Airspan Networks to Announce Second Quarter 2005 Financial Results on August 3rd at 4:00 p.m.

The dial-in numbers for the live conference call are as follows:US toll-free number is (866) 814-1921; international access dial-innumber is 1-703 639-1364. Reference the Airspan Networks quarterlyconference call.

There will be a live webcast of the conference call available onthe investor relations section of the Airspan Web site athttp://www.airspan.com. The webcast will also be distributed overCCBN's Investor Distribution Network to both institutional andindividual investors. Individual investors can listen to the callthrough CCBN's individual investor center athttp://www.companyboardroom.com or by visiting any of the investorsites in CCBN's Individual Investor Network such as America Online'sPersonal Finance Channel, Fidelity Investments(R) (Fidelity.com) andothers. Institutional investors can access the call via CCBN'spassword protected event management site, StreetEvents -http://www.streetevents.com.

For those who cannot listen to the live broadcast, an audio replayof the call will be available on the Airspan Web site for 30 days. TheUS toll-free number for the replay is 1-888-266-2081; theinternational access number for the replay is 1-703-925-2533. Pleaseuse access code 731289.

About Airspan Networks

Airspan Networks provides wireless voice and data systems andsolutions, including Voice Over IP (VoIP), to both licensed andunlicensed operators around the world in frequency bands between 700MHz and 6 GHz, including both PCS and 3.5GHz international bands.Through its iTone division, the Company also sells VoIP-based productsthat offer high-quality, reliable and scalable carrier-gradesolutions.

Airspan has a strong wireless product evolution roadmap thatincludes offerings compliant with the new WiMAX 802.16-2004 standard,and with built-in 802.16e capability. Airspan is on the Board and afounder member of the WiMAX Forum. The Company has wirelessdeployments with more than 300 operators in more than 80 countries.Airspan's wireless systems are based on radio technology that deliversexcellent area coverage, high security and resistance to fading. Theycan be deployed rapidly and cost effectively, providing an attractivealternative to traditional wired communications networks. Airspan alsooffers radio planning, network installation, integration, training andsupport services to facilitate the deployment and operation of itssystems.

Airspan is headquartered in Boca Raton, Florida with its mainoperations center in Uxbridge, United Kingdom. More information onAirspan can be found at http://www.airspan.com