TEL AVIV, Israel, May 27 /PRNewswire/ --

- New Mumbai Subsidiary to Leverage Heavy Ongoing 2G Growth, Impending 3G
Network Rollouts, Support Existing Indian Clients, and Spearhead Push Into
Asia-Pacific Region

TEL AVIV, Israel, May 27 /PRNewswire/ --

Celtro, the leading supplier of innovative mobile backhaul
switching solutions, today announced the opening of the company's Indian
subcontinent headquarters and newest subsidiary office in Mumbai, India.

As part of Celtro's ongoing global expansion, and in the wake
of growing interest in Celtro's mobile backhaul switching solutions in
emerging markets worldwide, the newest Celtro office will spearhead Celtro's
sales and support on the Indian subcontinent, and also lead current and
future activities in the Asia-Pacific region.

The timing of the subsidiary's launch is ideal to leverage the
impending rollout and mass-market adoption of 2G in India, and the
anticipated introduction of 3G technology later this year. Advanced mobile
technologies dramatically increase the need for enduser bandwidth - imposing
unmatched demands on the mobile backhaul network. Celtro's backhaul switching
solutions improve service delivery, increase network efficiency, and
facilitate flexible backhaul network evolution - helping mobile operators
enhance revenues, improve customer satisfaction, lower operational costs and
optimize their backhaul network assets.

Celtro's Indian subsidiary will be headed by Mr. Suhas Patil,
formerly President of Corrigent Systems India. Mr. Patil brings to Celtro a
track record of leadership and results-driven success in strategic sales,
marketing, and a decade relationship-building experience with top-tier
telecommunications clients in India and abroad.

"Celtro regards the Indian market as strategic in importance,
especially in light of the fast subscriber base growth in the region, and the
anticipated rollout of 3G networks," noted Ron Zor, CEO of Celtro. "Celtro
has already made notable inroads into India, and the decision to open an
office there demonstrates our strong commitment to local operators, allows us
to better serve our customers, and simultaneously brings us closer to
emerging opportunities in the region," he concluded.

"I am very pleased to join a market leader like Celtro," said
Mr. Suhas Patil, General Manager of Celtro India. "With its excellent
worldwide install base, and outstanding technology, I believe Celtro is
well-positioned to make significant and rapid progress in the growing Indian
mobile market. I look forward to playing a role in this success," he
concluded.

About Celtro

Experts in the mobile backhaul, Celtro provides innovative
switching solutions that empower mobile operators worldwide to improve
service delivery, increase network efficiency, and facilitate flexible
backhaul network evolution.

Celtro's patented technologies combine multi-service TDM, ATM,
Ethernet and IP/MPLS backhaul traffic switching to enable risk-free,
all-in-one-box migration from ATM networks, through HSDPA offload, to an
all-IP backhaul network.

Leveraging creative solutions that keep our customers one step
ahead in the mobile broadband revolution, Celtro's field-proven switching
solutions are commercially deployed by 80 top tier operators worldwide,
currently serving over 350 million subscribers. For more information, please
visit http://www.celtro.com.

Contact:

    Shlomit Tevet
    Marketing Director
    Celtro Ltd.
    T: +972-3-9206545
    M: +972-54-4730330
    Shlomit.Tevet@celtro.com