Airspan Networks Announces General Availability of Its High Performance "16e-ready" HiperMAX WiMAX Base Station

ORLANDO, FL -- (MARKET WIRE) -- March 28, 2007 -- Airspan Networks, Inc. (NASDAQ: AIRN), a leading worldwide provider of WiMAX and Wi-Fi based broadband wireless access networks, today announced the general availability and successful commercial deployment of its "16e-ready" HiperMAX Base Station.

In the fourth quarter 2006 and the first quarter 2007, Airspan successfully shipped its HiperMAX Base station to over 10 carriers in four continents, including commercial deployment with two major European tier 1 carriers, with multiple proprieties in South America and the Mediterranean, respectively.

Eric Stonestrom, CEO and President of Airspan Networks, commented, "We are very pleased by the strong market traction we have achieved with our HiperMAX Base Station. HiperMAX has been selected by tier 1 industry carriers because of its future-proof design, class leading operational range and lowest cost per Bit/Hz/Sec of delivered broadband capacity. Over 170 sectors have been provided in the 3.5 GHz band in the first few months of 2007, a formidable launch for the product."

HiperMAX, which features the industry's only true software defined radio (SDR), enables carriers to simultaneously deploy OFDM Fixed and OFDMA 16e Mobile WiMAX services from the same platform. HiperMAX supports the simultaneous deployment of FDD and TDD WiMAX using a unique co-existence operating mode that ensures the effective use of edge frequencies, which are typically wasted by TDD-only platforms. HiperMAX also supports advanced multiple antenna transmit and receive diversity (including Space Time Coding) for Fixed WiMAX and both Matrix A and Matrix B MIMO (Multiple-in and Multiple-out) for "Wave 2" 16e Mobile WiMAX.

Paul Senior, Vice President of Marketing and Product Management at Airspan Networks, added, "HiperMAX allows our carrier customers to combine the strengths of today's Fixed WiMAX, which is ideal for Ethernet based layer 2 'DSL-like' deployment using indoor and outdoor modems, with high performance MIMO based 16e Mobile WiMAX, which is optimized for providing broadband services to embedded WiMAX radios in Laptops, PDAs and Handsets, or Mobile WiMAX connectivity provided by add-in cards or USB devices. By combining the best of both worlds, carriers can significantly improve the robustness of their business case, offering multiple services to a range of customer types."

Airspan Networks is exhibiting at the CTIA Wireless 07, booth number 2893.

About Airspan Networks, Inc.

Airspan Networks provides wireless voice and broadband data systems and solutions for the fixed and mobile WiMAX and Wi-Fi markets, 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. Airspan has a strong wireless product roadmap that includes WiMAX Forum Certified equipment and products meeting 802.11 a/b/g Wi-Fi standards, Airspan's HiperMAX and MicroMAX base station products support portable and mobile 802.16e-2005 WiMAX alongside fixed and nomadic 802.16-2004 products. Airspan products also include "self install" and professionally installed customer premise equipment. 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 also offers radio planning, network installation, integration, training and support services to facilitate the deployment and operation of its systems. Airspan is an international telecommunications equipment provider headquartered in Boca Raton, Florida.

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

This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. 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. The Company is subject to the risks and uncertainties described in its filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended 31 December, 2006. You should read those factors as being applicable to all related forward-looking statements wherever they appear in this press release. We do not assume any obligation to update any forward-looking statements.

Contact Information: For Investment inquiries, contact: Airspan Networks: David Brant Chief Financial Officer Tel: +1 561 893-8650 Fax: +1 561 893-8671 Email: Email Contact