TEL AVIV, Israel, July 1, 2009 (GLOBE NEWSWIRE) -- Orckit (Nasdaq:ORCT) will release second quarter 2009 results on the morning of Wednesday, August 12, 2009. Following the release, Mr. Izhak Tamir, President, and Mr. Uri Shalom, Chief Financial Officer would like to invite you to participate in a conference call scheduled for Wednesday, August 12, 2009, at the times indicated below:

                       9:00 a.m. Eastern Daylight Time
                       6:00 a.m. Pacific Daylight Time
                             4:00 p.m.  (Israel)

To participate, please call the following teleconferencing numbers.

                           Domestic: (877) 316-9044
                        International: (706) 634-2329
                           Conference ID: 18102652

Please begin placing your calls 5 minutes before the hour.

For those unable to participate, there will be a replay available from August 12, 2009 at 12:00 p.m., EDT, through September 12, 2009 at 11:59 p.m., EDT. Please call:

                          Domestic: (800) 642-1687
                        International: (706) 645-9291
                        ID Code for Replay: 18102652

This call will be available as a Webcast on www.orckit.com and www.kcsa.com, and will be archived for 30 days.

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 product line of metro optical transport solutions, based on RPR and MPLS technologies, delivering packet transmission services in the metro area. For more information on Orckit see http://www.orckit.com.

CONTACT:  KCSA Strategic Communications
          Marybeth Csaby
            (212) 682-6300 ext. 236
          Meghan Garrity 
            (212) 682-6300 ext. 224
          Fax: (212) 697-0910