQ National Market and the U.S. Securities and Exchange Commission. Ceragons dual listing will take advantage of the TASEs decision to exempt dual-listed companies from listing rules, maintenance regulations and additional reporting requirements.
About Ceragon Networks
Ltd.
Ceragon Networks Ltd. (NASDAQ: CRNT),
a pacesetter in broadband wireless networking systems, enables rapid and cost-effective
high-capacity network connectivity for mobile cellular infrastructure, fixed networks,
private networks and enterprises. Ceragons modular FibeAir product family
operates across multiple frequencies, supports integrated high-capacity services over
SONET/SDH, ATM and IP networks, and offers innovative built-in add/drop multiplexing and
encryption functionality to meet the growing demand for value-added broadband services.
Ceragons FibeAir product family complies with North American and international
standards and is installed with over 150 customers in more than 60 countries. More
information is available at www.ceragon.com
(MORE)
Ceragon Networks®, CeraView®, and the FibeAir® design mark are registered trademarks of Ceragon Networks Ltd., and Ceragon, FibeAir, PolyView, ConfigAir, CeraMon, EtherAir, QuickAir, QuickAir Partner Program, QuickAir Partner Certification Program, QuickAir Partner Zone, EncryptAir and Microwave Fiber are trademarks of Ceragon Networks Ltd.
This press release may contain statements concerning Ceragons future prospects that are forward-looking statements under the Private Securities Litigation Reform Act of 1995. These statements are based on current expectations and projections that involve a number of risks and uncertainties. There can be no assurance that future results will be achieved, and actual results could differ materially from forecasts and estimates. Important factors that could cause actual results to differ materially from forecasts and estimates include: Ceragons limited operating history and history of losses; Ceragons dependence on a limited number of key customers, independent manufacturers and suppliers; and the demand for Ceragons products and technology. These risks and uncertainties, as well as others, are discussed in greater detail in Ceragons Annual Report on Form 20-F and Ceragons other filings with the Securities and Exchange Commission. Forward-looking statements speak only as of the date on which they are made and Ceragon undertakes no commitment to revise or update any forward-looking statement in order to reflect events or circumstances after the date any such statement is made.
Company Contact: | Investor Contact: |
Eric Rosenberg Ceragon Networks Ltd. +972-3-766-8430 ericr@ceragon.com |
Daphna Golden Ceragon Networks Ltd. +972-3-645-5513 ir@ceragon.com |
2