SOURCE: Airspan Networks Inc.

March 14, 2008 08:31 ET

Wightcable Chooses Airspan to Provide WiMAX to the Isle of Wight

BOCA RATON, FL--(Marketwire - March 14, 2008) - Airspan Networks Inc. (NASDAQ: AIRN), a leading worldwide provider of WiMAX broadband wireless access networks, announced today that it has been awarded a contract by Wightcable for its MicroMAX 5.8 GHz base stations, VoiceMAX for VoIP services and related CPEs (customer premise equipment), which include Airspan's ProSTs and EasySTs. Wightcable will provide WiMAX voice and data services across the Isle of Wight in the United Kingdom, starting in the town of Newport.

Wightcable is the incumbent cable operator on the Isle of Wight and plans to expand their footprint by offering WiMAX voice and data services across the island, targeting the business and residential customer base. MicroMAX, as well as Airspan's VoiceMAX server, is widely deployed, mature, cost-optimized for more rural deployments, and provides true broadband with VoIP support for the carrier's business case. Additionally, MicroMAX supports both FDD and TDD duplexing schemes and consumes very low power -- critical capabilities for many operators.

"As the only telecommunication and cable services provider on the island, we believe that the transition to WiMAX is the right strategy for Wightcable and its customers. We are pleased to be working with Airspan to quickly provide voice and data services using their technology to offer new products to our growing customer base," commented Ian Renshaw, Chief Executive of Wightcable.

"This is an important win for Airspan as it highlights carriers' decision to go with alternative and innovative solutions to offer broadband access services. We look forward to working with Wightcable as they grow their customer base with their WiMAX offering," said Anders Rendahl, Airspan's Senior Vice President of Sales and General Manager of EMEA.

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 December 31, 2006 and in the Company's 2007 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
    Email: Email Contact
    Tel. +561 395 4581