Airspan Announces AirSynergy 3000

A Small Cell Optimized for LTE Carriers With 60 MHz and for Multi-Carrier RAN Sharing Deployments

TOKYO--(Marketwired - Aug 26, 2013) - Airspan Networks Inc., a leading provider of 4G LTE RAN solutions, announced its new AirSynergy 3000 small cell at the GTI 3.5 GHz Ad Hoc Seminar hosted by SoftBank in Tokyo, Japan.

AirSynergy 3000 is a high performance LTE eNodeB small cell optimized for outdoor deployment in Heterogeneous Networks on non-traditional deployment locations (e.g. on lamp posts, utility poles, rooftops). The AirSynergy 3000 eNodeB supports non-contiguous, triple carrier, LTE-Advanced Release 10 carrier aggregation in 2 GHz and 3 GHz bands, enabling it to deliver end user services speeds of over 300 Mbit/s.

AirSynergy 3000 has Airspan's iBridge NLOS Small Cell Backhaul solution fully integrated to create a self-contained LTE Small Cell system that radically reduces the cost of small cell CAPEX and OPEX.

AirSynergy 3000 is an incremental development of Airspan's single and dual carrier AirSynergy products. AirSynergy 3000 was developed for carriers who have large, contiguous or non-contiguous, spectrum allocations in 2 GHz and 3 GHz bands and want to deploy outdoor small cells to fill coverage gaps, increase network capacity and reduce the costs associated with traditional macro deployment. AirSynergy 3000 is also ideal for small cell RAN sharing scenarios, where carriers combine individual spectrum allocations to deliver higher capacity using carrier aggregation, sharing small cell site costs and reducing the rollout costs when compared with standalone networks.

Airspan also announced the introduction of iBridge 400, its second generation NLOS small cell backhaul technology which supports both LTE Relay and IEEE 802.16r radio interfaces in channels sizes up to 40 MHz, which enables backhaul capacities of up to 340 Mbit/s.

"This product announcement reinforces Airspan's leadership position in outdoor small cells for LTE-Advanced Networks. The GTI 3.5 GHz Ad Hoc Seminar in Tokyo is an ideal venue to announce this product as most 3.5 GHz carriers have large spectrum allocations, many carriers with non-contiguous spectrum allocations. AirSynergy 3000 allows carriers to economically deploy Release 10 LTE-Advanced Carrier Aggregation and take advantage of Release 10 LTE UE devices that support Carrier Aggregation and become available in 2014," commented Paul Senior, Airspan's Chief Technical Officer.

Airspan's AirSynergy products are groundbreaking LTE pico cells for outdoor and indoor Public Access deployments. Its compact design ensures discrete deployment in various locations such as lamp posts, telephone poles and building fronts. Unique to the product is the capability for integrated wireless backhaul, called iBridge, and the ability to self-configure, self-connect, self-heal and self-optimize when deployed as part of a Heterogeneous Network. In addition to the AirSynergy 3000, the company offers indoor and outdoor models called AirSynergy 1000 and 2000 respectively. These products are designed to offer low cost, self-timed and synchronized LTE and Wi-Fi access at a fraction of the cost of Distributed Antenna Systems (DAS). This solution is available now and, like the outdoor AirSynergy 2000, can extend capacity and coverage considerably when added to macro cell architectures.

Paul Senior will be speaking at the GTI 3.5 GHz Ad Hoc Seminar this week in Tokyo. His presentation is entitled "LTE-Advanced Small Cells at 3.5 GHz: Taking 4G LTE to the next level."

About Airspan Networks Inc.
Airspan (OTCBB: AIRO) is a leading 4G wireless solution provider. With over 1000 customers in over 100 countries and as a top vendor for carrier-class broadband wireless solutions, Airspan is recognized as a leader and pioneer in 4G and broadband wireless technologies. Providing an expansive product portfolio, Airspan offers customers the widest selection of 4G products in the industry with an unsurpassed level of technology to benefit their business case. Airspan has solutions spanning the 700 MHz to 6 GHz frequency bands.

Oak Investment Partners XI, Limited Partnership holds a controlling interest in Airspan. Airspan is not subject to the informational reporting requirements of the Securities Exchange Act of 1934 and, accordingly, does not file reports, financial statements, proxy statements, information statements or other information with the Securities and Exchange Commission. This press release contains forward-looking statements. 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 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 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. We do not assume any obligation to update any forward-looking statements.