August 31, 2006 at 09:50 AM EDT
Airspan and Yozan WiMAX Partnership Featured on BBC Newsnight's Investigation Into "The Future of Mobile Devices"

The WiMAX partnership between Airspan Networks Inc. (NASDAQ: AIRN) and Yozan was featured last night in a BBC Newsnight investigation into the future of mobile communication devices.

This nationwide TV broadcast highlighted how WiMAX and Wi-Fi have the potential to disrupt and change the Mobile Service Provider's business case, by giving end-users new devices that allow them to pick and choose the networks and services they use.

Today, Wi-Fi radio interfaces are already available in next-generation phones and handheld computing devices to enable them to connect via Wi-Fi to the Internet. In the near future, WiMAX radio interfaces will be added to these devices. These interfaces will enable users to connect freely to broadband-centric IP networks without having to use existing mobile networks, to access new services, and to find new uses for what is increasingly becoming a must-have service for the majority of the global population.

Sunao Takatori, Yozan's Chairman, explained: "The market is maturing and Yozan is poised to cater to a growing demand for new wireless broadband experiences, like nomadic VoIP and other location-based services, which only WiMAX and Wi-Fi are capable of delivering. We are confident and excited about this burgeoning opportunity that Airspan has helped us to build."

Commenting on the program, Airspan's CEO, Eric Stonestrom, said: "It's great to see that our ground-breaking dual-mode WiMAX/Wi-Fi network technology is being recognized. We believe that the ability to rollout networks that can deliver Wi-Fi and direct WiMAX connectivity is an important industry trend that will help shape the future of the Mobile Phone industry."

An online link the program is available on the BBC Newsnight web site at http://www.bbc.co.uk/newsnight

About Yozan Inc.

Yozan is a telecom service operator in Tokyo, Japan, offering WiMAX-based wireless broadband and multicasting services. Yozan is the first operator in Japan to launch WiMAX services as of December 2005, amidst a growing trend in the telecom sector of leading companies advancing WiMAX initiatives.

The company currently provides 2 types of WiMAX services -- WiMAX Direct for corporate users demanding high-quality broadband services; and BitStand for individual subscribers. The company is continuing its aggressive network deployment to provide comprehensive service area coverage throughout the 23 wards of Tokyo -- with the goal to become the nation's largest wireless broadband service operator. In addition, Yozan offers Child Safety Monitoring services over the Vodafone network (specifically to local municipal government-clients) and AirBit Key services utilizing Yozan's own paging network. Future plans include service offerings based on an integration of PLC (Power Line Communications) and WiMAX, upon deregulation of rules scheduled in Autumn 2006; and 802.16e mobile.

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 802.16e-2005 standard). Airspan is on the Board and is a founding 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


For media or Investment inquiries, contact:
Airspan Networks:
Peter Aronstam
Chief Financial Officer
Tel: +1 561 893-8682
Fax: +1 561 893-8681
Email: Email Contact

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