Contact Information: For Investor Relations and Media Inquiries, contact: Airspan Networks David Brant Senior Vice President & Chief Financial Officer Airspan Networks Inc. Tel: +1 561 893-8650 Fax: +1 561 893-8681 Email:
Airspan Announces Multiple WiMAX Product Solutions for the 3.65GHz Band in the United States
| Source: Airspan Networks Inc.
BOCA RATON, FL--(Marketwire - June 20, 2007) - Airspan Networks Inc. (NASDAQ : AIRN ), a
leading worldwide provider of WiMAX and Wi-Fi based broadband wireless
access networks, announced today that, following the June 7, 2007 FCC
Memorandum Opinion and Order regarding 3.65GHz spectrum release that it is
launching a full portfolio of 3.65GHz WiMAX products, designed to provide
solutions to carrier and enterprise customers.
Airspan will offer two 3.65GHz WiMAX Base Station products, namely its
carrier class HiperMAX base station which is currently being deployed
internationally and its MicroMAX base station which is expected to ship to
customers in the fourth quarter of 2007. In addition, Airspan also offers a
full portfolio of 3.65GHz WiMAX subscriber terminals, including the indoor
desktop EasyST and outdoor ProST, both of which also support optional WiFi
and VoIP extensions.
Airspan's 3.65GHz U.S. WiMAX products also include a "Detect and Protect"
contention protocol designed to operate in accordance with the FCC ruling
and, subject to obtaining formal FCC certification, enable the use of both
the restricted and unrestricted spectrum blocks.
Paul Senior, Airspan's new CTO, commented, "We welcome the FCC release of
the 3.65GHz spectrum as it will allow a broader adoption of WiMAX
technology in the important global 3.6-3.8 GHz band. Airspan's 3.65 GHz
solutions enable operators who today do not have a licensed spectrum to
build high value, low cost WiMAX networks in both urban and rural
locations."
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
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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
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forward-looking statements.