SOURCE: Airspan Networks Inc.

Airspan Networks Inc.

January 29, 2014 15:44 ET

Airspan and b-lite Successfully Deploying LTE Technology in Aalst - Belgium Region

BOCA RATON, FL--(Marketwired - Jan 29, 2014) - Airspan Networks Inc., a leading provider of 4G LTE solutions, announced today the successful commercial deployment of its LTE solution in Band42 with b•lite, a leading 4G Service provider in Belgium.

The solution deployed is Airspan's compact eNodeB and EPC technology, allowing b•lite to take immediate and full advantage of LTE technology, increasing their network capacity and coverage. Airspan's Air4G compact eNodeB provides the same effective cell coverage as a traditional Macro eNodeB at much lower power consumption, lower footprint and lower total cost of ownership. The solution is fully compliant with latest 3GPP LTE standards and supports multiple types of LTE terminals.

"We are very pleased to deploy and demonstrate Airspan's LTE solution capabilities in a dense, urban environment in the heart of Europe," said Henrik Smith-Petersen, President, Global Sales, adding, "Airspan is fully supportive to b•lite in their business model and expansion plans where small cells and small cell backhaul solutions will play a significant role moving forward."

"We are very excited to be migrating to our first TD-LTE system in Belgium using 4G spectrum," said Max Heilbron, b•lite's CEO. "We are working with Airspan because we believe they have the expertise and experience we need to deliver the best solution. Our combined expertise together with our spectrum will give a significant boost to the mobile broadband availability in Belgium. Our 4G technology will be offered to residential and business customers and will also be a great asset for any mobile broadband with a Quality of Service guarantee for projects enabling Wi-Fi on public transportation."

Airspan's small cell portfolio provides a comprehensive set of solutions for the deployment of LTE small cells in a variety of use cases in outdoor and indoor locations. AirSynergy and Air4G represent the industry's most ground-breaking and disruptive product solutions, radically changing the economics of providing LTE services.

About b•lite
b•lite is a Belgian telecom operator rolling-out a 4G network in Belgium using its 3.5 GHz spectrum. b•lite uses a bandwidth of 100 Mhz enabling extreme high throughputs for residential users, business and public transportation companies in Belgium.

About Airspan Networks Inc.
Airspan (OTCBB: AIRO) is a leading 4G LTE RAN solution provider, with over 1000 customers in over 100 countries. Airspan is regularly recognized as a leader and pioneer in 4G LTE and broadband wireless technologies. Airspan has an expansive product portfolio, which includes indoor and outdoor Femto and Pico cells, and all-outdoor, compact Micro and Macro base stations, a wide variety of user devices, and advanced core network products. These connectivity solutions operate in bands from 400 MHz up to 6.4 GHz.

Oak Investment Partners XI, Limited Partnership holds a controlling interest in Airspan. Airspan is not subject to the informational reporting requirements of the Securities Exchange Act of 1934 and, accordingly, does not file reports, financial statements, proxy statements, information statements or other information with the Securities and Exchange Commission. This press release contains forward-looking statements. All statements, other than statements of historical facts, including statements regarding our strategy, future operations, financial position, future revenues, projected costs, prospects, plans and objectives of management, may be deemed to be forward-looking statements. The words "anticipates," "believes," "estimates," "expects," "intends," "may," "plans," "projects," "will," "would" and similar expressions or negative variations thereof are intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words. We may not actually achieve the plans, intentions or expectations disclosed in our forward-looking statements and you should not place undue reliance on our forward-looking statements. There are a number of important factors that could cause actual results or events to differ materially from the plans, intentions and expectations disclosed in the forward-looking statements we make. Investors and others are therefore cautioned that a variety of factors, including certain risks, may affect our business and cause actual results to differ materially from those set forth in the forward-looking statements. We do not assume any obligation to update any forward-looking statements.