SOURCE: Airspan Networks Inc.

April 24, 2008 08:52 ET

Airspan Provides WiMAX Solutions for Local Governments in Spain

Contract Marks Airspan's First MicroMAX Win in Spain

BOCA RATON, FL--(Marketwire - April 24, 2008) - Airspan Networks Inc. (NASDAQ: AIRN), a leading worldwide provider of WiMAX broadband wireless access networks, announced today that it will provide its MicroMAX base stations in the 5.4 GHz frequency band to the Regional Government in the Galicia region of Spain, in collaboration with its local reseller partner, Colabora.

Galicia is an example of the many areas of the world in otherwise advanced broadband markets whose connectivity is limited only by geography, and where wireless is the only viable way to provide broadband connectivity. Airspan's MicroMAX base station, which is a unique WiMAX product in the unlicensed 5.4 GHZ frequency band, provides a standards-based alternative to aging proprietary protocols that are available from other vendors.

"We are pleased to be involved in the WiMAX initiative in Spain and believe this is an affirmation of Airspan's MicroMAX product and its superior performance. Galicia has a long history of digital divide investment and we are happy to help in this and other important ICT projects," commented Anders Rendahl, Airspan's Senior Vice President of Sales and General Manager of EMEA.

Fermín Rodriguez Campos, Technical Director of Colabora, added, "Airspan's 5.4 GHz WiMAX products are ready to deploy and are the perfect solution for rural, local government networks thanks to the quality of service characteristics and affordable market price."

About Airspan Networks Inc.

Airspan is the industry's leading WiMAX pure player, ranked #1 for IEEE802.16-2004 WiMAX revenue in 2007 and has now been selected for some of the world's largest mobile WiMAX deployments. 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. www.airspan.com.

About Colabora Ingenieros

Colabora Ingenieros has extensive experience as a supplier and distributor of wireless solutions. The company is dedicated to supporting operators and large companies for the development of their telecommunications networks. Colabora Ingenieros provides engineering services geared especially to cellular operators and wireless enterprise applications; design, technical assistance and supervision of civil works for cable operators; consultancy for companies looking for consistent and reliable telecommunication solutions. www.colabora.es

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 December 31, 2007. 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 Airspan Investor Relations and Media Inquiries, contact:

    David Brant
    Senior Vice President & Chief Financial Officer
    Airspan Networks Inc.
    Tel: +1 561 893-8650
    Fax: +1 561 893-8681
    Email: Email Contact

    Charlotte Laurent-Ottomane
    Investor Relations
    Email: Email Contact
    Tel. +561 395 4581

    For Colabora Ingenieros, contact:

    Fermín Rodriguez Campos
    Project Manager
    Tel. +34 9 81922525
    Email Contact