Metalink to Demonstrate Wireless Distribution of High-Definition Video at AeA Conference

Metalink Ltd. (NASDAQ: MTLK), a provider of high-performance wireless and wireline broadband communication silicon solutions, today announced that it will be presenting at the AeA Classic Financial Conference at the Portola Plaza Hotel, Monterey, California, on November 7-8, 2006.

At the conference, Metalink will demonstrate a wireless network based on WLANPlus(TM), Metalink's 802.11n-draft compliant chip-set, to deliver multiple high-definition video streams at wireline quality.

Optimized to address the needs of the consumer electronics market, Metalink's WLANPlus features full support for the demanding optional specifications of the 802.11n-draft standard, making it a key enabler of high-definition video streaming applications throughout the home. First-generation WLANPlus chipsets have already been integrated into various consumer electronics devices such as HDTVs, Set-Top Boxes and Media Adaptors, and second-generation chip-sets are in advanced stages of development.

Metalink will be demonstrating in room #301 - by pre-scheduled meetings only. To coordinate a meeting and demo, please contact info@MetalinkBB.com or call Mor Abraham at +972-54-4959023.

About Metalink

Metalink Ltd. (NASDAQ: MTLK) is a leading provider of high performance wireless and wireline broadband communication silicon solutions. Metalink's WLAN and DSL technologies are designed to enable true broadband connectivity in every home, and its products revolutionize the broadband experience by facilitating the convergence of telecommunication, networking and entertainment.

Metalink's WLANPlus(TM) is a high-throughput, 802.11n-draft-compliant wireless LAN technology optimized for the networked home entertainment environment. Featuring advanced MIMO technology and full support of QoS, and operating in both 2.4GHz and 5GHz bands, WLANPlus enables multi-room networking of multiple high-definition video streams. In addition, Metalink offers a broad range of symmetric DSL and VDSL products used by operators as a cost-effective network upgrade to support triple-play services.

Headquartered in Yakum, Israel, the company has subsidiaries in Atlanta (US), South Korea, and Japan as well as an office in China. Further information is available at http://www.metalinkbb.com

This press release contains "forward looking" information within the meaning of the United States securities laws that involve risks and uncertainties that could cause actual results to differ materially from those in the forward looking statements. Additional factors that could cause actual results to differ materially from these forward-looking statements are set forth from time to time in Metalink's filings with the Securities and Exchange Commission, including Metalink's Annual Report in Form F-20. Readers are cautioned not to place undue reliance on forward-looking statements. The Company undertakes no obligation to republish or revise forward-looking statements to reflect events or circumstances after the date hereof or to reflect the occurrences of unanticipated events. The Company cannot guarantee future results, events, and levels of activity, performance, or achievements.

Contact:

Mor Abraham

Marketing Communications Manager

Metalink Ltd.

Tel: +972-9-9605406

Fax: +972-9-9605544

amor@metalinkbb.com