From Empirerelations.com

Telecommunications

Airspan Wins Contract With Neptuno Networks in Puerto Rico
By MARKET WIRE
Aug 18, 2008 - 11:36:01 AM

BOCA RATON, FL -- (Marketwire) -- 08/18/08 -- Airspan Networks, Inc. (NASDAQ: AIRN), aleading provider of WiMAX-based broadband wireless access networks andNeptuno Networks, a provider of advanced communications services andsolutions in Puerto Rico and the Carribbean, announced today that the twocompanies have signed an agreement for the delivery of Airspan's WiMAXsolutions in the 3.65 GHz frequency band. This first order launchesNeptuno's planned island-wide network in Puerto Rico with an initial 100base station sites.

Having only made generally available the 3.65 GHz products late last year,the response from the wireless industry has been enormous. More than 200applications for spectrum have been made, and Airspan has signed up morethan ten customers in the band in four months. Amit Ancikovsky, Airspan'sAmerica's Vice President and General Manager commented, "We've beendelighted to see our products set the pace in this market. Our focus onprice-performance and customer support is resulting in our significant leadin the 3.65 GHz market."

Pedro Andres, CEO of Neptuno Networks agrees, "We were impressed byAirspan's robust solutions and experience in this market. Their products'features optimize our business case, and their team has been very helpfulthroughout the decision process."

Neptuno is taking advantage of the full breadth of Airspan products. InPuerto Rico, they are deploying HiperMAX for high-density macro-basestation sites and MicroMAX for low-density sites, fill-in coverage, andbackhaul. For the rest of the Caribbean, Neptuno is boosting itsdistribution division, by formalizing a strategic relationship to representAirspan's diversified product portfolio providing new and enhancedsolutions and services customized for the demanding Caribbean Market.

The 3.65 GHz solution for the North American market is the latest additionto Airspan's product line, which already includes products for the 700MHz,1.x-, 2.x-, 4.x- and 5x GHz bands.

About Neptuno Networks Inc.

Neptuno Networks, Inc., based in Puerto Rico, is a telecommunications andbroadband systems integration service company offering the most advancedtechnology in wireless broadband systems. Neptuno Networks focuses on eachclient's specific needs to develop innovative, customized solutions.Neptuno's wide-ranging portfolio of services help customers build a solidbusiness infrastructure and contribute to every stage of a customer'snetworking project.

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.

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