-- 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