SOURCE: Airspan Networks, Inc.

July 10, 2007 09:00 ET

Pipex Wireless Selects Airspan for the First Phase of Its Nationwide UK WiMAX Rollout

BOCA RATON, FL--(Marketwire - July 10, 2007) - Airspan Networks Inc. (NASDAQ: AIRN), a leading worldwide provider of WiMAX and Wi-Fi based broadband wireless access networks, announced today that it has been awarded a contract to supply its solutions to Pipex Wireless covering the Manchester region; the first phase of their nationwide WiMAX deployment. Pipex Wireless also intends to expand its market tests in Milton Keynes and Warwick, using Airspan's equipment, with the objective of future commercial launches in these regions.

Airspan will supply its HiperMAX base stations together with its EasyST indoor subscriber terminals. Airspan's WiMAX solution will enable Pipex Wireless to offer a bundle of voice and data services which can be upgraded to 802.16e-2005 WiMAX from the same platform without any hardware change.

Anders Rendahl, Airspan's Vice President of Sales and General Manager of EMEA, commented, "We are very pleased that Pipex Wireless is using Airspan's WiMAX solutions in their national deployment program and that our technology will be used in the UK's first commercial WiMAX offering. We continue to see momentum in the WiMAX market as carriers are looking for creative and cost effective ways to grow their subscriber base while transitioning to new technologies."

Brendan O'Rourke, COO of Pipex Wireless, commented, "We are building a multi-platform wireless infrastructure able to serve business, residential and public sector markets. The Manchester commercial launch marks the beginning of our nationwide WiMAX rollout. Airspan was selected following excellent results during our Milton Keynes trial and having demonstrated their ability to deliver indoor coverage and a 'user-friendly' self-installed deployment model."

Airspan's flagship WiMAX HiperMAX base station and easyST indoor WiMAX modem combination support both Fixed 16d and Mobile 16e WiMAX system profiles. This, combined with support for 5, 7 and 10 MHz channels makes the solution highly scaleable, with up to 32Mbit/s per channel, and up to 12 channels per base station. Full support for advanced multi-channel Receive and Transmit diversity ensures excellent operational range and true indoor coverage.

About Pipex Wireless

Pipex Wireless is a business formed in April 2006 by Pipex Communications and Intel Capital to develop and roll-out a WiMAX network into the UK market. Pipex Wireless owns a national spectrum licence in the 3.6 to 4.2 GHz frequency range allowing it to deploy new and innovative broadband wireless services. Pipex Wireless is the first service provider in the UK to offer WiMAX using licensed spectrum and is pioneering use of the technology and its market applications for both data and voice. Pipex Wireless is working with some of the leading names in wireless technologies and telecommunications to provide WiMAX services to nomadic workers, home users, small businesses and corporate organisations. For further information please visit: www.pipexwireless.com

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 and Form 10-Q for the first quarter ended 1 April 2007. 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