Airspan Networks Appoints Peter Aronstam as Chief Financial Officer.Business Editors SUNRISE, Fla.--(BUSINESS WIRE)--March 8, 2001 Airspan Networks, Inc. (Nasdaq:AIRN), a leading worldwide provider of broadband fixed wireless DSL DSL in full Digital Subscriber Line Broadband digital communications connection that operates over standard copper telephone wires. It requires a DSL modem, which splits transmissions into two frequency bands: the lower frequencies for voice (ordinary networks, today announced the appointment of Peter Aronstam as Chief Financial Officer. Effective immediately, Aronstam will be based out of the company's worldwide headquarters in Sunrise, Fla. Previously the Vice President of Customer Finance at Nortel Networks, Aronstam was responsible for all customer finance activities for Nortel customers within the Caribbean and Latin America region. He has been with Nortel since 1983, holding a variety of positions in the corporate treasury, export finance, mergers and acquisitions, and enterprise product sales departments. "Peter brings a great deal of relevant telecom and financial experience to the company," said Eric Stonestrom, president and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of Airspan. "We're looking forward to him being part of our executive leadership team that is continually demonstrating how fixed wireless broadband solutions are working for customers in every part of the world." Prior to joining Nortel, Aronstam was a Lecturer of the Faculty of Law at the University of the Witwatesrand and also held positions with the Bank of Montreal “BMO” redirects here. For the mathematics competition, see British Mathematical Olympiad. Bank of Montreal/Banque de Montréal (TSX: BMO, NYSE: BMO) is Canada's fourth largest bank[1], and is classified as a Domestic Chartered Bank (Schedule I). and the Bank of America
Bank of America (NYSE: BAC TYO: 8648 ) is the largest commercial bank in the United States in terms of deposits, and the largest company of its kind in the world. in Toronto. Aronstam is also an Advocate of the Supreme Court of South Africa. He holds bachelor's degrees in both commerce and law, as well as a doctorate in law, all from the University of the Witwatersrand Due to the 1959 Extension of University Education Act the school was only allowed to register a small number of black students for most of the apartheid era, even though several notable black anti-apartheid leaders graduated from the university. in South Africa. David Brant, who has been Airspan's interim CFO See Chief Financial Officer. , will assume his prior role as Senior Vice President, Corporate Finance with expanded responsibilities. About Airspan Networks Airspan provides wireless DSL systems and solutions to operators around the world with licenses in frequency bands between 900 MHz (MegaHertZ) One million cycles per second. It is used to measure the transmission speed of electronic devices, including channels, buses and the computer's internal clock. A one-megahertz clock (1 MHz) means some number of bits (16, 32, 64, etc. to 4 GHz, including both PCS (1) (Personal Communications Services) Refers to wireless services that emerged after the U.S. government auctioned commercial licenses in 1994 and 1995. This radio spectrum in the 1. and MMDS (Multichannel Multipoint Distribution Service or Microwave Multipoint Distribution Service) A digital wireless transmission system that works in the 2.2-2.4 GHz range. . The company has deployments with more than 50 operators in more than 40 countries. Airspan's systems are based on DS-CDMA DS-CDMA Direct Sequence Code Division Multiple Access technology that delivers wide area coverage, security and resistance to fading. Airspan's systems can be deployed rapidly and cost effectively, providing 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. More information on Airspan can be found at http://www.airspan.com This press release contains forward-looking statements relating to future events or future financial performance that involve risks and uncertainties. These statements are only predictions and actual results could differ materially from those anticipated in these statements based on those factors identified in the company's filings with the SEC. The words "believe", "expect", "intend", "anticipate", variations of such words and similar expressions identify forward-looking statements but their absence does not mean that the statement is not forward looking. Forward-looking statements in this press release include, without limitation, the statement that the company's executive leadership team is continually demonstrating how fixed wireless broadband solutions are working for customers in every part of the world. These statements are not guaranties of future performance and are subject to certain risks, uncertainties and assumptions that are difficult to predict. Readers are cautioned not to place undue reliance on these forward-looking statements that speak only as of the date of this announcement. |
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