BOCA RATON, FL--(Marketwire - July 17, 2008) - Airspan Networks Inc. (NASDAQ: AIRN), a leading provider of WiMAX broadband wireless access networks, announced today that City District Government Karachi (CDGK) in Pakistan has successfully deployed Airspan's 4.9 GHz WiMAX solutions for its IP Closed Circuit Television Video surveillance project in Karachi. CDGK is committed to video surveillance of all major city roads. Airspan is partnering with GCS (PVT) Ltd., a U.S. based telecommunications integrator that provides wireless video solutions in Pakistan.

"This initial deployment of Airspan's 4.9 GHz WiMAX solution in Pakistan shows how WiMAX technology is particularly well suited for video surveillance applications. IEEE802.16-2004 is particularly well matched for this application which requires flexible Quality of Service capabilities and has a high uplink demand. Airspan's products offer a lot of flexibility not available in competing solutions at this price point," commented Declan Byrne, Airspan's Chief Marketing Officer.

Anders Rendahl, Senior Vice President and General Manager of EMEA for Airspan, continued, "We are pleased to be part of Karachi's video surveillance WiMAX project in Pakistan. We are looking forward to continued cooperation with the Karachi City Government and GCS (PVT) Ltd. in their WiMAX initiative."

Airspan has a suite of products in the 4.9 GHz frequency range which is particularly well suited for security and surveillance applications around the world.

About GCS (PVT) Ltd.

GCS (PVT) Ltd. is a U.S. based company headquartered in Orlando, Florida that provides Telecommunication Consulting Services, wireless network design & planning, deployment and integration services for wireless networks and preparation of telecom feasibility reports for Government and Commercial carriers. GCS (PVT) Ltd. also pioneers Wireless Video Security Surveillance network applications in Pakistan.

About Airspan Networks Inc.

Airspan is the industry's leading WiMAX pure player, ranked #1 for IEEE802.16-2004 WiMAX revenue in 2007 and has now been selected for some of the world's largest mobile WiMAX deployments. With direct sales offices throughout Asia, EMEA and the Americas, a worldwide network of resellers and agents, and partnership alliances with major OEMs, Airspan boasts over 100 commercial WiMAX deployments worldwide.

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, 2007 and in the Company's 2008 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 Tel. +561 395 4581 Email: