Airspan Networks Inc (fka AIRO)

[Golden Cross]

SOGETEL Communications and mmwave Technologies Deploy Airspan WiMAX Network in Canada
Monday June 5, 6:32 pm ET


BOCA RATON, FL--(MARKET WIRE)--Jun 5, 2006 -- Airspan Networks, Inc. (NasdaqNM:AIRN - News), a leading world-wide provider of WiMAX-based broadband wireless access networks and carrier class Voice over Internet Protocols (VoIP) and Wi-Fi Hotzone systems, announced today that mmwave Technologies, an Airspan System Integrator, and SOGETEL have successfully deployed Airspan's AS.MAX WiMAX products in Central Quebec, Canada.



SOGETEL is an independent telecommunications firm with more than 100 years of experience. It currently operates more than 25,500 telephone access lines for business and residential users in Quebec, covering a territory of 4,300 square kilometers. SOGETEL will deploy Airspan's MicroMAX-SOC base stations and EasyST and ProST customer premise devices in 28 communities over a five month period. The network, which includes approximately $750,000 of Airspan equipment, will enable SOGETEL to offer broadband Internet access primarily to rural residential subscribers where traditional wired broadband technologies are not financially viable.

mmwave Technologies, based in Mississauga, Ontario, recommended Airspan's AS.MAX system to SOGETEL for several important reasons. "At mmwave, we select only best of breed technologies that match our customers' requirements. We recommend the Airspan AS.MAX system because of its strong technical performance and its ability to generate a strong economic business model that allows operators to build and grow the network in a very manageable way," stated Glenn Poulos, President of mmwave Technologies.

"We are very pleased with the performance of the Airspan AS.MAX WiMAX solutions. They will enable us to offer the most advanced telecommunications features and services to our customer base. WiMAX technology provides us with the right mix of bandwidth and economics for our business to grow," stated Yves Duval, Director of Engineering, SOGETEL.

"Airspan is pleased to work with SOGETEL and mmwave on the first commercial deployment of the MicroMAX-SOC base station system," stated Dick Lee, Airspan's General Manager and Vice President North America. "We launched MicroMAX-SOC in March 2006, and we believe it has become the leading low-cost high-performance WiMAX base station in the industry. The product complements our other WiMAX base stations by being optimised for low-density deployment, particularly in rural areas where it is the most cost-effective solution to fill in coverage holes in DSL and cable networks, and for Wi-Fi backhaul, Enterprise solutions and Public Safety applications."

Airspan's AS.MAX platform incorporates:

-- MacroMAX -- An FDD-only fixed WiMAX conventional macro cell

-- HiperMAX (macro cell software upgradeable to mobile WiMAX next-
generation)

-- MicroMAX-SOC (low-cost, high-performance fixed WiMAX micro cell)

-- MicroMAX-SDR (micro cell software-upgradeable to mobile WiMAX)

-- Customer Premise Equipment, including the first WiMAX Forum-certified
indoor, self-installable CPE

-- VoiceMAX -- Call Admission Control and emergency calling for SIP
services over WiMAX
About Airspan Networks

Airspan Networks provides fixed and wireless voice and data systems and solutions, 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, including both PCS and 3.5GHz international bands. Airspan has a strong wireless product roadmap that includes offerings compliant with the 802.11 a/b/g and the WiMAX 802.16-2004 standard, including software upgradeability to Mobile WiMAX (the 80216e-2005 standard). 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 with more than 350 operators in more than 100 countries. 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's new AS.Tone VoIP system is a carrier class, turnkey solution that provides carriers with Class 4, Class 5 and IP-Centrex solutions and has a Softswitch and Gateways supporting SIP/H323 and SIP. AS.Tone's design provides customers; carriers, next-generation telcos, cellular providers and ITSP with a wide range of solutions with the best price/performance system for IP telephony. Airspan also offers radio planning, network installation, integration, training and support services to facilitate the deployment and operation of its systems. Airspan is headquartered in Boca Raton, Florida with its main operations center in Uxbridge, United Kingdom.

More information on Airspan can be found at http://www.airspan.com

About mmwave Technologies, a Strategic Business Unit of Wireless Age Communications Inc.

Wireless Age Communications Inc. operates three Strategic Business Units (SBUs). They consist of Wireless Age for the retail sector, Wireless Source covering wholesale/distribution and Wireless Works is the Company's networks and engineering division.

mmwave is a distributor, systems integrator and representative of wireless, microwave and fibre optic components, test systems and subsystems. The company provides a range of technical solutions to the Canadian and select international markets -- primarily in the manufacturing and service provider segments of the communications industry. The company is a recognized leader in the community broadband industry in Canada and is a member of the WiMax forum, as well as a very active member of the Canadian Wireless Telecommunications Association.

More information on mmwave can be found at http://www.mmwave.com

About SOGETEL Communications

SOGETEL is an independent telecommunications firm with more than 100 years of experience. It currently supplies more than 25,500 telephone access lines in Quebec covering a territory of 4,300 square kilometers. Its head office is located in the city of Nicolet, Quebec, where it has been since its inception.

Throughout the years, SOGETEL's territory in Quebec has expanded from Nicolet alone to thirty (30) territories of which sixteen (16) are located in the Lac Etchemins area, four (4) in the Beauce, eight (8) in Maskinongé as well as the municipality of Saint-Liboire. SOGETEL currently employs 75 employees across all facets of its network.

More information on SOGETEL can be found at http://www.sogetel.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. Airspan Networks 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 it makes. Investors and others are therefore cautioned that a variety of factors, including certain risks, may affect its business and cause actual results to differ materially from those set forth in the forward-looking statements. These risk factors include, without limitation, (i) a slowdown of expenditures by communication service providers; (ii) increased competition from alternative communication systems; (iii) the failure of existing or prospective customers to purchase products as projected; (iv) the inability to successfully implement cost reduction or containment programs; (v) a loss of any of its key customers; (vi) its ability to retain Axtel and Yozan as its largest customers; and (vii) specific to this press release, its ability to successfully manufacture and deliver the products purchased by SOGETEL. 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, 2005. You should read those factors as being applicable to all related forward-looking statements wherever they appear in this press release. Airspan Networks does not assume any obligation to update any forward-looking statements.



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