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Orckit Adjourns 2009 Annual General Meeting With No Quorum

August 19, 2009 (FinancialWire) — Orckit Communications Ltd. (NASDAQ: ORCT) announced that the requisite quorum of two or more shareholders holding at least 25% of the outstanding ordinary shares was not present at its Annual General Meeting of Shareholders scheduled to be held on Monday, August 17, 2009 at 3: 00 p.m. Israel time.

Accordingly, pursuant to applicable law, an adjourned meeting will be held on Monday, August 24, 2009 at 3: 00 p.m. Israel time, at the offices of the company, 126 Yigal Allon Street, Tel Aviv, Israel.

The quorum for the adjourned meeting will be any two shareholders present in person or by proxy. The record date of July 13, 2009 will remain unchanged for the adjourned meeting.

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