SOURCE: Airspan Networks Inc.

Airspan Networks Inc.

October 12, 2009 11:04 ET

Australian Operator, BigAir, Expanding Network With Airspan WiMAX™ Solution

Extending Broadband Next-Generation Services to Australians

BOCA RATON, FL--(Marketwire - October 12, 2009) - Airspan Networks Inc. (PINKSHEETS: AIRO), a leading provider of broadband wireless access networks, announced today that BigAir Group Limited (BigAir), an Australian wireless broadband service provider, is expanding WiMAX services across Australia.

Following successful deployments in Melbourne and Sydney, BigAir is continuing to use Airspan WiMAX equipment to expand its service offerings into the Perth, Adelaide, Brisbane and Gold Coast markets in the 5.8 GHz and 5.4 GHz frequency bands. BigAir first selected Airspan after an extensive trial in 2007.

Serving businesses throughout the region with voice and data services, the Airspan network enables BigAir to offer reliable, secure and robust connectivity. With a consistently growing customer base, BigAir is helping bridge the digital divide while delivering 4G technology to bandwidth-hungry Australians.

"BigAir has been very successful in serving our customer base," said BigAir CEO, Jason Ashton. "We own and operate Australia's largest fixed wireless next-generation broadband network which now covers the six largest cities in Australia. Utilizing Airspan's solution allows us to offer our customers higher speed, greater reliability and lower-cost broadband services."

In addition to the WiMAX solution, BigAir is using Airspan's FlexNET backhaul solution for higher point-to-point bandwidth requirements.

"We have been very impressed with BigAir's success and growth," commented Henrik Smith-Petersen, President of Business Development for Airspan. "This achievement further strengthens Airspan's global leadership position. Our advanced technology offers the functionality and business model that allows our partner's success. We are especially excited by this growth in Australia. With the largest broadband stimulus package of any country thus far, the Australian government has proven its interest in delivering high-speed broadband services to every Australian. BigAir and Airspan are playing a role in this initiative."

WiMAX technology is expected to play a significant role in Australia's National Broadband Initiative. With a massive $30 billion investment, the network will connect 90 percent of homes, schools and workplaces, and businesses to high-speed broadband over the next 8 years. WiMAX will be especially useful in connecting remote and rural areas.

About BigAir Group

ASX Listed BigAir Group (BGL) owns and operates Australia's largest metropolitan fixed WiMAX broadband network.

The Australian business market comprises nearly one million businesses and BigAir's network provides near blanket coverage across Sydney, Melbourne, Brisbane, Perth, Adelaide and the Gold Coast. BigAir's competitive advantage includes its state-of-the-art WiMAX network which allows it to install business-grade symmetric broadband services at speeds up to 100Mbps and distances up to 30km from its base stations with installation taking just a few hours. Most of BigAir's competitors rely on access to Telstra's copper network which can takes weeks to install a service and often does not deliver fast symmetric speeds. Mobile wireless networks such as the 3G mobile phone networks are also not nearly fast enough to meet the demands of business Internet users in an office environment. www.bigair.com.au

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. 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, 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
    Email: clottomane@airspan.com

    For Media Inquiries, contact:
    Dori Erann
    Director Marketing Communications
    Airspan Networks Inc.
    Tel. +1 561.893.8687
    Email: derann@airspan.com