Beeio Honey Ltd. — Call Transcript 2005

Dec 20, 2005

ORCKIT

ALERT: ORCKIT CONFERENCE CALL SCHEDULED FOR TODAY, DECEMBER 20, 2005 AT 11:00 EST, TO DISCUSS SELECTION BY WILTEL COMMUNICATIONS

Tel Aviv, Israel, December 20, 2005 - Orckit Communications Ltd. (NASDAQ: ORCT) announced that the Company will hold a conference call today, December 20, 2005 at 11:00 a.m. EST to discuss the selection of its metro products by WilTel Communications. Mr. Izhak Tamir, President and Aviv Boim, CFO of Orckit will discuss these developments.

Interested parties can access the call by dialing 800-370-0898 in the United States and 973-409-9260 internationally. The call will also be available live on the Internet at www.kcsa.com. Following the call, the webcast will be archived for a period of 30 days.

A replay of the call will be available beginning at approximately 1:00 p.m. EDT, December 20, 2005, until December 27, 2005 at 11:59 p.m. To listen to the replay, please call +1 (973) 341-3080. To access the replay, users will need to enter the following code: 6855499.

About Orckit Communications

Orckit Communications Ltd. is a leading provider of advanced telecom equipment targeting high capacity broadband services. Our products include Corrigent's CM-100 metro optical transport solution, based on RPR and MPLS technologies, delivering packet transmission services in the metro area. For more information, visit Orckit website at: www.Orckit.com

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, 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.