Airspan Showcases Innovative WiMAX Product Suite for the US Market at CTIA

LAS VEGAS, NV--(Marketwire - April 1, 2008) - Airspan Networks Inc. (NASDAQ: AIRN), a leading provider of WiMAX-based broadband wireless access networks, is showing a full suite of products at CTIA designed for the US broadband wireless market. Airspan's field-proven products for the recently allocated 3.65 GHz band and new innovations in Mobile WiMAX for the 2.3 GHz and 2.5 GHz bands add to its existing 700-MHz and unlicensed products, making Airspan the leader in broadband wireless solutions for the US market.

"Customers have been very impressed with the 3.65 GHz solution, and they're glad to be working with field-proven equipment," commented Amit Ancikovsky, Airspan's Vice President and General Manager, Americas. "We're now adding our Mobile WiMAX solution for the 2.3 GHz and 2.5 GHz bands to that success. This is the same technology that was chosen for the KDDI/UQ Communications deployment in Japan and that adds enormous credibility."

Chad Pralle, Vice President of Marketing for Airspan, added, "From rural carriers considering the 3.65 GHz band, to tier-1 mobile networks in 2.3 GHz and 2.5 GHz, Airspan is now delivering products that have significant advantages over the competition. We are laser-focused on reducing the cost of deploying and operating a network. Airspan enables carriers to deploy fewer high power, high capacity base stations reducing operational costs, especially expensive backhaul and power costs. WiMAX has always been promoted as a low-cost network and, more than anyone, Airspan is delivering on that promise."

Airspan has recently introduced to the US Market products in the 3.65 GHz band, with unique features of this solution providing significant range and link stability. For 2.3 GHz and 2.5 GHz Mobile WiMAX networks, Airspan recently introduced the MacroMAXe base station, developed in collaboration with Fujitsu. MacroMAXe has the highest transmit power and capacity and the smallest physical footprint of any base station available for macro deployments.

Rounding out the offering is the award winning quad-band MiMAX USB subscriber device, which enables users to roam across all the WiMAX bands enabling carriers to deploy overlay networks and establish roaming agreements, for example, between regional carriers using 3.65 GHz and national carriers at 2.3 GHz or 2.5 GHz.

Airspan will be showcasing all these products at CTIA Wireless 2008 in Las Vegas beginning April 1, 2008 at Booth #5475.

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.

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 2007 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: