SOURCE: Airspan Networks Inc.

July 02, 2008 10:14 ET

On-Communications Chooses Airspan's WiMAX Solutions

The UK's Largest Fixed Wireless Access Provider Goes WiMAX

BOCA RATON, FL--(Marketwire - July 2, 2008) - Airspan Networks, Inc. (NASDAQ: AIRN), a leading provider of WiMAX-based broadband wireless access networks announced today that On-Communications, the UK's Enterprise Fixed Wireless Access (FWA) market leader, has chosen Airspan as its preferred technology partner to supply WiMAX solutions as it rapidly extends its UK network rollout.

On-Communications provides broadband wireless business-to-business Internet Services that gives a guaranteed bandwidth with performance similar to a dedicated leased line, but at lower cost and with the flexibility of extra bandwidth at busy times. After extensive trials, all new On-Communications' base station deployments will use Airspan's MicroMAX technology, while existing networks will be replaced with equipment compliant to the WiMAX standard. On-Communications has already deployed a FWA network in London, Sheffield, Manchester, Leeds and Oxford, making On-Communications the largest FWA service provider in the UK.

Ian Roberts, CEO, On-Communications, commented, "On-Communications' investigation proved Airspan to have the best, most mature WiMAX technology solution. Airspan's technology offers differential service possibilities, such as flexible service profiles, multiple service classes for various traffic types, and smart QoS for VoIP that make it the ideal technology platform from which to support UK businesses. After detailed lab and field evaluations, we feel that WiMAX is now truly ready for prime time deployment. We are proud and excited to be teaming with Airspan to lead the market in providing this service."

David Brant, CFO of Airspan, added: "We are delighted that, after such a detailed evaluation, On-Communications has chosen Airspan as its preferred technology partner. We are pleased that On-Communications considers Airspan as a valuable and trustworthy supplier and we look forward to working closely with On-Communications as they expand their network."

About On-Communications

On-Communications is the UK market leader in fixed wireless business to business Internet Service Provision delivering high speed, symmetric, uncontended, high quality connectivity via Fixed Wireless Access links using the latest wireless technologies, including WiMAX. Its services provide a guaranteed bandwidth and similar performance as a dedicated leased line, but at lower cost and with the flexibility of extra bandwidth at busy times. Additionally, On-Communications services have the benefit of being totally independent of BT Openreach's local cable infrastructure, exchange network and backhaul, typically enabling new customers to be connected in less than 15 days. Network coverage is being rolled out into major metropolitan centres and is growing both organically and through acquisition. www.on-communications.com

About Airspan Networks Inc.

Airspan is the industry's leading WiMAX pure player, ranked #1 for IEEE802.16-2004 WiMAX revenue in 2007 and has now been selected for some of the world's largest mobile WiMAX deployments. 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, 2007 and in the Company's 2008 Quarterly Reports on Form 10-Q. 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 and Media Inquiries, contact:

    David Brant
    Senior Vice President & Chief Financial Officer
    Airspan Networks Inc.
    Tel: +1 561 893-8650
    Fax: +1 561 893-8681
    Email: Email Contact

    Charlotte Laurent-Ottomane
    Investor Relations
    Airspan Networks
    Tel. +561 395 4581
    Email: Email Contact