Airspan Joins the Wi-Fi Alliance(R)18 December 2005
Airspan Networks, Inc. (NASDAQ: AIRN), a
leading worldwide provider of WiMAX based broadband wireless access
networks and carrier class Voice-over-Internet protocol (VoIP) solutions,
today announced that it has joined the Wi-Fi Alliance, a global, non-profit
industry trade association devoted to the growth of wireless Local Area
Networks (WLAN). Airspan joins more than 200 companies worldwide as a
member of the Wi-Fi Alliance.
"In becoming a member of the Wi-Fi Alliance, Airspan Networks joins more
than 200 companies from around the globe who are committed to delivering
interoperable Wi-Fi® solutions and ensuring a positive user experience
through our Wi-Fi CERTIFIED™ programs," said Wi-Fi Alliance Managing
Director, Frank Hanzlik. "We are pleased to have them become a part of the
organization."
Airspan also announced the launch of its AS.NET product line, the company's
new flexible solution that combines standards-based Wi-Fi® Hotzone
technology with cost-effective and resilient backhaul. AS.NET can also be
sold in a point-to-point configuration, providing broadband backbone for
hotspot locations, outdoor coverage access points and DSL switches. Using
AS.NET, operators will be able to create networks that allow consumers and
businesses to connect to Wi-Fi® Hotzones in a seamless manner and roam
with their PDAs, laptops, handheld gaming devices and smart phones, without
any need to re-authenticate as they move between Hotzone nodes.
Eric Stonestrom, President and CEO of Airspan, commented: "Airspan is
extremely pleased to join the Wi-Fi Alliance. The Alliance has been
fundamental in driving the development of the Wi-Fi® standard and
ensuring the interoperability of Wi-Fi® devices. Airspan will continue
to ensure that its AS.NET portfolio meets the development goals and new
standards set by the Alliance." He added that, "In the very near future, we
foresee the widespread combination of WiMAX and Wi-Fi® solutions in
wireless broadband access networks. Already, our WiMAX customers like
Yozan in Japan are deploying our systems with the ability to provide
subscribers with both WiMAX coverage to the premises and Wi-Fi® access in
public hotspots. AS.NET's patented RoamNET technology will now allow us to
add the dimension of mobility to these networks, providing further impetus
to the rollout of broadband wireless networks."
Airspan's announcement comes soon after its recent acquisition of Radionet
Oy, Ltd. of Finland. Radionet is a leading provider of 802.11-based
Wi-Fi® municipal wireless Hotzones, community networks, mobile broadband
solutions for industrial applications and link solutions for wireless
backhaul and enterprises. Airspan's new membership in the Wi-Fi Alliance
and its acquisition of Radionet reiterate Airspan's belief that a
combination of WiMAX and Wi-Fi technologies will provide the most flexible
combination of wireless-based broadband connectivity solutions in
enterprise and carrier networks.
Airspan's AS.NET product line consists of a number of highly flexible
outdoor 802.11a/b/g base station products that can be configured for
point-to-point, repeater and Wi-Fi® hotzone deployments. Used in
conjunction with RoamNET software, it provides network-wide, seamless
Wi-Fi® handoffs between access locations within a Wi-Fi® hotzone. The
AS.NET family also provides specialist enterprise and public safety
wireless broadband applications, including ports, mining, and public
transportation networks.
Airspan's AS.NET product family is commercially available now. It
includes:
-- FlexNET: Flexible dual radio a/b/g bridge/router which can be
configured for hotzones, point-to-point links or both.
-- ControlNET: Network and subscriber management software for a FlexNET
hotzone network.
-- RoamNET: Patented IP-level roaming software providing seamless roaming
across a routed network.
-- ViaNET: Highly ruggedized dual radio a/b/g Mobile Terminal or Access
Point enabling high quality "make before break" data transmission on moving
vehicles.
-- CrossNET: Works together with ViaNET for applications such as mobile
CCTV, to provide guaranteed high data rates to moving vehicles.
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 in WiMAX to the 802.16e
standard. Airspan is on the Board and a founder member of the WiMAX Forum
and a member of the Wi-Fi Alliance. The Company has deployments with more
than 300 operators in more than 95 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.
More information about Airspan can be found at 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 also subject to the risks and uncertainties described in its
filings with the Securities and Exchange Commission, including its Annual
Report on Form
10-K/A for the year ended December 31, 2004. 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.
For Investment and Media Inquiries, contact:
Peter Aronstam
Senior Vice President & Chief Financial Officer
Airspan Networks, Inc.
Tel: +1 561 893-8682
Fax: +1 561 893-8681
Email: Email Contact
For Media inquiries in the UK, contact:
Anisha Sharma
Text 100 London
Tel: +44 (0)208 846 0747
Email: Email Contact
SOURCE: Airspan Networks, Inc
Source: marketwire
All trademarks and copyrighted information contained herein are the property of their respective owners.
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