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Orckit Communications Second Quarter Earnings Release And Conference Call Scheduled For July 16, 2001.

TEL AVIV, Israel, July 10 /PRNewswire/ --

Orckit Communications, Ltd. (Nasdaq: ORCT) announced that it will release its second quarter 2001 results on Monday, July 16, 2001, during pre-market hours.

Following the earnings announcement, Orckit will host a conference call at 11:00 a.m. EDT. The call can be accessed by dialing (888) 868-9080 in the United States and (973) 633-1010 internationally. The call will also be available live on the Internet at http://www.kcsa.com.

A replay of the call will be available beginning at approximately 1:00 P.M. EDT until July 18, 2001 at 11:59 p.m. To listen to the replay, please call (877) 519-4471 in the United States, and (973) 341-3080 internationally. To access the replay, users will need to enter the following code: 2704060.

About Orckit Communications

Orckit Communications Ltd. (Nasdaq: ORCT) is a leading provider of advanced digital subscriber line (DSL) solutions that enable high-speed broadband data transmission over existing copper infrastructure. Orckit's FastInternet(TM) ADSL access multiplexer (DSLAM), and CopperTrunk(R) HDSL platforms offer telecom operators and service providers a cost-effective solution enabling a variety of revenue-generating services such as voice, data and Internet access.

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, proprietary rights of the Company and its competitors, 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.

This release and prior releases are available on the KCSA Public Relations Worldwide website at http://www.kcsa.com.

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Publication:PR Newswire
Geographic Code:7ISRA
Date:Jul 10, 2001
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