BOCA RATON, FL--(Marketwire - October 2, 2007) - Airspan Networks Inc. (NASDAQ: AIRN), a leading worldwide provider of WiMAX and Wi-Fi based broadband wireless access networks, announced today that Telenor has selected Airspan to provide WiMAX equipment and services under a multi-year agreement for its Norwegian operations. Initial deployments are targeted for the Trøndelag area in central Norway.

Telenor has 3.5GHz licences in Norway covering the entire country and the Airspan WiMAX equipment is targeted for broadband connections to rural areas where service is currently unavailable. Airspan will supply both its HiperMAX and MicroMAX base stations together with its EasyST indoor and ProST outdoor subscriber terminals.

Anders Rendahl, Airspan's Vice President of Sales and General Manager of EMEA, commented, "We are very pleased to be working with Telenor in its first WiMAX initiative in Norway as Airspan's product portfolio is designed to meet the needs of both rural and urban environments."

Berit Svendsen, Head of Telenor Nordic Fixed, said, "We look forward to working with Airspan in growing our WiMAX presence across all the regions of Norway where Airspan's product platform will allow us to pursue the significant WiMAX market opportunity over the coming years. We found that Airspan's WiMAX product range offers the best solution in the market for bringing WiMAX broadband service to rural areas of Norway outside the reach of DSL."

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 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

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 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 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: