Airspan Announces "MIMO" Mobile WiMAX Software for HiperMAX Base Station and a High Power Radio Transceiver for the 2.5-2.69 GHz WiMAX Frequency Band
CHICAGO, IL--(Marketwire - September 26, 2007) - Airspan Networks Inc. (NASDAQ: AIRN), a leading
worldwide provider of WiMAX and Wi-Fi based broadband wireless access
networks, today announced the availability of its Wave 2 MIMO Mobile WiMAX
software, which will be used for its existing HiperMAX base station.
HiperMAX, with the new MIMO software, will begin undergoing validation
trials with one of Airspan's major Mobile WiMAX customers in the fourth
quarter of 2007 and is expected to be commercially available in the first
half of 2008. The HiperMAX base station is designed to deliver class
leading operational range and capacity and fully supports all MIMO modes of
operation when used with a Wave 2 MIMO client device.
Paul Senior, Airspan's chief technical officer, said, "We are very pleased
to announce this software-only upgrade to the HiperMAX platform. We believe
that this product is the most flexible and forward looking in the industry.
With HiperMAX already supporting an advanced version of Fixed WIMAX, this
new upgrade allows our customers to seamlessly add Wave 2 MIMO Mobile
WiMAX."
In addition, Airspan also announced the development of high power Dual
Channel Radio Transceivers for the 2.5-2.69 GHz WiMAX frequency band. These
new dual channel radios will operate at up to +40dBm and support channel
bandwidths up to 20 MHz. These new transceivers will be available for
trials in the second quarter of 2008 with mass commercial deployment
expected in the third quarter of next year.
Paul Senior continued, "2.5-2.69 GHz is the WiMAX Forum's flagship
certification profile that has mandatory support for MIMO. These new, high
power, dual channel radios will support 5 and 10 MHz operations and in the
future will also support 20 MHz profiles without any hardware change. This
is another demonstration of Airspan's 'software only upgrade' philosophy
that we believe minimizes a carrier's capital outlay and ongoing
operational expense."
HiperMAX, running Wave 2 MIMO software, is being demonstrated at the WiMAX
World USA show, held in Chicago from September 25 to 27th, 2007.
HiperMAX is only one product from Airspan's comprehensive WiMAX Portfolio,
and complements its optimized Fixed and Mobile WiMAX MicroMAX and MacroMAX
base stations, and the broad range of advanced client devices, the EasyST,
ProST and MiMAX USB.
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
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,"
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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. 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, 2006 and Form 10-Q for the second
quarter ended July 1, 2007. 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.
Contact Information: For Investor Relations and Media Inquiries, contact:
David Brant
Senior Vice President & Chief Financial Officer
Airspan Networks Inc.
Tel: +1 561 893-8650
Fax: +1 561 893-8681
Email: