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TMCNet: Airspan Selected by Netspread for WiMAX Deployment

[September 18, 2008]

Airspan Selected by Netspread for WiMAX Deployment

(Marketwire Via Acquire Media NewsEdge) BOCA RATON, FL, September 18 / MARKET WIRE/ --

Airspan Networks Inc. (NASDAQ: AIRN), a
leading provider of WiMAX-based broadband wireless access networks,
announced today that Netspread, one of Botswana's leading ISPs, has chosen
Airspan as its WiMAX equipment provider and has begun deployments of
MicroMAX base stations and ProST customer premises equipment.

Netspread has operations in eight cities throughout Botswana. After
receiving an exclusive license in the 5.4 GHz band, Netspread chose
Airspan's flexible and robust MicroMAX and ProST WiMAX solution to provide
broadband wireless services to government offices and businesses. The
MicroMAX base station harnesses the quality of service normally only
supported by larger and more expensive base station options. With the
ability to tailor services to meet specific user needs, MicroMAX offers
high performance packaged in a small, convenient and easy-to-deploy box.

Mr. B. I. Mukhange, Managing Director of Netspread, commented, "Netspread's
choice was simple. We needed a product with a proven track record in the
5.4 GHz frequency band which also provided a feature-rich profile, high
capacity and resilience. Airspan's product portfolio was the best match.
After successful trials, we began deployments and look forward to continued
network expansion. I am excited to partner with Airspan for this project."

Declan Byrne, Chief Marketing Officer of Airspan, added: "Airspan has
implemented a well-resourced sales and marketing effort in support of
emerging markets such as Botswana. Customers in the developing world have
financial capacity and a high demand for robust broadband access to the
Internet. The addition of Netspread as a customer and their selection of
Airspan's product offering is further validation that we best understand
and meet the needs of such carriers. We are committed to offer the most
flexible and robust solution for growing markets worldwide."

Botswana, a country approximately the size of Texas, has over 2 million
residents and boasts a per Capita GDP exceeding $16,000. Botswana's
combination of a young population eager for connectivity and an Internet
penetration rate of just 3% makes this a perfect market for wireless
broadband.

About Netspread

Netspread prides itself with a highly skilled and professional team to
provide Broadband Internet Services. A licensed ISP in Botswana, the
company operates networks using ISDN, WiMAX and Wi-Fi technologies across
the country. Providing Broadband Internet Services and VoIP services with
an International gateway, we also provide satellite connectivity for those
customers where terrestrial networks either don't exist or are not
cost-effective to deploy. Other services include the sale and service of
computers, laptops and servers as well as Internet related services such as
web design and hosting, domain registration and hosting and email hosting.
We provide a truly one-stop-shop in Botswana for Internet and VoIP services
and IT support for both domestic and business customers.

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 2008
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.

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: dbrant@airspan.com
Charlotte Laurent-Ottomane
Investor Relations
Tel. +561 395 4581
Email: clottomane@airspan.com

Copyright ? 2008 Marketwire

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