BOCA RATON, FL—DECEMBER 29, 2004 -- Airspan Networks, Inc. (Nasdaq: AIRN), a leading worldwide provider of broadband wireless access networks, including WiMAX standard systems, announced today that Eric Stonestrom, President & Chief Executive Officer, is scheduled to present at the Seventh Annual Needham & Company Growth Conference at 4:30 pm on Thursday January 13th, at the New York Palace Hotel in New York City. Mr. Stonestrom will provide an overview Airspan’s current market and product strategies. Mr. Stonestrom’s 30 minute presentation will be followed by a 30 minute breakout session to facilitate small group and one-on-one discussions.

About Airspan Networks, Inc.
Airspan Networks provides wireless voice and data systems and solutions, including Voice Over IP (VoIP), to both licensed and unlicensed operators around the world in frequency bands between 700 MHz and 6 GHz, including both PCS and 3.5GHz international bands. Airspan has a strong product evolution roadmap that includes offerings compliant with the new 802.16-2004 standard, and with built-in 802.16e capability. Airspan is on the Board and a founder member of the WiMAX Forum. The Company has deployments with more than 200 operators in more than 70 countries. Airspan’s systems are based on radio technology that delivers excellent area coverage, high security and resistance to fading. Airspan’s 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 headquartered in Boca Raton, Florida with its main operations center in Uxbridge, United Kingdom.

More information on Airspan can be found at http://www.airspan.com

More information on the Needham conference can be found at:
http://www.needhamco.com/Content/News/2005%20ngc%20save%20the%20date.pdf

For Investment and Media Inquiries, contact:
Peter Aronstam
Chief Financial Officer
Airspan Networks, Inc.
Tel: +1 561 893-8682
Fax: +1 561 893-8671
Email: paronstam@airspan.com