Orckit-Corrigent Signed an Agreement with a Leading Scandinavian Service Provider for Upgrading Metro Area Networks for Residential, Business and Mobile Services Delivery

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Mon Nov 2, 2009 9:00am EST

TEL-AVIV, Israel--(Business Wire)--
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.

Orckit-Corrigent
Eylon Sorek, 972-3-6948-614
Director of marketing
eylons@orckit.com
www.orckit.com



Copyright Business Wire 2009

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