BOCA RATON, FL -- (MARKET WIRE) -- 04/04/08 -- Airspan Networks Inc. (NASDAQ: AIRN), aleading provider of WiMAX-based broadband wireless access networks,announced today that it has obtained FCC certification to market itscompact MicroMAX base station in the 3.65 GHz frequency band as well as thefull suite of subscriber devices including the indoor EasyST and outdoorProST, both of which also support optional WiFi and VoIP extensions.This new certification follows the FCC approval at the end of 2007 ofAirspan's HiperMAX base station in the 3.65GHz band, now making availableto US customers a full complement of products suiting every business case.HiperMAX and MicroMAX base stations have been broadly deployedinternationally, providing critical reference points for discerningoperators in the United States who, like operators everywhere, are focusedon deploying quality, field-tested products.
Declan Byrne, Airspan's Chief Marketing Officer, commented, "We aredelighted to have completed the FCC certification process for our fullfamily of 3.65GHz products. The new certifications allow us to market thecompact, high-performance MicroMAX base station and our full CPE suite.We are now among a very select group of equipment providers with FCCcertified solutions in 3.65GHz, and we are excited to offer a range of bestin breed, competitively-priced, and field-proven base station and CPEproducts to the US Carrier community. This is a very attractive marketspace with dozens of new entrants and Airspan is quickly claiming firstmover advantage. New customer wins such as KeyOn Communications and Le-RuTelecom are testament to the attractiveness of our 3.65GHz Product suite."
The 3.65GHz solution adds to Airspan's product line for the U.S., whichalready includes products for the 700MHz and 1.x-, 2.x-, 4.x- and 5.x-GHzbands.
Customers interested in more information about any of our products shouldinquire at sales@airspan.com.
About Airspan Networks Inc.
Airspan is the industry's leading WiMAX pure player, ranked #1 forIEEE802.16-2004 WiMAX revenue in 2007 and has now been selected for some ofthe world's largest mobile WiMAX deployments. With direct sales officesthroughout Asia, EMEA and the Americas, a worldwide network of resellersand agents, and partnership alliances with major OEMs, Airspan boasts over100 commercial WiMAX deployments worldwide. www.airspan.com.
This press release contains forward-looking statements within the meaningof Section 27A of the Securities Act of 1933 and Section 21E of theSecurities Exchange Act of 1934. All statements, other than statements ofhistorical facts, including statements regarding our strategy, futureoperations, financial position, future revenues, projected costs,prospects, plans and objectives of management, may be deemed to beforward-looking statements. The words "anticipates," "believes,""estimates," "expects," "intends," "may," "plans," "projects," "will,""would" and similar expressions or negative variations thereof are intendedto identify forward-looking statements, although not all forward-lookingstatements contain these identifying words. We may not actually achievethe plans, intentions or expectations disclosed in our forward-lookingstatements and you should not place undue reliance on our forward-lookingstatements. There are a number of important factors that could cause actualresults or events to differ materially from the plans, intentions andexpectations disclosed in the forward-looking statements we make. Investorsand others are therefore cautioned that a variety of factors, includingcertain risks, may affect our business and cause actual results to differmaterially from those set forth in the forward-looking statements. TheCompany is subject to the risks and uncertainties described in its filingswith the Securities and Exchange Commission, including its Annual Report onForm 10-K for the year ended December 31, 2007 and in the Company's 2007Quarterly Reports on Form 10-Q. You should read those factors as beingapplicable to all related forward-looking statements wherever they appearin this press release. We do not assume any obligation to update anyforward-looking statements.
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
Tel. +561 395 4581
Email: Email Contact