SOURCE: Airspan Networks Inc.

Airspan Networks Inc.

May 24, 2010 08:00 ET

Airspan Gold Sponsor at UTC Telecom 2010 Exhibiting Smart Grid Solution

Showcasing Comprehensive Solution for Utilities Including New Ruggedized WiMAX Subscriber Terminal

INDIANAPOLIS, IN--(Marketwire - May 24, 2010) -  Airspan Networks Inc., a leading provider of broadband wireless access networks, announced today its sponsorship of the Utilities Telecom Council (UTC) Telecom 2010 show and the introduction of a new ruggedized, vehicle-mounted subscriber terminal to complement an already comprehensive Smart Grid network infrastructure solution. The show is being held in the Indianapolis Convention Center through May 25, 2010.

Airspan has adapted their mature WiMAX technology to fit applications requiring vehicle connectivity within their network, creating a ruggedized, Wi-Fi enabled, vehicle mounted subscriber terminal. This unique unit, called MRT (mobile radio transmitter), allows for real-time information exchange, fleet management, surveillance and vehicle tracking.

The MRT adds to a broad offering of WiMAX units that enable Utilities to easily overlay their power grids with next-generation, WiMAX technologies. These IP based networks, called Smart Grids, increase automation, management and control while improving operational efficiency and reliability. The Smart Grid optimizes the utility's assets and communicates customer usage information in real-time, enables consumer participation, and enhances overall system dependability, security and quality.

All UTC attendees are invited to visit the Airspan Booth #251 to view the new MRT as well as the rest of the Airspan product portfolio.

Utilities benefit from the following Airspan features:

  • Real-time applications and services (Voice, Video and datacasting)
  • Supervisory Control and Data Acquisition (SCADA) -- real-time data gathering from remote locations
  • Robust two-way broadband connectivity with Quality of Service (QoS) for real-time services
  • Certified and Interoperable -- based on certification IOT testing of the WiMAX Forum
  • Mature technology, already in service with thousands of carriers and private networks worldwide
  • Macro, Micro and Pico infrastructure optimized for deployment on company's existing poles and installation sites
  • End-to-end authentication and inherent high-end security

"Airspan is appearing at, and proud to sponsor the UTC Telecom 2010 event, to address the growing communications needs of the utilities market. We have been working with several utilities to streamline and perfect our Smart Grid solution for a worldwide growing market. In the United States, the government has included $11 billion in the stimulus act to support smart grid deployment by utilities. This has stepped up the time table for deploying these types of networks," commented Amit Ancikovsky, President of Sales and Products.

Airspan provides Fixed and Mobile WiMAX solutions operating on the 700 MHz all the way up to the 5.4/8 GHz frequency bands.

About Airspan Networks Inc.
Airspan (PINKSHEETS: AIRO) is a leading 4G wireless solution-provider and the vendor of choice for some of the world's largest broadband wireless deployments. Developing leading-edge technology for broadband access and IP-telephony, Airspan continues to supply operators around the world with best-of-breed solutions. With direct sales offices throughout Asia, EMEA and the Americas, a worldwide network of resellers and agents, and partnership alliances with major OEMs, Airspan boasts over 100 commercial WiMAX deployments worldwide.

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.

Contact Information

  • For Investor Relations contact:
    Charlotte Laurent-Ottomane
    Investor Relations
    Tel. +1 561.395.4581

    For Media Inquiries, contact:
    Dori Erann
    Senior Director Marketing Communications
    Airspan Networks Inc.
    Tel. +1 561.893.8687