Airspan's 5.8GHz Solutions Are Deployed by BigAir for the First Commercial Launch of Fixed WiMAX Services in Sydney and Melbourne, Australia

BOCA RATON, FL--(Marketwire - July 30, 2007) - Airspan Networks Inc. (NASDAQ: AIRN), a leading worldwide provider of WiMAX and Wi-Fi based broadband wireless access networks, announced today that its 5.8GHz MicroMAX base stations have been deployed by BigAir Group Limited (BigAir), an Australian wireless broadband service provider, for the first commercial WiMAX services in Sydney and Melbourne.

After conducting a six month extensive technical trial of both proprietary wireless and WiMAX technologies in the 5.8GHz band, BigAir selected Airspan as its supplier for its rollout of fixed WiMAX services for business customers in Sydney, Melbourne and Brisbane.

BigAir CEO, Jason Ashton, said, "BigAir is pleased to be the only Australian carrier currently offering fixed WiMAX services in the metropolitan markets of Sydney and Melbourne. We plan to continue to expand our WiMAX network to other areas across Australia in order to offer leading services to businesses frustrated with the current limitations of fixed line options." Mr. Ashton added that "BigAir chose to deploy field proven industry leading WiMAX products from Airspan Networks as the extensive testing showed Airspan equipment consistently gave BigAir up to double the performance of competing proprietary systems. WiMAX will allow us to offer symmetric, business-grade broadband at speeds of up to 30 Mbps today with far greater range and reliability than is currently available with proprietary wireless systems. In the very near future we will offer even higher speeds as WiMAX technology evolves."

"We are very pleased that BigAir has chosen Airspan for its 5.8 GHz WiMAX deployment in Australia," said Henrik Smith-Petersen, Airspan's President of Asia Pacific. "Airspan successfully passed the intense and in-depth technical due diligence carried out by BigAir. We are gaining traction with our MicroMAX 5.8GHz product and we believe this deployment with BigAir validates our position as the leading supplier of WiMAX products in Asia Pacific."

Airspan's MicroMAX base station is designed to support lower density, rural broadband access, enterprise applications and DSL in-fill scenarios in both licensed and unlicensed bands.

About BigAir Group Limited

ASX Listed BigAir Group (BGL) is a wireless broadband service provider offering high-speed data telecommunications services to customers over three state of the art wireless networks in Australia. BigAir owns and operates its own fixed wireless network covering the Sydney metro area, and is the largest provider of customer services on the iBurst mobile wireless network with coverage in all Australian eastern capital cities. BigAir also provides services on the Unwired network that has coverage in Sydney and Melbourne. BigAir is able to offer a wide range of wireless communication solutions including its high-speed symmetric fixed wireless broadband which offers speeds up to 100Mbps. BigAir also offers a range of the fastest mobile and portable broadband services offering speeds up to 1Mbps. For further information, please visit www.bigair.com.au

About Airspan Networks Inc.

Airspan Networks provides wireless voice and broadband data systems and solutions for the fixed and mobile WiMAX and Wi-Fi markets, 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. Airspan has a strong wireless product roadmap that includes WiMAX Forum Certified equipment and products meeting 802.11 a/b/g Wi-Fi standards, Airspan's HiperMAX and MicroMAX base station products support portable and mobile 802.16e-2005 WiMAX alongside fixed and nomadic 802.16-2004 products. Airspan products also include "self install" and professionally installed customer premise equipment. 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 in more than 100 countries with more than 400 operators, 100 of which use Airspan's WiMAX Forum Certified and non-certified products. 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 also offers radio planning, network installation, integration, training and support services to facilitate the deployment and operation of its systems. Airspan is an international telecommunications equipment provider headquartered in Boca Raton, Florida. 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 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 31 December, 2006 and Form 10-Q for the first quarter ended 1 April 2007. 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.

Contact Information: 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: