BARCELONA, SPAIN--(Marketwire - February 15, 2011) -  Airspan Networks Inc., a leading provider of broadband wireless access networks, announced today the introduction of Air4G, the third in a series of new 4G LTE product suite announcements. Air4G combines both LTE and WiMAX platforms in an extremely compact base station, allowing carriers to increase their service range and bandwidth offered to end-users while cutting expenses.

Air4G builds on the highly regarded MacroMAX product as its foundation, leveraging the successful WiMAX functionality of the base station and enhances the product with a new 4G LTE platform. The new product allows operators to run dual platform networks, with the opportunity to migrate their networks to LTE when ready and at a desired pace, while continuing to serve customers' needs.

With a compact, all-outdoor design, Air4G is designed for quick, easy and affordable deployment meeting the time and cost requirements of operators worldwide.

Air4G has advanced capabilities such as MIMO and advanced Frequency Domain Scheduling. These capabilities enable higher throughput and capacity and better use of the spectrum which all translate to an improved user experience. Air4G is interoperable with a wide variety of end-user devices. The product is available with two to four transmitters and two to four receivers and can be deployed with a remote radio head (RRH).

"The new Air4G product is a unique and innovative product that can potentially save operators time and money," said Eric Stonestrom, CEO of Airspan. "This is a very powerful, highly integrated solution that comes in a small package which consumes a low amount of energy. Air4G is greener, more efficient and more robust than other solutions on the market today. We are very proud of our entire suite of new 4G LTE products and how well they complement each other. Together, these products address a multitude of carrier connectivity requirements while helping them maximize their return on investment."

Air4G operates on frequency bands ranging from 700 MHz up to 3.8 GHz, FDD or TDD. The new product is currently on display at Mobile World Congress in Barcelona until February 17 in Hall 1, Booth B56.

About Airspan Networks Inc.

Airspan (OTC Markets: AIRO) is a leading 4G wireless solution provider. With over 500 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.

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.

Contact Information:

For Media Inquiries, contact:
Dori Erann
Senior Director Marketing Communications
Airspan Networks Inc.
Tel. +1 561.893.8687