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ECI Reports Q3

PETACH TIKVA, Israel -- ECI Telecom Ltd. (NASDAQ: ECIL), a global provider of advanced telecommunications solutions to leading carriers and service providers, reported today that revenues for the quarter ended September 30, 2006 reached $170 million, a 5% increase from the $162 million recorded in the third quarter of 2005 and similar to the level recorded in the second quarter of 2006.

GAAP net income for the third quarter of 2006 reached $7.1 million, or $0.06 per share on a fully diluted basis. This is up 14% compared with third quarter 2005 net income of $6.2 million, or $0.05 per share on a fully diluted basis and with $9.6 million, or $0.08 per share, in the second quarter of 2006, which included a unique $4.1 million gain, or $0.03 per share, resulting from the distribution of ECtel shares to ECI's shareholders.

Pro forma, non-GAAP, net income for the third quarter of 2006 was $11.1 million, or $0.09 per share, on a fully diluted basis. This is up 39% compared with third quarter 2005 non-GAAP net income of $8.0 million, or $0.07 per fully diluted share, and compared with $14.8 million, or $0.12 per share in the second quarter of 2006, which had also included the above mentioned $4.1 million gain resulting from the distribution of the ECtel shares.

ECI Telecom Ltd.

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