SOURCE: Airspan Networks Inc.

February 21, 2008 10:03 ET

Airspan Supplies WiMAX Solutions to Ulusnet in Mongolia

BOCA RATON, FL--(Marketwire - February 21, 2008) - Airspan Networks Inc. (NASDAQ: AIRN), a leading worldwide provider of WiMAX based broadband wireless access networks, announced today that it continues to supply its MacroMAX base stations and customer premise equipment (CPEs) to Ulusnet, Mobicom's subsidiary in Mongolia, as the carrier builds out its WiMAX network. Ulusnet began offering WiMAX services in February of last year, using Airspan's WiMAX solutions.

Mobicom is the largest mobile operator in Mongolia and, through its subsidiary, Ulusnet, has deployed the first WiMAX network in this region. Ulusnet currently offers wireless internet service to residential subscribers as well as a broad range of commercial customers. The WiMAX network is being deployed in Mongolia's capital, Ulaanbaatar.

Airspan is supplying Ulusnet with its MacroMAX base stations operating in the 3.5 GHz band together with its EasyST indoor subscriber terminals. Airspan's WiMAX solution is a highly upgradeable base station designed for both fixed and nomadic applications for urban and suburban deployments.

Henrik Smith-Petersen, Airspan's Vice President of Sales and General Manager of APAC, commented, "Ulusnet's initiative is representative of the growing demand we are seeing in the Asia Pacific region for WiMAX solutions. We are working with Ulusnet to ensure that our solution will provide them with the coverage and diversity that is required at this point in their deployment strategy and that it will maximize their coverage to grow their subscriber base."

"We are proud to launch the first commercial WiMAX network in Mongolia and bring long-awaited true broadband to this market," said Davaakhuu Byambatseren, CEO of Ulusnet. "Airspan's WiMAX leadership in Asia Pacific and extensive experience in deploying large networks throughout the region were clearly evidenced by the trials we held with the leading vendors since last year. Airspan was outstanding in terms of product performance and feature sets."

MacroMAX, Airspan's first WiMAX compliant base station, has been designed to deliver the best link budget with the highest capacity and net throughput; all essential qualities for macro-cell deployments used in typical wireless roll out. It is available in the 3.4 - 3.6 GHz band in the 3.5F1 profile. MacroMAX has been shipping to customers since the summer of 2005. MacroMAX was the first base station product to achieve WiMAX ForumT certification in March 2006.

About Ulusnet LLC

The first WiMax service provider in Mongolia, Ulusnet LLC was founded on March 18, 2005 as a joint-venture company with Mobicom Corporation, the largest mobile operator of Mongolia. Ulusnet main business activities include information technology services based on WiMax technology.

Ulusnet LLC is a new provider of consumer and business internet services through a number of products, including U-home, U-office, U-royal and U-card. The company's communications services include Internet access, Virtual Private Network (VPN), email, web hosting, server collocation and in the future will extend its services to VoIP over WiMax. Ulusnet LLC is headquartered on Floor 10, 8 Zovkhis Building, Seoul Street, Ulaanbaatar, Mongolia. For more information about Ulusnet LLC, please visit http://www.ulusnet.mn

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 December 31, 2006 and in the Company's 2007 Quarterly Reports on Form 10-Q. 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 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