SOURCE: Airspan Networks Inc.

Airspan Networks Inc.

October 13, 2009 12:11 ET

Airspan WiMAX Solution Selected for Missouri Deployment

Delivering High-Speed Data Over 700 MHz Band

BOCA RATON, FL--(Marketwire - October 13, 2009) - Airspan Networks Inc. (PINKSHEETS: AIRO), a leading provider of broadband wireless access networks, announced today Stutler Technologies has purchased Airspan WiMAX equipment for Green Hills Companies broadband network offering high-speed data services in Missouri.

Operating on the 700 MHz frequency band recently cleared by broadcasters, the network is integrating Airspan's MicroMAXd platform. The 700 MHz solution is ideal for areas with low population density or for long-range coverage scenarios, requiring much less infrastructure and offering significant cost-savings.

"Green Hills, a rural Telco, first became a 700 MHz customer in 2004. They are now converting their Airspan legacy infrastructure to Airspan's 700 MHz WiMAX solution. We have been very happy with Airspan's service and equipment," said J.J. Stutler, CEO of Stutler Technologies. "We selected Airspan for the Base Station deployment cost as well as the ease of CPE management and support. We are counting on the WiMAX network to allow more customers per base station and better throughput. During our first base station conversions we have seen both."

Airspan is the only vendor to currently offer a 700 MHz WiMAX solution. Designed to leverage the frequency band characteristics, the Airspan solution encompasses a robust, secure and easy-to-deploy system.

"Airspan is just beginning to tap into the WiMAX 700 MHz market potential," commented Declan Byrne, Chief Marketing Officer for Airspan. "We are working closely with Stutler to target our legacy customers as well as other 700 MHz license holders. Airspan has the most comprehensive WiMAX solution to serve rural and emerging markets."

In addition to the 700 MHz frequency band, Airspan's MicroMAXd is also available for operation on the 1.5, 3.3, 3.5, 3.7, 4.9, 5.1, 5.4, 5.8 and 5.9 GHz bands.

About Stutler Technologies Corp.

Stutler Technologies is one of the largest US system integrators for major wireless equipment manufacturers and specializes in complete RF, telephony, networking and tower services as well as continued customer network education and support. Stutler Technologies caters to the needs and issues of the rural telephone community and actively works with both licensed and unlicensed fixed applications. With specific expertise in the 700 MHz and 3.65 GHz frequency bands, Stutler has nationwide deployments in 39 states and with over 60 700 MHz license holders.

About Airspan Networks Inc.

Airspan is a leading WiMAX pure player and the solution-provider of choice for some of the world's largest WiMAX deployments. Developing leading-edge technology for broadband access and IP-telephony, Airspan continues to supply operators around the world with best-of-breed solutions. 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.

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, 2008. 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 contact:
    Charlotte Laurent-Ottomane
    Investor Relations
    Tel. +1 561.395.4581

    For Media Inquiries, contact:
    Dori Erann
    Director Marketing Communications
    Airspan Networks Inc.
    Tel. +1 561.893.8687