SOURCE: Airspan Networks, Inc.

December 14, 2005 18:35 ET

Airspan Successfully Completes WiMAX Demonstration in Sri Lanka

WiMAX System Enables First-Ever Broadband Wireless Video and Voice Call From Colombo to Galle at an INTEL Event

BOCA RATON, FL -- (MARKET WIRE) -- December 14, 2005 -- Airspan Networks, Inc. (NASDAQ: AIRN), a leading worldwide provider of broadband wireless access networks, including WiMAX standard systems, and carrier class VoIP systems, announced today that it has successfully completed a live demonstration of its AS.MAX WiMAX solution in Sri Lanka.

At an event hosted by Intel in Colombo, where Dr. Craig Barrett, Chairman -- Intel Corporation, delivered a keynote address on "Digital Inclusion" (how Sri Lanka can capitalize on the digital evolution), the power of digital connectivity was demonstrated when Mr. Barrett made a video call over multiple WiMAX links to the Mayor of Galle, a southern port city of Sri Lanka. The call was carried using Airspan's MacroMAX base-station platform and the nationwide wireless backbone network operated by MTT Network (Pvt.) Limited.

An Airspan EasyST, the world's first indoor, self-installable WiMAX customer premise device, was used on top of the perimeter wall of the Galle's historical Dutch Fort to connect to an Airspan MacroMAX base station site located 2.5 km away on the other side of the Galle Bay. A second MacroMAX base station in Colombo was connected to the first via MTT's SDH/PDH wireless back-bone. The delivery of the video call at the site of Mr. Barrett's speech was achieved via a link between an Airspan ProST and the Colombo MacroMAX. Airspan was thus successfully able to demonstrate a two-way video call to a location where no other communications technology existed to provide the connectivity.

Mr. Henrik Smith-Petersen, President of Asia for Airspan, said: "We are very pleased that our technology was used to provide this demonstration. The success of event showed how our WiMAX technologies can be used in a seamless manner to provide a combination of video and VoIP services. We have developed an unparalleled product portfolio and skill-set for wireless deployments, which will bring significant value to operators in countries like Sri Lanka, where broadband wireless digital connectivity continues to grow."

Airspan's AS.MAX product family has been designed for indoor, self-installable deployment of customer premises equipment, an essential requirement of operators for the economic rollout of broadband wireless. The EasyST is the first product of its type to fully enable indoor plug-and-play WiMAX services. The product family became commercially available in the third quarter of 2005. The products give businesses and consumers uninterrupted access to a rich variety of high bandwidth applications such as networked gaming, streamed digital music, TV, videoconferencing, and other real-time services at speeds faster than today's 3G networks. Fixed WiMAX is expected to deliver end-user data rates greater than 1 Mbps -- 3 to 5 times faster than today's commercial 3G networks.

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 offerings compliant with the 802.11 a/b/g and the WiMAX 802.16-2004 standard, including software upgradeability in WiMAX to the 802.16e standard. Airspan is on the Board and a founder member of the WiMAX Forum and a member of the Wi-Fi Alliance. The Company has deployments with more than 300 operators in more than 95 countries. 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 new 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

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 also subject to the risks and uncertainties described in its filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K/A for the year ended December 31, 2004. 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 and Media inquiries, contact:
    Airspan Networks:
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