BOCA RATON, FL--(Marketwire - February 6, 2008) - Airspan Networks Inc. (
NASDAQ:
AIRN), a
leading provider of WiMAX-based broadband wireless access networks, and
Fujitsu Limited (
TSE:
6702), a leading provider of customer-focused IT and
communications solutions for the global marketplace, today announced they
had signed a four-year cooperation agreement to jointly build a
leading-class Mobile WiMAX Base Station designed for carriers in the 2.5
and 2.3 GHz bands. This new Base Station combines the advanced technologies
of both parties and will significantly cut the time to market and allow
both companies to take a leadership position in the dynamic 2.5 and 2.3 GHz
frequency bands.
The new compact and high power Base Station, which Airspan calls
"MacroMAXe," is designed to minimize a WiMAX carrier's capital outlay and
ongoing operational costs. The Base Station can deliver two to three times
the capacity of similar products by using a highly featured implementation
of the WiMAX radio interface. MacroMAXe will also enable carriers to
operate with both today's and future versions of the Mobile WiMAX Air
interface, providing protection for their investment in Mobile WiMAX
Infrastructure.
Eric Stonestrom, CEO and President of Airspan Networks, said, "Carriers
have been looking for a compact all-outdoor base station with a superior
link budget and feature set. Together with Fujitsu, we are delivering a
base station for the 2 GHz bands which sets the standard in the market."
Mr Iwabuchi, President of Fujitsu's Mobile Systems Business Unit,
commented, "By combining the talents of both companies we are able to
attain new levels of achievement. Fujitsu's technology and this agreement
with Airspan enable us to put a superior product to work for WiMAX
solutions very quickly. We're pleased to say we're on track to meet
carriers' timelines for deployment in the 2 GHz bands this year, both in
Japan and the rest of the world."
Key Product Details:
-- Spectrum: 2.3-2.4 and 2.5-2.7 GHz Bands
-- High Power: two 10W channels with no cable loss
-- Software Defined Baseband
-- All-Outdoor: fully integrated (GPS, Sector Aggregation, and Fiber
backhaul)
-- Compact: < 20 Litres
-- 20-MHz Channels: with Dual-MAC/PHY architecture (2 x 10 MHz per unit)
-- High-Capacity: 75 Mbit/s
Both parties will independently and jointly sell the Base Station with
deployments planned for the second quarter 2008.
About Fujitsu
Fujitsu is a leading provider of customer-focused IT and communications
solutions for the global marketplace. Pace-setting device technologies,
highly reliable computing and communications products, and a worldwide
corps of systems and services experts uniquely position Fujitsu to deliver
comprehensive solutions that open up infinite possibilities for its
customers' success. Headquartered in Tokyo, Fujitsu Limited (
TSE:
6702)
reported consolidated revenues of 5.1 trillion yen (US$43.2 billion) for
the fiscal year ended March 31, 2007. For more information, please see:
http://www.fujitsu.com/
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,"
"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 in the Company's 2007
Quarterly Reports on Form 10-Q. 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:
Charlotte Laurent-Ottomane
Investor Relations
Email:
Tel. +561 395 4581