Saudi Telecom deploys Airspan’s 3.5 GHz WiMAX solution

Boca Raton, Florida – Airspan Networks Inc. (Nasdaq: AIRN), a leading worldwide provider of WiMAX based broadband wireless access networks, announced today that the Saudi Arabian carrier, Saudi Telecom, has successfully deployed WiMAX services using Airspan’s HiperMAX base stations, which provide both fixed and mobile WiMAX solutions.

The second phase of the award is now being activated with Airspan supplying its EasyST indoor and ProST outdoor subscriber terminals. Airspan is working with its Saudi Arabian partner, Arabian Development and Marketing Company, Ltd (ADMC), to supply Saudi Telecom with WiMAX solutions.

Saudi Telecom, the largest Tier 1 carrier in the country, has a 3.5 GHz license covering the entire kingdom. It is deploying Airspan’s HiperMAX base stations, which will enable Saudi Telecom to offer broadband data/internet & voice services based on an 802.16e-2005 ready WiMAX platform. This WiMAX equipment is being deployed to provide broadband wireless connections to both urban and rural areas.

Samir Matbouli, Saudi Telecom’s Vice President for the Enterprise Business unit, said, “Saudi Telecom continues to strive towards its objective of being a customer-centric and competitive company. We believe that WiMAX technology is one of the important tools in broadband wireless access technology which will enable Saudi Telecom to provide highly reliable broadband voice and data access quickly on demand, everywhere and anywhere, within Saudi Arabia. We are confident that Airspan’s WiMAX solution will help us to achieve our goals.”

Airspan’s Senior Vice President of Sales and General Manager of EMEA, Anders Rendahl, commented, “We are very pleased to be working with Saudi Telecom in its WiMAX initiative. We are fully committed to strengthen and continue our strategic cooperation with them as their WiMAX business grows.”

Airspan’s HiperMAX Base Station and Indoor EasyST WiMAX modem support both Fixed WiMAX (16d) and Mobile WiMAX (16e) System Profiles. This, combined with support for 5, 7 and 10 MHz channels ensures the solution is highly scaleable, delivering up to 32Mbit/s per channel, and up to 12 channels per Base Station. HiperMAX supports advanced multi-channel Receiver and Transmit diversity, and MIMO that delivers class-leading operational range and true indoor coverage.

About Airspan Networks Inc.

Airspan is the industry’s leading WiMAX pure player, ranked #1 for IEEE802.16-2004 WiMAX revenue in 2007, and has now been selected for some of the world’s largest mobile WiMAX deployments. With direct sales offices throughout Asia, EMEA and the Americas, a worldwide network of resellers and agents, and partnership alliances with major OEMs, Airspan boasts over 100 commercial WiMAX deployments worldwide.

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 forwardlooking 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, 2007 and in the Company’s 2008 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.


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