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DBD
Orders VoiceMAX for their WiMAX Network
Airspan
and DBD successfully resolve outstanding contractual issues
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Boca
Raton, Florida, April 15, 2008 - Airspan Networks Inc. (Nasdaq: AIRN), a leading
worldwide provider of WiMAX broadband wireless access networks, announced today
that its customer Deutsche
Breitband Dienste GmbH ("DBD") of Germany has purchased Airspan’s class leading
VoiceMAX voice over IP solution. Airspan and DBD have also reached agreement
on all outstanding contractual issues.
VoiceMAX,
Airspan’s state of the art voice processing technology is operational on DBD’s
WIMAX network. Voice services, over the network supplied by Airspan, is an
important part of the total customer solution currently delivered to DBD’s
customer base.
In
addition, DBD and Airspan have resolved their outstanding contractual issues
and
Airspan will receive the outstanding contractual payments by April 30, 2008.
“We
are
satisfied at reaching this resolution with this important customer," said David
Brant, CFO of Airspan. “This agreement positively positions both parties for the
future and puts the contractual issues behind us. We look forward to continuing
to work with DBD in supporting their plans for continued success with their
WiMAX network.”
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.
www.airspan.com.
About
DBD Deutsche Breitband Dienste GmbH ("DBD")
DBD
Deutsche Breitband Dienste GmbH is a telecommunications company operating across
Germany. As a pioneer of the WiMAX wireless broadband access technology, DBD
provides residential customers and SMEs with easy-to-use and inexpensive
high-speed wireless Internet access and voice services. Supported by its
strategic investor Intel, DBD operates wireless networks in both metropolitan
areas (under the MAXXonair brand) and rural areas (under the DSLonair brand)
across Germany. The company was founded in August 2003 and its headquarters
are
located in Heidelberg, Germany. More information on DBD's technology and
services is available at www.MAXXonair.de
and
www.DSLonair.de.
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. 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.
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:
dbrant@airspan.com
Charlotte
Laurent-Ottomane
Investor
Relations
Email:
clottomane@airspan.com
Tel.
+561
395 4581