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Airspan Selected by Guineanet for 4G Network in Equatorial

Airspan Selected by Guineanet for 4G Network in Equatorial Guinea 
Providing High-Speed 4G Services to Residents and Businesses 
CAPE TOWN, SOUTH AFRICA -- (Marketwire) -- 11/13/12 --  AfricaCom
2012 -- Airspan Networks Inc., a leading provider of broadband
wireless access networks, announced today that Guineanet, an Internet
service provider in Equatorial Guinea, has been expanding its 4G
broadband network operating in the 700 MHz frequency band, using
Airspan's Air4G powerful, compact, macro base station.  
The deployment commenced in June 2011 and has been expanding since,
extending covering in Malabo, the country's capital, and Bata, the
largest city in Equatorial Guinea. The Guineanet network offers
customers high-speed broadband communication for data and VoIP
services as well as Wi-Fi hotspots for multi-device connectivity.
Having deployed the Airspan's Air4G, Guineanet will benefit from the
product's integration of LTE and WiMAX platforms, enabling the
company to migrate the network infrastructure to LTE simply and
affordably, with a software-only upgrade. This will enable Guineanet
to continue to serve WiMAX customers while introducing LTE customers
at its own pace. 
"Airspan's solutions have perfectly suited our business model and our
expansion plans," commented Tim Edwards, CEO and co-owner of
Guineanet. "We chose Airspan for their impressive product
performance, exceptional customer service, our long-term
relationship, competitive pricing and the availability of a 700 MHz
product. We have been extremely satisfied with their products and
attentive service and look forward to continuing our network
expansion and migration to LTE." 
Amit Ancikovsky, President of Products and Sales, added, "Guineanet
is another in a series of commercial wins announced this year in the
Africa region. Africa is a rapidly adopting 4G market segment and a
key target for Airspan. Our 4G technology delivers broadband services
to many people that haven't had access to broadband previously. We
have a solid understanding of the African market and of Guineanet's
needs and challenges. We are happy to serve Guineanet and their
customers while helping to drive economic growth in the region." 
Airspan solutions address the needs of carriers, operators and
industrial applications acro
ss the globe. With a comprehensive suite
of 4G base stations, user devices and core network products, Airspan
provides a solution for any wireless network. Airspan solutions cover
a variety of licensed and unlicensed frequency bands ranging between
the 150 MHz and the 6 GHz band. 
About Guineanet
 Guineanet is a wireless Internet service provider in
Equatorial Guinea operating in the 700 MHz frequency band. Guineanet
offers exceptional customer service, providing businesses and
residents in Malabo and Bata with Internet connectivity and VoIP. The
current network operates on a WiMAX platform with future migration
plans to LTE. 
About Airspan Networks Inc.
 Airspan (PINKSHEETS: 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. Airspan has solutions spanning the 150
MHz to 6 GHz frequency bands. www.airspan.com 
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. 
For Media Inquiries, contact:
Dori Erann
Vice President of Marketing
Airspan Networks Inc.
Tel. +1 561.893.8687
Email: derann@airspan.com