Airspan Networks to Present at the Needham 9th Annual Growth Conference

BOCA RATON, FL -- (MARKET WIRE) -- January 10, 2007 -- Airspan Networks Inc. (NASDAQ: AIRN), a leading worldwide provider of WiMAX-based broadband wireless access networks and carrier class Voice-over-Internet protocol (VoIP) solutions, today announced that Eric Stonestrom, CEO, and David Brant, CFO, will be presenting at the Needham & Company Needham 9th Annual Growth Stock Conference.

Airspan's presentation will take place on Friday, January 12th, at 11:00 a.m. (Eastern Standard Time) in the Fahnestock conference room at The New York Palace Hotel in New York and will be webcast live.

Please register at http://www.wsw.com/webcast/needham16/airn/ for the webcast.

About Airspan Networks Inc.

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: David Brant Chief Financial Officer Tel: +1 561 893 8650 Fax: +1 561 893 8671 Email: Email Contact