SOURCE: Airspan Networks Inc.

Airspan Networks Inc.

December 15, 2010 08:30 ET

EnergyAustralia to Use Airspan for Smart Grid Communications Network

BOCA RATON, FL--(Marketwire - December 15, 2010) - Airspan Networks Inc., a leading provider of broadband wireless access networks, announced today that EnergyAustralia, the largest energy provider in Australia, will use Airspan WiMAX as a part of their next-generation smart grid communications network.

This is part of EnergyAustralia's smart grid roll out to transform its electricity network into a grid that is smarter, greener, more interactive and more reliable. The communications network is essential to enable more efficient electricity supply and greater control of energy use. The Airspan smart grid solution offers advanced, secure, broadband WiMAX technology to help EnergyAustralia increase efficiency, manage costs, better control the power supply during peak periods and provide consumers real-time energy usage and cost information.

The smart grid deployment is already under way with Airspan WiMAX 4G base station equipment being deployed at 150 locations in New South Wales over the next 6 months.

The Airspan WiMAX 4G smart grid network solution supports several applications including distribution automation, smart monitoring and demand response. Providing two-way, high-speed, broadband connectivity, Airspan enables real-time, secure communication from the energy bulk supply points all the way to the smart meter at the consumer location.

"EnergyAustralia is at the forefront of smart grid technology," commented Henrik Smith-Petersen, President of Global Business Development for Airspan. "By integrating the Airspan smart grid solution, EnergyAustralia is leveraging 4G technology for a seamless, secure, communications network that will widely benefit the company as well as their consumers."

Airspan provides 4G solutions operating in frequency bands ranging from 700 MHz through 5.4/8 GHz and offers licensed spectrum leases for secure, private networks in the 1.4 GHz band in the United States.

About Airspan Networks Inc.

Airspan (PINKSHEETS: AIRO) is a leading 4G wireless solution-provider and the vendor of choice for some of the world's largest broadband wireless deployments. Developing leading-edge technology for broadband access and IP-telephony, Airspan continues to supply customers 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 has over 100 commercial WiMAX deployments worldwide.

This press release contains forward-looking statements. 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. We do not assume any obligation to update any forward-looking statements.

Contact Information

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