Ceragon Networks Ltd. announced that Zohar Zisapel, Chairman of the Board, passed away on, May 19 at the age of 74. Mr. Zisapel had been Chairman of the Board since Ceragon's incorporation in 1996. Zisapel was considered a founding father of Israel's emergence as a technology powerhouse.

He was a philanthropist in the areas of education, technology and science. Mr. Zisapel was a winner of the Israel Defense Prize and was also awarded the Technion Medal for his lifetime's work contribution to the advancement of humanity, the welfare of the Jewish People, and the State of Israel.