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WiMAX to rural and underserved markets. Faster speeds,
greater coverage and mobility, delivering broadband to you where
you want and when you want it, are just some of the many benefits
of this next generation of broadband services. KeyOn is
helping to pioneer the deployment of WiMAX broadband services
throughout the country. Ask
about it today!
KeyOn Communications and Airspan Networks Sign WiMAX Agreement
Pilot Project Announced for KeyOn's Pahrump, Nevada Market using
Airspan's HiperMAX 3.65Ghz WiMAX Platform
OMAHA, Neb. & BOCA RATON, Fla.--(BUSINESS
WIRE)--March 26, 2008--KeyOn Communications Holdings, Inc.
(OTC BB: KEYO), a leading provider of wireless broadband, satellite
television and Voice over Internet Protocol (VoIP) services
to rural and underserved markets, announced today its agreement
with Airspan Networks, Inc. (NASDAQ: AIRN) to deploy advanced
data services using Airspan's WiMAX solution for the 3.65 GHz
spectrum band.
"Broadening our service offering and building on our core
competencies, KeyOn is delighted to break new ground in advancing
the potential for WiMAX deployment in this spectrum," said
Sid Ganju, EVP of Corporate Development and Strategy for KeyOn
Communications. "We believe that Airspan offers the industry's
most complete and technologically advanced range of WiMAX products
in the 3.65 GHz band, along with a comprehensive network management
solution and capabilities to ensure voice quality. We are eager
to confirm the viability of fixed and nomadic broadband wireless
services using the WiMAX technology in one of our existing markets."
"As a leading global provider of WiMAX networks, we appreciate
the opportunity to work with KeyOn Communications, the leading
provider of fixed wireless broadband services to underserved
and rural markets in the United States," commented Airspan's
Vice President and General Manager of the Americas, Amit Ancikovsky. "We
are excited about deploying WiMAX networks at 3.65 GHz in partnership
with KeyOn and, in the process, help KeyOn's communities benefit
from the promise and potential of advanced WiMAX broadband services."
Under the agreement, KeyOn will deploy Airspan's
WiMAX solution to provide coverage to over 13,000 households
in Pahrump, Nevada. After the successful completion of the
project, KeyOn plans to commercially market the services to
its customers, augmenting its product service that currently
includes fixed wireless data, VoIP and satellite video services.
KeyOn also intends to evaluate the Voice over Internet Protocol
("VoIP") services
on the 3.65 GHz WiMAX platform to provide an integrated voice
and data solution to its customers.
About KeyOn Communications Holdings, Inc.
KeyOn Communications Holdings Inc. (OTC BB: KEYO) is a leading
provider of wireless broadband services to rural and underserved
markets with populations generally less than 250,000. KeyOn offers
its broadband services along with voice over Internet protocol
(VoIP) and satellite video services to both residential and business
subscribers across 11 Western and Midwestern states. Through
a combination of organic growth and acquisitions, KeyOn has expanded
its network footprint to reach approximately 50,000 square miles
and cover nearly 2,500,000 people as well as small-to-medium
businesses. With its successful track record of acquiring companies
and growing its core subscriber base, KeyOn has established itself
as one of the largest wireless broadband companies in the United
States. Management intends to drive subscriber growth through
additional asset acquisitions as well as organic growth across
the company's expanding footprint by offering bundled services
including broadband, video and VoIP and related valuable services
such as the Bullseye Club. The company also intends to opportunistically
build mobile and/or nomadic WiMAX networks in and around its
market footprint. More information on KeyOn can be found at www.keyon.com.
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.
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,
2007 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.
MULTIMEDIA AVAILABLE:
http://www.businesswire.com/cgi-bin/mmg.cgi?eid=5642037
CONTACT: Keyon
Sid Ganju, 402-998-4007
sganju@keyon.com
Investor Relations:
Anthony Evans, 415-785-7858
keyon@dupontcapital.org
or
Airspan
David Brant, 561-893-8650
Fax: 561-893-8681
dbrant@airspan.com
Investor Relations:
Charlotte Laurent-Ottomane, 561-395-4581
clottomane@airspan.com
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