Costa Rica Telecommunications

I.C.E., Costa Rica's Largest Telecommunications Operator, Awards Airspan Networks a $12.5 Million WiMAX Contract
I.C.E. Costa Rica Has Undertaken a Substantial Residential and Business Subscriber Expansion of Next-Generation Advanced Services in the Country With Airspan's WiMAX Productsbr> January 20, 2009: 08:00 AM ET

Airspan Networks Inc. (NASDAQ: AIRN), a leading provider of WiMAX-based broadband wireless access networks, announced today that I.C.E. (El Instituto Costarricense de Electricidad) of Costa Rica, the country's main telecommunications operator, has awarded Airspan Networks a follow-on order worth approximately $12.5 million through its local partner, Datatell (Datatell 3000 de Costa Rica), for a network expansion and the deployment of several tens of thousands of CPEs (customer premises equipment).

The network, operating in the 3.5 GHz band, is made up of Airspan WiMAX Forum® Certified HiperMAX base stations and a combination of ProST outdoor installed CPEs and EasyST self-install desktop units. Together, the equipment will compose a large WiMAX network offering a broad range of next-generation applications.

"Airspan is excited to continue to supply I.C.E. of Costa Rica with solutions for their WiMAX network. We have been working closely with Datatell to ensure that I.C.E. receives the best comprehensive solution, not only for the actual WiMAX equipment, but also for network installation, management and maintenance as well as radio planning. We look forward to an on-going strong relationship with the company and to continuing to help them quickly achieve their growth objectives," stated Amit Ancikovsky, Airspan's Vice President and General Manager, Americas.

Eric Stonestrom, Airspan's President and Chief Executive Officer, added, "Incumbent carriers such as I.C.E. continue to select Airspan to solve their broadband connectivity needs. We are helping these operators quickly deploy field-proven networks whether overcoming challenging terrain, serving diverse demographics, or providing a quick return on aggressive business models." Stonestrom continued, "Despite the challenging economic times, the business case for wireless broadband connectivity around the world remains compelling. Airspan's combination of strong customer focus and award-winning products continue to create value for our customers."

About Airspan Networks Inc.
Airspan is a leading WiMAX pure player and the solution-provider of choice for some of the world's largest WiMAX deployments. Developing leading-edge technology for broadband access and IP-telephony, Airspan continues to supply operators around the world with best-of-breed solutions. 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.