Airspan Networks to Announce Fourth Quarter 2006 Financial Results on February 28th at 5:00 p.m. EST

BOCA RATON, FL -- (MARKET WIRE) -- February 8, 2007 -- Airspan Networks, Inc. (NASDAQ: AIRN), a leading worldwide provider of WiMAX and Wi-Fi based broadband wireless access networks and carrier class Voice-over-Internet Protocol (VoIP) solutions, will report its results for the fourth quarter ending December 31, 2006 on Wednesday, February 28th after the close of the markets. An investor conference call is scheduled for 5:00 p.m. (EST) on the same day.

The dial-in numbers for the live conference call are as follows: US toll-free number is (888) 443-9987; the international access dial-in number is +1 (706) 634-0598. Please reference the Airspan Networks quarterly conference call Conference ID # 5613108.

Investors may register for the live webcast of the conference call under the 'financial calendar' tab of the Investor Relations section of the Airspan Web site at http://www.visualwebcaster.com/event.asp?id=37946.

For those who cannot listen to the live broadcast, an audio replay of the call will be available under the 'audio archives' section of the Investor Relations section the Airspan Web site. The US toll-free number for the replay is (800) 642-1687; international access number for the replay is +1 (706) 645-9291. Please use access code 5613108.

About Airspan Networks

Airspan Networks provides fixed and wireless voice and data systems and solutions, including Voice Over IP (VoIP). Its wireless products serve operators around the world in both licensed and unlicensed frequency bands between 700 MHz and 6 GHz, including both PCS and 3.5GHz international bands. Airspan has a strong wireless product roadmap that includes products meeting 802.11 a/b/g Wi-Fi standards, and WiMAX Forum Certified™ equipment that includes software upgradeability to the Mobile WiMAX™ 802.16e-2005 standard. Airspan is on the Board and is a founder member of the WiMAX Forum and a member of the Wi-Fi Alliance. The Company has deployments in more than 100 countries with more than 400 operators, 100 of which use Airspan's WiMAX Forum Certified™ and non-certified products. Airspan's wireless systems are based on radio technology that delivers excellent area coverage, high security and resistance to fading. These systems can be deployed rapidly and cost effectively, providing an attractive alternative to traditional wired communications networks. Airspan's AS.TONE VoIP system is a carrier class, turnkey solution that provides carriers with Class 4, Class 5 and IP-Centrex solutions and has a Softswitch and Gateways supporting SIP/H323 and SIP. AS.TONE's design provides customers, carriers, next-generation telcos, cellular providers and ITSP with a wide range of solutions with the best price/performance system for IP telephony. Airspan also offers radio planning, network installation, integration, training and support services to facilitate the deployment and operation of its systems. Airspan is headquartered in Boca Raton, Florida with its main operations center in Uxbridge, United Kingdom.

More information on Airspan can be found at http://www.airspan.com

Contact Information: For Investment and Media Inquiries, contact: Airspan Networks, Inc: David Brant Chief Financial Officer Tel: (561) 893-8650 Fax: (561) 893-8671 Email: Email Contact