Ireland's Last Mile Broadband Purchases Airspan's WiMAX Equipment and Expands WipLL Network

Market Wire, August, 2006

In November 2004, Airspan Networks (NASDAQ: AIRN) announced the signing of an agreement with Last Mile Broadband of Athlone, Ireland, for deliveries of Airspan's WipLL and 802.16a-based AS4030 products.

More than 50 WipLL base stations today give Last Mile Broadband the capacity to connect up to 6,000 subscribers in the Irish Midlands area with high-speed broadband Internet services in the 3.7GHz frequency band.

Today, Airspan is pleased to announce that Last Mile Broadband has placed new orders for additional WipLL base station and CPE equipment, and has also agreed to purchase 35 AS.MAX base stations and more than 1,000 ProST CPE devices that will operate in the 3.6-3.8GHz FDD and 5.8GHz frequency bands. Last Mile Broadband will use this equipment to launch new higher speed data and VoIP services.

Last Mile Broadband has been in business since 2002, building and operating wireless broadband networks to serve business and residential customers in the Midlands of Ireland, an area that includes all of counties Westmeath, Offaly, Roscommon, Longford and parts of the surrounding counties. With 15 licenses to operate fixed wireless networks in the region, Last Mile Broadband has been successful in attracting Group Broadband Scheme funding from the Irish government to finance some of its expansion. The company currently serves a rapidly expanding customer base across a large geographical area with its wireless networks. http://www.lastmile.ie/coverage.html

John Gibbons, Director of Last Mile Broadband, commented: "We first introduced Airspan's WipLL products into our network in January 2004. WipLL gave us the ability to offer our customers a wide range of data services on a system that was simple to deploy and grow and easy to manage with its comprehensive management system. After a thorough evaluation of various WiMAX systems, we are now very pleased to have chosen Airspan's WiMAX solution for the continued expansion of our broadband wireless network. The Airspan AS.MAX products use the same architecture as WipLL, which has shown itself to be very cost-effective, field-proven and reliable in three years of operation. We look forward to a similar experience with AS.MAX."

Anders Rendahl, Airspan's Vice President Sales for Europe, added: "We are delighted that Last Mile Broadband has decided to continue to grow its network using the latest Airspan technology. Our AS.MAX products are well suited to Last Mile's network requirements. Their modularity is ideal for rural deployments, and they permit 'pay as you grow' deployment to match the cash flows of our customers. The ProST enables long-range links with very low fault tolerances in harsh physical environments like those in the Last Mile Broadband service area."

About Last Mile Broadband

Based in Athlone, Co. Westmeath, Ireland, Last Mile Broadband is a Wireless Systems Integrator and Licenced Telecom Operator, providing a premium source of broadband wireless solutions throughout the Midlands and surrounding regions. The product range includes Broadband Wireless Connectivity, Internet Connectivity and Voice-Over IP (VoIP), with the company's product offerings replacing existing Leased-Line technology and DSL that are currently supplied by a number of other operators in the marketplace. Its unique selling proposition is in the provision of better, faster and more competitive solutions than the competition, whilst providing comprehensive regional coverage. Trading as Last Mile Broadband, the company has marketed itself as a specialist in building outdoor broadband wireless infrastructure primarily targeted at high bandwidth potential users, including Local Authorities and Health Boards in the Midlands and Western region, along with accessing the community broadband sector through involvement in a number of pilot wireless broadband projects and national funded schemes including the Group Broadband Scheme (GBS) etc.

More information on Last Mile Broadband can be found at http://www.lastmile.ie/why/index.html .

About Airspan Networks Inc.

Airspan Networks provides fixed and wireless voice and data systems and solutions, including Voice Over IP (VoIP). Its wireless products serve operators around the world in both licensed and unlicensed frequency bands between 700 MHz and 6 GHz, including both PCS and 3.5GHz international bands. Airspan has a strong wireless product roadmap that includes offerings compliant with the 802.11 a/b/g and the WiMAX 802.16-2004 standard, including software upgradeability to Mobile WiMAX (the 802.16e-2005 standard). Airspan is on the Board and is a founder member of the WiMAX Forum and a member of the Wi-Fi Alliance. The Company has deployments with more than 350 operators in more than 100 countries. Airspan's wireless systems are based on radio technology that delivers excellent area coverage, high security and resistance to fading. These systems can be deployed rapidly and cost effectively, providing an attractive alternative to traditional wired communications networks. Airspan's new AS.TONE VoIP system is a carrier class, turnkey solution that provides carriers with Class 4, Class 5 and IP-Centrex solutions and has a Softswitch and Gateways supporting SIP/H323 and SIP. AS.Tone's design provides customers, carriers, next-generation telcos, cellular providers and ITSP with a wide range of solutions with the best price/performance system for IP telephony. Airspan also offers radio planning, network installation, integration, training and support services to facilitate the deployment and operation of its systems. Airspan is headquartered in Boca Raton, Florida with its main operations center in Uxbridge, United Kingdom.