Airspan Signs Global Reseller Agreement With American International Radio (AIR)

AIR to Leverage Wireless Experience to Distribute Airspan 4G Wireless Solutions Worldwide

DUBAI, UNITED ARAB EMIRATES–(Marketwire – October 14, 2012) –  Gitex Technology Week – Airspan Networks Inc., a leading provider of broadband wireless access networks, announced today that it has signed a global reseller agreement with American International Radio, Inc. (AIR), a premier technology company distributing wireless products to a wide array of industrial markets.

Headquartered in Chicago, Illinois, American International Radio, Inc. operates as a system integrator, providing end-to-end professional communications solutions for customized mobility and IT applications. The agreement between the two companies allows AIR to sell Airspan 4G solutions as well as provide training and technical support. AIR plans on marketing Airspan’s 4G LTE and WiMAX solutions into several markets including Telecom Service, Public Safety, Security and Oil and Gas. AIR has an expansive sales team as well as an expert team of engineers and technical support staff based in ten countries.

“AIR is excited to add Airspan’s advanced 4G products to its portfolio,” commented Dorel Nasui, the CEO of AIR. “We see a wealth of growth opportunity and the chance to address the growing market demands for high-speed wireless connectivity around the world. Airspan not only offers innovative LTE products, but also customized 4G solutions that meet the unique requirements of industrial markets. We are looking forward to delivering their state-of-the-art solutions throughout EMEA and the USA and to sharing future successes.”

Henrik Smith-Petersen, President of Global Business Development for Airspan, added, “AIR has been growing its business for many years. The company is committed to providing customers with high-quality solutions, service and support. This partnership will allow AIR to fully leverage its strength and experience in the telecommunications industry supported by Airspan providing innovation and expertise in 4G broadband technology. We are eager to set this partnership in motion and to reap the benefits of a growing presence for Airspan, particularly in the EMEA region and in industrial markets.”

Airspan solutions address the needs of carriers, operators and industrial applications across 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 frequency bands ranging between the 150 MHz and the 6 GHz band.

These solutions will be on display this week at Gitex Technology Week in Dubai, UAE at booth number Z-D40.

About American International Radio, Inc (AIR)
American International Radio, Inc (AIR) is a premier technology company and System Integrator providing Professional Communication Solutions and Mobility & IT Applications for Public Safety, Government, Commercial, Industrial and Transport sectors. AIR began in 1990 and has since grown to direct offices in ten countries and partners in over 60 countries all over the world, including U.S.A., Africa, Europe and the Middle East. AIR offers a wide variety of professional communication solutions and products, providing the tools needed to get the job done while maintaining a competitive edge and saving costs.

About Airspan Networks Inc.
Airspan (PINKSHEETS: AIRO) is a leading 4G wireless solution provider. With over 500 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 700 MHz to 6 GHz frequency bands.

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.

AIR Contact
Koral Turkkan
Business Development & Sales Director
AIR Telecommunication Solutions
A Division of American International Radio, Inc
Tel: +90 212 2850370