Airspan’s “Virtual RAN” LTE Small Cell Portfolio Wins Coveted Small Cell Forum Industry Award

London, UK, June 12, 2015 – Airspan Networks Inc., a leading provider of LTE small cell RAN solutions wins the Small Cell Forum Design and Technology Award for its ground-breaking AirRAN LTE-Advanced Virtual Small Cell product portfolio. The annual Small Cell Forum awards celebrate the pioneering achievements within the global small cell industry. Now in its seventh year, the 2015 awards recognize innovation and design excellence in an expanded and increasingly mature small cell ecosystem.

AirRAN is a range of high performance LTE eNodeB small cells optimized for deployment in heterogeneous networks on non-traditional outdoor deployment locations, for example on street lights, utility poles and rooftops, and into indoor public access enterprise deployment scenarios. All AirRAN eNodeBs support Virtual RAN (vRAN) deployment which enables features that were traditionally only possible using an advanced Macro Cell infrastructure. AirRAN is also the world’s first small cell solution that is designed to support the Small Cell Forum’s Network FAPI, known as nFAPI, which enables the virtualization of small cell.

“This award by the Small Cell Forum ecosystem demonstrates Airspan’s technology leadership in LTE-Advanced Small Cells. The future-proofed AirRAN product family is the only truly holistic small cell solution built to allow carriers to evolve 4G LTE networks towards 5G using an innovative HetNet approach. We enable carriers, without access to dark fiber, to deploy features like CoMP, Carrier Aggregation and Cross-Carrier scheduling using clusters of small cells. This approach improves coverage, capacity and quality of experience to end users,” commented Paul Senior, Airspan’s SVP and Chief Technical Officer.

At the Small Cells World Summit in London, Airspan exhibited its portfolio of AirRAN LTE eNodeBs (AirVelocity, AirSynergy, and AirHarmony) and its indoor and outdoor iRelay and iBridge transport solutions. Airspan’s eNodeB’s range in power from 2x125mW indoors to 2x20W outdoors, connecting a wide variety of user devices enabling LTE-Advanced services operating in bands from 700 MHz up to 6.4 GHz.

About Airspan Networks Inc.
Airspan (OTC Markets: AIRO) is a leading LTE RAN solution provider, with over 1000 customers in over 100 countries. Airspan is regularly recognized as a leader and pioneer in LTE Access and innovative Backhaul solutions. Airspan has an expansive product portfolio, which includes indoor and outdoor small cells, and all-outdoor, compact Micro and Macro base stations, a wide variety of user devices, and advanced core network products. These connectivity solutions operate in bands from 400 MHz up to 6.4 GHz.

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.

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