Airspan Networks and P.I. Works Partner to Provide Unbeatable Subscriber Experience, Mobile Network Quality, Cost Efficiency and Performance

BARCELONA, SPAIN--(Marketwired - Feb 24, 2016) - Airspan Networks Inc., a leading provider of LTE-Advanced Compact and Small Cells and innovative small cell backhaul and front haul solutions announced today a partnership with P.I. Works, a leading provider of mobile network performance improvement solutions, for interworking, marketing, and launch of products. The core value proposition to Mobile Network Operators delivered by this partnership, aims to bring savings in OPEX and CAPEX as well as significant improvements in subscriber experience, network quality, efficiency and performance.

With the AirRAN product line, Airspan is driving innovation and cost efficiency into LTE-Advanced Small Cells Mobile Network deployments with an expansive product portfolio, which includes indoor and outdoor small cells, all-outdoor compact Micro and Mini-Macro base stations, a wide variety of user devices, and advanced core network products. These connectivity solutions operate in LTE access bands up to 5 GHz. Airspan supports a range of deployment use cases and has full "plug and play" capabilities.

P.I. Works is a leading supplier of centralized Self-Organizing Network (SON) solutions, providing fully-automated SON products combined with SON-powered Managed Services to improve the mobile subscriber experience and network quality, efficiency, and performance. P.I. Works' products are already deployed and being utilized by 38 leading operators, in 27 countries. Numerous studies have shown that more than 80% of network performance problems are due to RF resource overload conditions, interference, and poor RF signal coverage. P.I. Works uSON™ products identify areas of weak performance, related to capacity issues, coverage gaps, and high interference areas in the radio access networks, and apply configuration changes automatically to ensure the best network performance.

In addition to the go-to-market collaboration, the companies also announced today a technology partnership. This partnership will allow deeper integration of P.I. Works centralized uSON™ to orchestrate the optimal fit of Airspan's LTE-Advanced Small Cell products into an Operator's network. The arrangement includes the exchange of technical information, pre-integration, and interoperability conformity with Airspan network elements.

Paul Senior, CTO Airspan Networks said "We are extremely pleased to be in this strategic partnership with P.I. Works. It's a great fit and dovetails neatly into to our cutting edge Small Cells ecosystem. Airspan and P.I. Works together will empower our common Mobile Network Operator customers by delivering a true HETNET Architecture which results in increased Network Quality, Performance, Capacity, Coverage as well as significant OPEX and CAPEX savings."

Başar Akpınar CEO of P.I. Works said "P.I. Works is very pleased to provide a vertically-integrated solution with Airspan to address Operator's pressing needs to manage HETNETs. Airspan's small cell solutions in combination with P.I. Works uSON™ solutions will bring significant improvements in quality and reductions in cost to the bottom line of Mobile Network Operators worldwide. This shows again our commitment to delivering strong value to our customers."

P.I. Works is showcasing uSON™ product line at Mobile World Congress 2016 in Barcelona, in Hall 1, at Booth #1G20.

Airspan is demonstrating live its LTE Relay Product lines at MWC 2016 in Barcelona in Hall 6 Stand J30.

About Airspan Networks Inc.
Airspan (OTC PINK: AIRO) is a leading LTE RAN solution provider, with over 1000 customers in over 100 countries. Airspan is regularly recognized as a leader and pioneer in LTE Access and innovative Backhaul solutions. Airspan has an expansive product portfolio, which includes indoor and outdoor small cells, and all-outdoor, compact Micro and Macro base stations, a wide variety of user devices, and advanced core network products. These connectivity solutions operate in bands from 400 MHz up to 6.4 GHz. 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.

About P.I. Works.
P.I. Works is a leading provider in the area of network performance management and Self-Organizing Network solutions. These products and services enable mobile operators to improve their network quality and end user quality of experience. P.I. Works has deployed solutions to 38 operators in 27 countries. P.I Works is a member of the European Telecommunications Standards Institute (ETSI), playing an important role in the standardization process as an independent software solution provider in the 3rd Generation Partnership Project (3GPP) SON (Self Organizing Networks) forum. For more information visit http://www.piworks.net/