ON Selected Airspan for Its Small Cell 4G Network Deployments in Brazil

BARCELONA, SPAIN--(Marketwire - Feb 28, 2013) - MWC 2013 -- Airspan Networks Inc., a leading provider of 4G LTE-Advanced broadband wireless access networks, announced today that it has started the deployment of a 2.6 GHz TD-LTE network with Brazilian Telco ON in Sao Paulo state using its Air4G high power compact small cell.

This deployment is based on Airspan's Air4G LTE-Advanced ready product line that delivers the highest net throughputs and operational range of any TD-LTE product available today.

Air4G's class leading features include;

• LTE-Advanced Release 10 Feature Set
• Support for TD-LTE Band 38 and Band 41 at 2.6 GHz
• End User Speeds of up to 100 Mbit/s
• Seamless Mobility
• Class-leading Coverage
• Full Interoperability with third-party EPCs and UEs

"We have taken the decision to aggressively deploy the LTE-Advanced ready systems in our concession area in Brazil's Sao Paulo State because of its ability to quickly offer very high-quality Internet connectivity to a large footprint," commented Farès Nassar, CEO of ON. "We also chose Airspan because they demonstrated the ability to quickly integrate with our existing LTE RAN and Core supplier and delivered LTE at an attractive coverage/performance ratio. We have so far been impressed by Airspan's deployment agility and responsiveness".

The first phase of the deployment will be completed by March 2013 and then immediately enter commercial service. We expect the Air4G LTE RAN solution to be fully homologated for LTE operation in Brazil by end March. The Air4G LTE-A deployment will then be expanded to other regions of Sao Paulo state. "Consistent with ON's strategy of offering the most advanced solutions to its customers, we are working with Airspan to adapt its LTE-A technologies to our markets," said Mr. Nassar.

Amit Ancikovsky, President of Products and Sales, added, "This is another excellent LTE win for Airspan. This is our first 4G LTE-A deployment, and joins our rapidly growing footprint of LTE rollouts and yet again we have demonstrated our ability to provide an alternative to the traditional Tier 1 Macro-cell infrastructure vendors. Our high performance compact base stations allow carriers like ON to deliver the full potential of LTE, without any compromises, which is the blueprint for success in the LTE Access business."

Airspan solutions address the needs of carriers, operators and industrial applications across the globe. Airspan products include indoor and outdoor Pico cells, and outdoor, compact Micro and Macro base stations, a wide variety of user devices, and advanced core network products, providing 4G LTE connectivity solutions operating in bands from 400 MHz up to 6.4 GHz.

About Airspan Networks Inc.
Airspan (OTCBB: AIRO) is a leading 4G wireless solution provider. With over 1000 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. www.airspan.com.

About ON Telecom
ON is an innovative wireless broadband provider utilizing state-of-the art 4G TD-LTE technology (2.6 GHz) to deliver advanced services that include Internet access, voice and video. ON is currently licensed to offer these services in more than a 100 cities in the state of Sao Paulo, covering about 10 million people in Brazil. www.on.com.br.

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.