Airspan Offers 5.x GHz 4G Platform to Replace Alvarion Base Station Equipment With Special Replacement Purchase Credit Offer

BOCA RATON, FL--(Marketwired - Jul 19, 2013) - Airspan Networks, Inc., a leading provider of 4G broadband wireless access networks, announced that it will offer special introductory pricing for customers interested in migrating from competing platforms to its Air4Gp base station product.

 Air4Gp is an advanced 5.x GHz Pico Cell bringing tremendous flexibility and throughput to any deployment scenario. Due to Airspan's ongoing commitment to standards-based LTE and WiMAX technology, Air4Gp interoperates with base stations and customer equipment made by other vendors such as Alvarion, even in existing deployments.

 Employing an all-outdoor architecture, Air4Gp minimizes installation footprint and expense while providing a rich feature set enabled by its software defined radio (SDR) technology. Most notably, Air4Gp provides:

• Up to 256 active subscribers
• Dual- 2Tx/2Rx single or dual sector MIMO operation
• Optionally software-upgradeable to LTE
• Full interoperability with existing Alvarion BreezeMAX^® networks
• 42km max range and optional higher-gain antennas for CPE
• No license-limitation for subscribers
• 100% greater cell-edge throughput than competing products

With these advantages and more, Air4Gp is poised to lead the market in present and future 4G PtMP deployments in the 5GHz bands. Whether paired with Airspan's products at other frequencies or deployed by itself, Air4Gp delivers an unsurpassed balance of features, throughput, and price to fill the ever-growing need for enhanced wireless networking performance. For further details, contact Airspan today at airspan5GHz@airspan.com.

About Airspan Networks Inc.
Airspan (OTCBB: 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. www.airspan.com.

Oak Investment Partners XI, Limited Partnership holds a controlling interest in Airspan. Airspan is not subject to the informational reporting requirements of the Securities Exchange Act of 1934 and, accordingly, does not file reports, financial statements, proxy statements, information statements or other information with the Securities and Exchange Commission. 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.