Tel Aviv, Israel – May 03, 2010 – Orckit Communications Ltd. (NASDAQ: ORCT), the leading Carrier Ethernet + Transport (CE+T) networking vendor, today announced the addition of a new sales office and service center in Germany. The company has brought on industry veteran Mr. Bernd Muehlhaus to lead the new office as Regional Sales Director, where he will be responsible for developing sales channels and partnerships as well as cultivating multi-level relationships with new and existing customers. This announcement marks the latest achievement in a series of global expansion efforts to increase Orckit-Corrigent’s sales activities and local support across key regions with tremendous growth potential, including recent additions in Brazil, India, the Philippines and Thailand.

“We identified that the European market is returning to growth after the latest financial slow down and telecom operators are renewing their investment plans. We are responding by strengthening our presence in Europe to better serve our customers and develop new opportunities,” said Oren Tepper, Vice President, corporate sales at Orckit-Corrigent. “The company’s proven ability to deliver networking solutions for IPTV and residential triple play services, as well as enterprise VPN services, makes our innovative CE+T solutions an ideal fit for the large European market, and Germany in particular. We look forward to working with Mr. Muehlhaus to fulfill this opportunity with new and existing customers and partners.”

Increasing Orckit-Corrigent’s presence in Europe is an important strategic move for the company, as the region is responsible for capturing almost a third of the global Carrier Ethernet market. In addition to its announced customers in Germany and Scandinavia, Orckit-Corrigent currently has other unannounced customers that have deployed the company’s CM-4000 product portfolio for IPTV, Enterprise VPN, mobile backhauling and TDM migration services. The company has also numerous business partnerships throughout Europe.

“I am thrilled to be joining the talented team of professionals at Orckit-Corrigent and have the upmost confidence in the company’s innovative CE+T technologies, solutions and ability to serve our local requirements,” said Bernd Muehlhaus, Regional Sales Director at Orckit-Corrigent. “This is the perfect time for Orckit-Corrigent to enhance its activities with telecommunication service providers in Western Europe with the CM-4000 portfolio now that the local market is ready to accept innovative Layer 2 MPLS at all levels of metro aggregation and circuit emulation technologies.”

Mr. Muehlhaus brings with him more than 16 years of sales and business development experience with telecommunication service providers in the European Carrier Ethernet arena. Before joining Orckit-Corrigent, he served as the Vice President Sales Channel Partner for DATUS AG, Sales Director Central Europe for Telco Systems and Account Manager Central and Eastern Europe for Atrica Germany. In addition, Mr. Muehlhaus has held various positions at Tellabs and other leading companies.

Tel Aviv, Israel –April 28, 2010 – Orckit Communications Ltd.(NASDAQ: ORCT), the leading Carrier Ethernet + Transport (CE+T) networking vendor, today announced that MetroNet, the first Mexican metro network operator, has successfully deployed the first-ever 10GEMPLS metro ring in Mexico using Orckit-Corrigent’s CE+T solution. Deployed in 2010, MetroNet has leveraged Orckit-Corrigent’s innovative CE+T solution to bring 10G Ethernet to its “Carrier of Carriers” network, which provides high-end connectivity solutions to the majority of telecommunications operators in Mexico. This deployment is a significant milestone for Mexican telecommunications market, which has until been traditionally limited to lower Ethernet service rates. The deployment introduced a carrier-grade solution with high availability and reliability, multilayer OAM and protection mechanisms.

“MetroNet has a long-standing reputation as the leading provider of high- capacity telecommunication services in Mexico, and this deployment serves as another proof point that we are constantly embedding advanced technologies,” said Mr. Miguel Angel Fernandez, Chief Technology Officer at MetroNet. “We have used MPLS for many years and realize that Carrier Ethernet is indeed a significant growth engine for our networking infrastructure and business model. By using Orckit-Corrigent’s CM-4000 to enhance our network, we have taken our services to the next level and are now able to better serve our customers.”

With a global customer base featuring Tier-one carriers, established telecommunications service providers worldwide, such as MetroNet, are leveraging Orckit-Corrigent’s CE+T solutions to enhance their existing MPLS networks and provide reliable packet and TDM services to their customers – at an affordable price. MetroNet is using Orckit-Corrigent’s standard and interoperable Layer 2 MPLS to deliver scalable and affordable Carrier’s Carrier infrastructure, increasing their number of subscribers, services, and Gigabit Ethernet links.

“MetroNet’s deployment of the first 10GEMPLS metro ring is a great success for the entire Mexican telecommunications community, and we are thrilled to have provided the technology to make this achievement possible,” said Mr. Oren Tepper, Vice President corporate sales at Orckit-Corrigent. “In addition to demonstrating our commitment to MetroNet and the Central American/Latin American market, this accomplishment serves as another example of how Orckit-Corrigent’s technology enables service providers to improve their business case and profitability by increasing their network capacity, offering multi-service solutions and reducing their total cost of ownership.”

Tel Aviv, Israel – March 23, 2010 – Orckit Communications Ltd. (NASDAQ: ORCT), the leading Carrier Ethernet + Transport (CE+T) networking vendor, today announced the company has made significant upgrades to its mobile backhaul offering, which now encompasses a complete portfolio featuring new and innovative technologies. The newly extended solution combines gateway functionality on Orckit-Corrigent’s CM-4140 MPLS aggregation switch along with the introduction of the CM-11, a new multi-service access switch and cell site gateway. Together, this Carrier Ethernet solution enables the migration of low and high-rate TDM services, as well as data services, to a unified MPLS mobile network. For the first time ever, cell site, hub site and aggregation site gateways have finally been implemented on the same switching products, therefore introducing a scalable and affordable opportunity for mobile networking infrastructure.

“Having realized the full impact of Smartphones on network performance, mobile operators are starting to build their next generation networks with tremendous focus on data delivery and investment levels,” said Mr. Sharon Mantin, VP Marketing at Orckit-Corrigent. “Since Orckit-Corrigent specializes in Layer 2 MPLS switching coupled with circuit emulation and synchronization technologies, the company is in an excellent position to fulfill the vast potential for the mobile backhaul market.”

One of the most important growth engines for mobile operators is their ability to offer any type of content. The massive delivery of Internet and TV content is impacting mobile backhauling infrastructure, which was originally built to handle voice traffic. The road ahead is fraught with technical challenges such as how to deliver significantly more data while preserving the synchronous nature of the network, and how to perform phased migration from a TDM network to a packet-based network. The consensus among industry analysts is that Ethernet enables next generation mobile networks.

“Our new extended solution introduces the innovative implementation of all mobile gateways, packed in with a small footprint and power consumption that is unmatched in the market, and eliminates the traditional solution that is based on two products: a switch, plus a gateway,” added Mr. Mantin. “We can now deliver any TDM service, from E1 to STM, and meet mobile backhaul requirements with ease and superior efficiency.”

Orckit-Corrigent’s mobile backhaul solution is based on the CM-4140 MPLS aggregation switch, CM-11 multi-service access switch and CM-View management system. This solution introduces cost efficiency and technology advantages to the market by enabling the delivery of TDM services over standard and interoperable MPLS networks, in addition to gateway functionality that is implemented on the switches.

CM-4140

The CM-4140 brings added value in its MPLS/Ethernet/TDM package, solution offering and aggressive price point. The product is positioned as Hub and/or Aggregation Site Gateway (HSG/ASG) and is equipped with the following key capabilities:

• Standard and interoperable Layer 2 MPLS
• Dense mixture of GE, 10GE and PDH/SDH interfaces
• E1, STM-1/4/16 over packet
• CEP, SAToP, CESoP
• Synchronous Ethernet, IEEE 1588v2
• 168G switching capacity at 3RU footprint with 250W of power consumption

CM-11

The CM-11 is a flexible multi-service access switch with E1/T1, FE/GE interfaces that enables the delivery of voice, video and data services in mobile networks. The product is positioned as Cell Site Gateway (CSG) and is equipped with the following key capabilities:

• E1/T1 and FE/GE interfaces
• SAToP, CESoP, ETHoP
• Synchronous Ethernet, IEEE 1588v2

CM-View

The CM-View is a high-end management and service provisioning system, providing “transport-class” management capabilities for mobile networks. The CM-View eliminates the need for costly and complex CLI provisioning and offers a significant OPEX reduction.

Tel Aviv, Israel - March 9, 2010 - Orckit Communications Ltd. (NASDAQ: ORCT), the leading Carrier Ethernet + Transport (CE+T) networking vendor, today announced the establishment of a new office in Thailand. The company has also appointed Mr. Monchai Kunwattanakorn as the new VP Sales for Thailand, Laos and Myanmar, where he will lead the new sales office, based in Bangkok. Mr. Kunwattanakorn brings with him vast sales and business development experience in the telecommunication industry from his previous leadership positions at Nortel, Siemens and Ericsson.

“This announcement, which comes on the heels of three recent office additions in Latin America and Southern Asia, serves as further proof of Orckit-Corrigent’s global expansion and efforts to improve local support in 2010,” said Mr. Oren Tepper, Vice President, corporate sales at Orckit-Corrigent. “Together with our existing offices in Japan and Korea, as well as our new offices in the Philippines and India, we now have a more solid presence in APAC, demonstrating our commitment and investment in this market.”

The fixed and mobile telecommunication market in Thailand continues to grow due to increasing demand for residential, enterprise and mobile services. Analyst firm HeavyReading has predicted total fixed revenues of $1,974 million and total mobile revenues of $6,107 million for 2009. With an increase of per-population broadband subscribers by 27 percent per year, the demand for additional bandwidth and advanced services is obvious.

“IPTV, mobile real-time content and other advanced telecommunication services are just starting to ramp up in Thailand, Laos and Myanmar,” said Mr. Monchai Kunwattanakorn, VP Sales Thailand, Laos and Myanmar at Orckit-Corrigent. “Orckit-Corrigent’s field-proven Carrier Ethernet + Transport solutions present technical and cost advantages, which are an excellent fit for the local market opportunities such as FTTx plans and 3G expansions.”

Tel Aviv, Israel – February 25, 2010 – Orckit Communications Ltd. (NASDAQ: ORCT), the leading Carrier Ethernet + Transport (CE+T) networking vendor, today announced that Mr. VK Aggarwal has joined the company as Managing Director India. Bringing more than 35 years of sales, business development, marketing and R&D expertise in the telecommunication market, Mr. Aggarwal will be leading the Indian headquarters, based in Gurgaon.

“VK Aggarwal joins Orckit-Corrigent from one of the world’s largest telecommunication vendors, Nokia Siemens Networks, where he served as Account Director for public operators and defense. Prior to this, he served as Executive Vice President, Siemens Communications for public & private operators and defense. His decision to join Orckit-Corrigent is evidence to our success and potential as a company,” said Mr. Oren Tepper, Vice President, corporate sales. “We recently announced the selection of our solutions by a Tier-1 service provider in India, and with the newly extended team we are looking forward to taking an active role in building the next generation transport for India’s networking infrastructure.”

The telecommunication market in India continues to present exceptional growth. For example, analyst firm OVUM has predicted 135 million new mobile connections in India in 2010. Cost optimized solutions are mandatory for building networks on a very large scale, and Orckit-Corrigent was able to introduce a Carrier Ethernet platform that is both scalable and cost efficient.

“Orckit-Corrigent has an excellent track record with innovative technologies. I look forward to joining the company’s talented team and fulfilling our potential in this growing market,” said Mr. VK Aggarwal, Managing Director, India at Orckit-Corrigent. “The company has already gained a significant footprint by building the next generation triple play network that is based on GPON technologies, and upcoming phases of the deployment will rely on Carrier Ethernet + Transport solutions.”

Orckit-Corrigent has also brought on additional employees to its headquarters in Gurgaon, India, to better serve the existing customers and develop new business opportunities.

Tel Aviv, Israel – February 09, 2010 – Orckit Communications Ltd. (NASDAQ: ORCT), the leading Carrier Ethernet + Transport (CE+T) networking vendor, today announced its participation in the MPLS and Ethernet World Congress multi-vendor interoperability testing event, organized by the European Advanced Networking Test Center (EANTC). For the testing, Orckit-Corrigent submitted members of its CM-4000 CE+T products as well as its CM-11 multi-service access switches. The products demonstrate MPLS and MPLS-TP interoperability for advanced services and applications such as VPLS and video broadcasting, as well as advanced technologies such as synchronization, OAM, SAToP and IGMP snooping in order to deliver enterprise VPN, residential triple play and mobile backhauling in metro area networks.

“I am very pleased that Orckit-Corrigent continues to participate in our tests,” said Carsten Rossenhoevel, Managing Director at EANTC. “In a competitive networking environment, interoperability is a valuable asset, and Orckit-Corrigent is realizing that by expanding its participation this year and demonstrating more interoperable technologies and services.”

Orckit-Corrigent’s interoperable products are based on Layer 2 standards and are able to deliver all types of Ethernet services as well as low and high rates of TDM traffic. The products are exclusive in their low power consumption and high capacity on a small form factor. Combined with a transport-class management system, the end-to-end solution is both scalable and affordable.

“Orckit-Corrigent’s continued investment in interoperability is catering to a real market demand for best-of-breed,” said Sharon Mantin, VP marketing at Orckit-Corrigent. “Telecommunication service providers are characterizing the most appropriate products for each network domain. Therefore, today’s networking infrastructure requires multi-vendor and interoperable capabilities for advanced, QoS based, services with comprehensive OAM and protection schemes. In the event we clearly see the dominancy of MPLS technology as transport and services enabler. This is in line with our customers’ requirements and growth plans.”

Orckit-Corrigent successfully demonstrated interoperability alongside leading vendors in the Carrier Ethernet market as described in details in the EANTC report.

CE+T networking provider boosts presence in APAC with new Sales office in the Philippines, headed by industry veteran Lindsay Ryan

Tel Aviv, Israel – January 21, 2010 – Orckit Communications Ltd. (NASDAQ: ORCT), the leading Carrier Ethernet + Transport (CE+T) networking vendor, today announced the establishment of a new office in Manila to address the Philippines telecommunication sector.  Mr. Lindsay Ryan, a veteran telecommunication sales and business development professional, has held key Regional positions throughout APAC for a number of major telecommunication players. Some of his key roles included International Sales Manager for AWA (Amalgamated Wireless Australasia), V.P Sales Asia Pacific with Scientific-Atlanta and Chief Representative China and Philippines with Gilat Satellite Communications Company. Lindsay has enthusiastically joined the company as regional sales manager to head the new office.

“We are exceptionally pleased to have Lindsay join us as the head of our newest office. I trust that Lindsay’s vast experience and knowhow of the market will significantly contribute to our success in the Philippines,” said Mr. Oren Tepper, Vice President corporate sales at Orckit-Corrigent. “Inaugurating our Philippines office follows the company plan to address strategic markets by enhancing our local service and support capabilities. APAC is a key region for the company given the projected expenditure increase in Ethernet based Metro Networks and leveraging our proven install base and experience with three top Tier-1 service providers in the region.”

The APAC region continues to see rapid bandwidth growth and phased migration from legacy PDH/SDH technologies and TDM services to MPLS technology and packet-based services, resulting increased demand for cost optimized Carrier Ethernet + Transport solutions. Orckit-Corrigent’s field-proven MPLS and TDM over packet technologies integrated with design-to-cost architecture introduce an optimal offering to meet this demand.

“Orckit Corrigent has an excellent track record in APAC. I am excited to become a valued part of their talented team of professionals and strongly believe in the company’s growth potential and the significant opportunities presented by their state of the art technology,” said Mr. Lindsay Ryan, regional sales manager at Orckit-Corrigent. “With the introduction of standard and cost optimized Carrier Ethernet solutions that couple MPLS and circuit emulation technologies, Orckit-Corrigent is well positioned to meet the Philippines telecom sector needs by offering phased migration from traditional transport to packet based networks avoiding a painful clear cut and fork lifting of SDH installed base.”

Tel-Aviv, Israel - November 02, 2009 – Orckit-Corrigent (NASDAQ: ORCT), the leading Carrier Ethernet + Transport (CE+T) networking vendor, today announced that a leading Scandinavian telecommunication service  provider, has chosen Orckit-Corrigent’s CM-4000 MPLS product portfolio to enable services migration and expansion for residential, enterprise and mobile subscribers.

About Orckit Communications Ltd.

Orckit facilitates telecommunication providers’ delivery of high capacity broadband residential, business and mobile services over wireline or wireless networks with its Orckit-Corrigent family of products. With 20 years of field experience, a reputable list of worldwide Tier-1 customers and sound leadership, Orckit has a firm foothold in the ever-developing world of telecommunication.

Orckit-Corrigent’s product lines include Carrier Ethernet + Transport (CE+T) switches – an MPLS based portfolio enabling advanced packet as well as legacy services over packet networks with a wide set of transport features, and Personalized Video Distribution systems – an advanced video distribution portfolio, optimized for IPTV, enabling multiple HD streams per home.

Orckit-Corrigent markets its products directly and indirectly through strategic alliances as well as distribution and reseller partners worldwide.

Orckit was founded in 1990 and went public 1996. Orckit is dually listed on NasdaqGM (ORCT) and the Tel Aviv Stock Exchange and is headquartered in Tel-Aviv, Israel

Certain matters discussed in this news release are forward-looking statements that involve a number of risks and uncertainties including, but not limited to, risks in product development plans and schedules, rapid technological change, changes and delays in product approval and introduction, customer acceptance of new products, the impact of competitive products and pricing, market acceptance, the lengthy sales cycle, exchange rate fluctuations, fluctuation in order size, proprietary rights of the Company and its competitors, need for additional financing, the ability to repay the convertible notes, risk of operations in Israel, government regulation, dependence on third parties to manufacture products, general economic conditions and other risk factors detailed in the Company’s United States Securities and Exchange Commission filings. Actual results may materially differ. Orckit assumes no obligation to update the information in this release.

Tel-Aviv, Israel - September 14, 2009 - Orckit Communications Ltd. (NasdaqGM: ORCT), a leading Carrier Ethernet + Transport (CE+T) networking vendor, today announced that its CM-4000 product was selected by a leading telecommunication service provider in India through an OEM channel. Orckit-Corrigent’s solution will be deployed as part of a next generation triple play network based on GPON technologies. The total expected revenues to Orckit-Corrigent from the first phase of deployment through this OEM channel are approximately $4.0 million.

About Orckit Communications Ltd.

Orckit facilitates telecommunication providers’ delivery of high capacity broadband residential, business and mobile services over wireline or wireless networks with its Orckit-Corrigent family of products. With 20 years of field experience, a reputable list of worldwide Tier-1 customers and sound leadership, the Company has a firm foothold in the ever-developing world of telecommunications.

Orckit-Corrigent’s product lines include: Carrier Ethernet + Transport (CE+T) switches – an MPLS based portfolio enabling advanced packet as well as legacy services over packet networks with a wide set of transport features; and Personalized Video Distribution systems – an advanced video distribution portfolio, optimized for IPTV, enabling multiple HD streams per home over the existing DSL infrastructure.
Orckit-Corrigent markets its products directly and indirectly through strategic alliances as well as distribution and reseller partners worldwide.

Orckit was founded in 1990 and went public 1996. Orckit is dually listed on NasdaqGM (ORCT) and the Tel Aviv Stock Exchange and is headquartered in Tel-Aviv, Israel.

Certain matters discussed in this news release are forward-looking statements that involve a number of risks and uncertainties including, but not limited to, risks in product development plans and schedules, rapid technological change, changes and delays in product approval and introduction, customer acceptance of new products, the impact of competitive products and pricing, market acceptance, the lengthy sales cycle, exchange rate fluctuations, fluctuation in order size, proprietary rights of the Company and its competitors, need for additional financing, the ability to repay the convertible notes, risk of operations in Israel, government regulation, dependence on third parties to manufacture products, general economic conditions and other risk factors detailed in the Company’s United States Securities and Exchange Commission filings. Actual results may materially differ. Orckit assumes no obligation to update the information in this release.

Tel-Aviv, Israel - August 10, 2009 - Orckit Communications Ltd (NASDAQ: ORCT), the leading Carrier Ethernet + Transport (CE+T) networking vendor, today announced the establishment of a new office in Brazil to extend its presence in Latin America region. The new office is headed by Mr. Osmar Correa, a telecommunication sales and business development veteran. This investment is reflecting the company’s efforts to leverage the latest CM-4000 CE+T portfolio success at Mexico to the entire Latin America region.

“We are pleased to have Mr. Osmar Correa on board. Our CE+T solution is ideally suitable for Mercosur and Latin America market due to its capabilities to exploit existing install base and provide phased migration towards next generation networks” said Oren Tepper, Vice President corporate sales at Orckit Communications. “We have recently announced the selection of MetroNet, a Mexican carrier of carriers, in our CM-4000 portfolio. This is an excellent footprint in the local market and we intend to leverage this success to Mercosur with Mr. Correa’s assistance. Mr. Correa brings vast knowledge and experience from his previous roles as sales manager for Allot Communications, Memotec Corp, and Ericsson Brazil, and we are confident in Mr. Correa’s ability to succeed in his new position.”

“I am pleased to join Orckit-Corrigent and strongly believe in our chances to conduct fruitful business in Brazil and the Latin America region,” said Osmar Correa, Brazil country manager at Orckit-Corrigent. “The local Carrier Ethernet market opens an opportunity for our Layer 2 MPLS platforms. Orckit-Corrigent brings attractive solution to this marketplace and with the existing footprint in Mexico, we are in a good position to gain more market share.”

About Orckit Communications Ltd.

Orckit facilitates telecommunication providers’ delivery of high capacity broadband residential, business and mobile services over wireline or wireless networks with its Orckit-Corrigent family of products. With 20 years of field experience, a reputable list of worldwide Tier-1 customers and sound leadership, the Company has a firm foothold in the ever-developing world of telecommunications.

Orckit-Corrigent’s product lines include Carrier Ethernet + Transport (CE+T) switches – An MPLS based portfolio enabling advanced packet as well as legacy services over packet networks with a wide set of transport features, and Personalized Video Distribution systems – An advanced video distribution portfolio, optimized for IPTV, enabling multiple HD streams per home over the existing DSL infrastructure.

Orckit-Corrigent markets its products directly and indirectly through strategic alliances as well as distribution and reseller partners worldwide.

Orckit was founded in 1990 and went public 1996. Orckit is dually listed on NasdaqGM (ORCT) and the Tel Aviv Stock Exchange and is headquartered in Tel-Aviv, Israel.

Certain matters discussed in this news release are forward-looking statements that involve a number of risks and uncertainties including, but not limited to, risks in product development plans and schedules, rapid technological change, changes and delays in product approval and introduction, customer acceptance of new products, the impact of competitive products and pricing, market acceptance, the lengthy sales cycle, exchange rate fluctuations, fluctuation in order size, proprietary rights of the Company and its competitors, need for additional financing, the ability to repay the convertible notes, risk of operations in Israel, government regulation, dependence on third parties to manufacture products, general economic conditions and other risk factors detailed in the Company’s United States Securities and Exchange Commission filings. Orckit assumes no obligation to update the information in this release.