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               [CERAGON NETWORKS/LUCENT TECHNOLOGIES LETTERHEAD]


Contacts:      Brad Ritter
               GAJ Services Inc.
               740-363-2141
               britter@gajservices.com
               -----------------------

               Laura Yatim
               Ceragon Networks Ltd.
               972-3-765-7560
               laura@ceragon.com
               -----------------

               Alistair MacIntyre-Currie
               Lucent Technologies
               +44-207-647-8109
               amcurrie@lucent.com
               -------------------


LUCENT TECHNOLOGIES AND CERAGON NETWORKS
SIGN WORLDWIDE PURCHASING AGREEMENT

Global Service Providers Gain Broader Access to Ceragon's High-Capacity Systems

FOR IMMEDIATE RELEASE: TUESDAY, JANUARY 30, 2001
- ------------------------------------------------

     TEL AVIV, ISRAEL -- Ceragon Networks Ltd. (NASDAQ: CRNT), a global
provider of high-capacity point to point broadband wireless systems for
next-generation communications networks, and Lucent Technologies (NYSE: LU),
today announce entry into a worldwide purchasing agreement that will enable
Lucent to re-sell Ceragon's products to global service providers.

     Under the agreement, Lucent will re-sell Ceragon's networking equipment.
Ceragon's products will be deployed for high-capacity, metropolitan area
connections.

     "We are looking forward to growing our relationship with Ceragon," said
Cor Rozema, Global Business manager Microwave Radio, Lucent Technologies.
"Adding the FibeAir product family to our point to point microwave radio
portfolio will enable us to provide worldwide complete networking solutions."

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     Ceragon's broadband wireless solution, which includes the FibeAir product
family and CeragonView, its network management system, integrates multiple
networks (IP, ATM and SONET/SDH) and applications (Internet, data, video and
voice) over various capacities and frequencies (18, 23, 26, 28, 29, 31 and 38
GHz).

     "A relationship with Lucent further extends our reach in the global
market," said Shraga Katz, president and CEO, Ceragon Networks Ltd. "Lucent's
outstanding reputation as an innovative solution provider is a perfect fit with
Ceragon's networking equipment. Together we answer alternative service
providers' calls for turnkey functionality and high-capacity connections."

ABOUT CERAGON NETWORKS LTD.

     Ceragon Networks Ltd. is a pacesetter in point to point broadband wireless
networking systems, enabling high-capacity connectivity in metropolitan areas.
Uniquely designed for high-growth, global communications service providers to
generate immediate revenue, Ceragon's commercially proven intelligent broadband
network solutions support high-speed Internet access and integrated data, video
and voice services. Ceragon's FibeAir product family operates across multiple
licensed frequencies from 18 to 38 GHz while complying with North American and
International standards and delivering IP, SONET/SDH and ATM broadband networks.
Ceragon's products enable quick and cost-effective connections for capacity
constrained business customers within their own networks, or as a gateway onto
the backbone infrastructure. Founded in 1996, Ceragon is headquartered in Tel
Aviv, Israel, with North American headquarters in New Jersey and European
Headquarters in the UK. More information is available at www.ceragon.com.
Ceragon Networks - the shape of next generation networks.
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ABOUT LUCENT TECHNOLOGIES

     Lucent Technologies, a global company headquartered in Murray Hill, N.J.,
USA, designs and delivers the systems, software, silicon and services for
next-generation communications networks for service providers and enterprises.
Backed by the research and development of Bell Labs, Lucent focuses on
high-growth areas such as optical and wireless networks; Internet
infrastructure; communications software; communications semiconductors and
optoelectronics; Web-based enterprise solutions that link public and private
networks; and professional network design and consulting services. For more
information on Lucent Technologies, visit its Web site at http://www.lucent.com.


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