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Airspan Analyst PresentationCTIA - April 2008

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Safe Harbor Statement

This presentation contains forward looking statements reflecting the beliefs and assumptions of management based on currently available information. The Company can make no assurance that there will not be a decrease in the demand for its products or that there will not be a continued or accelerated global economic slowdown that would interfere with such predictions. Investors are therefore cautioned not to place undue reliance on such statements as they are not a guarantee to future performance, and remain subject to a number of uncertainties and other factors that could cause actual results to differ materially from their forecast. 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, 2007 and in the Company's 2008 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.

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Agenda

• Welcome and Introductions

– David Brant, CFO

– Declan Byrne, CMO

• Strategy and Products

– Chad Pralle, VP Marketing

• Q&A

– Eric Stonestrom, CEO

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Welcome and IntroductionsWelcome and Introductions

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Fixed WiMAX Success

• Targeted WiMAX strategic direction among first movers

• Embraced the WiMAX ecosystem and chose well

– PicoChip, Intel, Sequans, WiMAX Forum BoD

– Nortel, Ericsson

• Built solutions, not buzzwords

– Created the most advanced fixed-WiMAX solution on the market

– Focused on VoIP performance; voice as the “killer app”

• RESULTS

– Major WiMAX Wins

– Broadened Customer Base – more high-revenue accounts

– #1 Fixed-WiMAX vendor in 2007

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Airspan: Strong Market Share

Friday, December 7, 2007

Rapid growth for WiMAX market:

LONDON (WiMAX Day). Infonetics Research reported this week the findings of a new reoport that indicate worldwide sales for both fixed and mobile WiMAX equipment increased 6% in Q3 2007 to US$206 million. In addition, Infonetics note that unit shipments of WiMAX equipment rose 16% in Q3. The report forecasts that manufacturerrevenue for WiMAX equipment will “grow at a 5-year compound annual growth rate (CAGR) of 87% between 2006 and 2010.” The report also noted that the companies Alvarion and Airspan were the leading WiMAX equipment suppliers based on equipment revenues for the third quarter.

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Maravedis Report – 2007 Market - Fixed WiMAX

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2008 So Far – WiMAX Momentum Continues

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Industry Outlook

• Fixed WiMAX continues in 2008 and beyond

– Traditional fixed access

– Cost sensitive markets

– Verticals

– Risk-averse service providers

• Mobile WiMAX starts now

– Wave 2 interoperability well underway

– Costs reaching attractive ROI inflections—devices & deployments

– Spectrum widely available and increasing

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Mobile WiMAX – Repeat Successful Strategy

• Deliberate implementation of advanced technology–“Wave 2”– No half measures – no rush to market with unfinished solution

• Ecosystem - Continued forward momentum– Sequans, Starent, Bridgewater added to Intel, Picochip

– Fujitsu

• Focus on Key customers with differentiated products– Leverage industry-leading D footprint

– Channel partners for tier-1 mobile networks

– Truly differentiated feature and capabilities

• Results– MiMAX – Industry’s first quad-band Wave-2 subscriber device

– MacroMAXe – Industry Leading: Cost, Capacity, Coverage

– KDDI / UQ Communications as beachhead customer

– Airspan moves strongly into 2.x-GHz

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Press Releases:

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Airspan MacroMAXe / Fujitsu WX300 Co-Development

• Industry’s Highest Range, Highest Capacity, Smallest Footprint

• Digital Processing Circuitry and SW is all Airspan– Significant revenue component of each Fujitsu base station sold

is an Airspan product

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KDDI / UQ Communications

KDDI Deployment Targets

Pilot Service:February 2009

Commercial Service: Summer 2009

Coverage Area: Nationwide (90% of the population by end 2012)

Subscribers: 5.6 Million by 2013

Network planning for 2008 already underway

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Building the 3.65 GHz base in the U.S.

�The market for unlicensed broadband wireless has been augmented in the US by additional spectrum.

�The 3.65 GHz band provides virtually license free spectrum with only registration, enabling coordination between carriers.

�Well over 200 carriers have registered across all market segments:

�Wireless ISPs

�Regional Telcos

�Municipal WiMAX

�Airspan has the broadest, most field-tested suite of 3.65 GHz WiMAX products in the industry, including a unique VoIP QoS capability.

�Backhaul

�Campus/Enterprise

�Industrial

HiperMAX

HiperMAX-Micro

MicroMAX-SOC

EasyST-2

ProST-2

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Gilat OEM Deal

• A leading provider of broadband satellite communications, networking products and services

– 16 sales and service offices worldwide

– Approximately 1000 employees worldwide

– Operate in 85 countries

– Revenues = $249M (2006) - NASDAQ Listed; TASE since 2004

• Entering WiMAX business as System Integrator and Reseller

– Built core team focused 100% on WiMAX

• Targeting Emerging Markets (Russia Ex-CIS, Africa, etc…)

– Very complementary with Airspan Sales

• Reseller / OEM signed on 23rd January 2008

– Took 4 months from start to finish

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2.5 GHz Driving Growth

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Foundation for Growth

• Strategy

– Ecosystem and standards

– Complete and differentiated solutions

• Execution

– Rapid R&D

– Focus on high-yield Customers

• Results

– Best-in-breed products for fixed and mobile WiMAX

– Hold early beachhead among Fixed WiMAX customers

– Only pure-play WiMAX vendor with a tier-1 mobile-Wi MAX account win