SOURCE: Airspan Networks, Inc.

March 28, 2007 09:15 ET

Airspan Unveils Product Strategy for Mobile WiMAX at CTIA, Orlando, Florida

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 demonstrated continued technological leadership with a series of product enhancements unveiled today at CTIA.

--  Widespread availability of the HiperMAX "Software Defined Radio" WiMAX
    base station in multiple FDD and TDD frequency variants centered around 3.5
    GHz. The product line is shipping widely to multiple direct and OEM
    customers.
    
--  The addition of the Base Station Distribution Unit (BDSU) for the
    MicroMAX product line, now shipping in frequencies between 3.3 GHz and 3.7
    GHz and between 5.4 GHz and 5.8 GHz and supporting a full range of Virtual
    Private Network (VPN) and enterprise features in addition to broadband
    connectivity.
    
--  A product partnership with Starent Networks for the ASN Gateway and
    Home Agent - as announced earlier in the day, the companies will offer a
    joint full mobility solution for "Wave 2" 16e Mobile WiMAX.
    
--  Quad Band "Wave 2" 16e USB Mobile Device - as previously announced,
    this product will support the frequency bands 2.5 GHz, 3.5 GHz, and 5 GHz
    and in addition will support the critical 2.3 GHz band. Silicon Tape out on
    this device has occurred and first product shipments are expected late in
    2007. Orders for this product are being accepted now.
    
Since the start of 2007, Airspan has delivered over 170 sectors of the HiperMAX platform in 3.5 GHz, with commercial installations in tier one carriers in Europe and in Latin America. This platform today runs the WiMAX Forum certified 802.16-2004 and will be upgraded in software to support the "Wave 2" mobile WiMAX system profile as this is available. Airspan has also delivered over 1,000 sectors each of the similar HiperMAX-Micro in 4.9 GHz, the WiMAX Forum Certified™ MacroMAX and MicroMAX products. The complete architecture is feature rich and stable as a result of the extensive field deployment and an integrated Network Management platform, managing all of the product variants. Airspan also continues to lead in WiMAX/WiFi integration having shipped over 20,000 WiFi enabled WiMAX units.

"We are very satisfied with the market adoption of HiperMAX. Major carriers are selecting our product due to the superb combination of deployment economics and product features. Our large investment in R&D is paying off in terms of important contract wins with carriers who understand the mobile requirements of broadband in addition to their fixed network base. Partnerships such as Starent enhance our WiMAX ecosystem," said Eric Stonestrom, CEO and President of Airspan Networks, Inc.

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