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Comstar Chooses Airspan's Mobile WiMAX Solutions for Its Nationwide Armenian Network(Market Wire Via Thomson Dialog NewsEdge) BOCA RATON, FL, February 1 / MARKET WIRE/ -- Airspan Networks Inc. (NASDAQ: AIRN), a leading worldwide provider of WiMAX broadband wireless access networks, announced today that COMSTAR -- United TeleSystems (COMSTAR-UTS) (LSE: CMST), the leading supplier of integrated telecommunication solutions in Russia and the CIS, has chosen its Mobile WiMAX solutions for deployment in the Armenian capital, Yerevan, in addition to eighteen other major cities in Armenia. Airspan will supply Cornet-AM, a subsidiary of Comstar, with its HiperMAX base stations and related CPE equipment in the 3.6 - 3.8 GHz frequency band which will allow Cornet-AM to offer its customers internet access and VoIP with Mobile WiMAX. Comstar operates in Russia, Ukraine and Armenia offering a comprehensive suite of integrated telecommunications solutions. Comstar's network infrastructure effectively removes any restrictions of speed, QoS, management and suite of services. An integrated approach to the launch and conduct of business allows Comstar to fully meet the customers' needs for modern and reliable communication services using a proprietary digital network. Deploying Airspan's Mobile WiMAX equipment through its subsidiary Cornet-AM, Comstar will offer mobile WiMAX services to its nationwide Armenian customer base. "We are very proud to be awarded the first Comstar Mobile WiMAX contract in Armenia and believe that the HiperMAX outstanding features and capabilities will boost the broadband wireless services in Armenia," said Anders Rendahl, Airspan's Senior Vice President of Sales and General Manager of EMEA. Airspan's HiperMAX Base Station and Indoor EasyST WiMAX modem support both Fixed WiMAX (16d) and Mobile WiMAX (16e) System Profiles. This, combined with support for 5, 7 and 10 MHz channels ensures the solution is highly scaleable, delivering up to 32Mbit/s per channel, and up to 12 channels per Base Station. HiperMAX supports advanced multi-channel Receiver and Transmit diversity, and MIMO that delivers class-leading operational range and true indoor coverage. 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. COMSTAR - United TeleSystems JSC provides voice, data, Internet, pay-TV and other value-added services to residential subscribers, companies and operators using an extensive backbone network and exclusive last mile access to 98% of Moscow households. The company also operates in a number of regions of Russia and the CIS countries. As of September 30, 2007, the Comstar-UTS' subscriber base included 3.6 million residential users, 452,600 broadband users and 108,600 corporate users in Moscow and about 94,100 subscribers in Russian regions and the CIS countries. The revenue of COMSTAR-UTS for the first 9 months of 2007 was US $1,080.2 million, and OIBDA was 43% of revenue. The stocks of COMSTAR - United TeleSystems are listed on Moscow and London stock exchanges; the company's ticker is CMST. For details, please, visit: http://www.comstar-uts.ru 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 December 31, 2006 and in the Company's 2007 Quarterly Reports on Form 10-Q. 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 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: Email Contact Charlotte Laurent-Ottomane Investor Relations Email: Email Contact Tel. +561 395 4581 Copyright ? 2008 Market Wire, Incorporated |