Airspan Successfully Completes WiMAX Demonstration in Sri Lanka15 December 2005
Airspan Networks, Inc. (NASDAQ: AIRN), a
leading worldwide provider of broadband wireless access networks, including
WiMAX standard systems, and carrier class VoIP systems, announced today
that it has successfully completed a live demonstration of its AS.MAX WiMAX
solution in Sri Lanka.
At an event hosted by Intel in Colombo, where Dr. Craig Barrett, Chairman
-- Intel Corporation, delivered a keynote address on "Digital Inclusion"
(how Sri Lanka can capitalize on the digital evolution), the power of
digital connectivity was demonstrated when Mr. Barrett made a video call
over multiple WiMAX links to the Mayor of Galle, a southern port city of
Sri Lanka. The call was carried using Airspan's MacroMAX base-station
platform and the nationwide wireless backbone network operated by MTT
Network (Pvt.) Limited.
An Airspan EasyST, the world's first indoor, self-installable WiMAX
customer premise device, was used on top of the perimeter wall of the
Galle's historical Dutch Fort to connect to an Airspan MacroMAX base
station site located 2.5 km away on the other side of the Galle Bay. A
second MacroMAX base station in Colombo was connected to the first via
MTT's SDH/PDH wireless back-bone. The delivery of the video call at the
site of Mr. Barrett's speech was achieved via a link between an Airspan
ProST and the Colombo MacroMAX. Airspan was thus successfully able to
demonstrate a two-way video call to a location where no other
communications technology existed to provide the connectivity.
Mr. Henrik Smith-Petersen, President of Asia for Airspan, said: "We are
very pleased that our technology was used to provide this demonstration.
The success of event showed how our WiMAX technologies can be used in a
seamless manner to provide a combination of video and VoIP services. We
have developed an unparalleled product portfolio and skill-set for wireless
deployments, which will bring significant value to operators in countries
like Sri Lanka, where broadband wireless digital connectivity continues to
grow."
Airspan's AS.MAX product family has been designed for indoor,
self-installable deployment of customer premises equipment, an essential
requirement of operators for the economic rollout of broadband wireless.
The EasyST is the first product of its type to fully enable indoor
plug-and-play WiMAX services. The product family became commercially
available in the third quarter of 2005. The products give businesses and
consumers uninterrupted access to a rich variety of high bandwidth
applications such as networked gaming, streamed digital music, TV,
videoconferencing, and other real-time services at speeds faster than
today's 3G networks. Fixed WiMAX is expected to deliver end-user data rates
greater than 1 Mbps -- 3 to 5 times faster than today's commercial 3G
networks.
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 on Airspan can be found at http://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:
Airspan Networks:
Peter Aronstam
Chief Financial Officer
Tel: +1 561 893-8682
Fax: +1 561 893-8671
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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