>From the press release:

BOCA RATON, FL — (MARKET WIRE) — 02/28/2006 — Airspan Networks Inc. (NASDAQ: AIRN, a leading world-wide provider of WiMAX-based broadband wireless access networks and carrier class Voice over Internet Protocols (VoIP) and Wi-Fi Hotzone systems, announced today the iTONE 500, a suite of operator-grade VoIP packages for wireline and wireless service providers and operators.

The solution is a complete package for ISPs and ITSPs that want to offer a competitive VoIP service to their subscribers, or alternatively for providers wanting to offer a hosted VoIP service to other ISPs.

According to a new report from Infonetics, the VoIP market boomed in 2005 and huge growth is expected to continue through 2009. The number of residential and SoHo (Small Office Home Office) VoIP subscribers is expected to skyrocket to 131 million by 2009 in North America, Asia Pacific, Europe, Middle East and Africa, up from 24 million in 2005. According to Frost & Sullivan, hosted IP telephony through IP Centrex type services is likely to account for an increasing share of business lines, due to cost savings and access to productivity-enhancing tools. iTONE 500 provides a cost-effective, feature-rich system to address these growing markets.

The iTONE 500 solution includes the proven, highly scalable, iTONE Softswitching engine as the core of the system. Gateways between the IP and PSTN networks are also included, along with browser-based configuration and installation support to ensure that a service provider can quickly bring the service to market. The Airspan Web Self Care application is also included, which will enable subscribers to access their accounts via the Internet, and reduce time-consuming operator-focused tasks to manage each subscriber.