Airspan Networks Selected by Titan to Provide High-Speed Internet Access Internationally; Airspan's Wireless DSL Platform Adopted by Titan Wireless for Its Expansion Plans.Business/High Tech Editors SUNRISE, Fla.--(BUSINESS WIRE)--Nov. 29, 2000 Airspan Networks, Inc. (Nasdaq:AIRN), a leading provider of 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 equipment, today announced that Titan Wireless, Inc., a wholly-owned subsidiary of The Titan Corporation (NYSE NYSE See: New York Stock Exchange :TTN TTN Technology Transfer Network TTN Titin TTN Transient Tachypnea of the Newborn TTN Technology Transfer Node TTN Trenton, NJ, USA - Mercer County (Airport Code) TTN Total Traffic Network ), has selected Airspan's wireless DSL systems for use in selected emerging markets around the world. In June 2000, Titan Wireless acquired a majority interest in Ivoire Telecom, a provider of voice and data transmission services to the corporate market in several West African countries through Ivoire Telecom's local Afripa subsidiary companies. Airspan will be deploying its wireless DSL systems for Ivoire's customers in three West African countries. "Titan Wireless is aggressively expanding its global footprint and we needed a technology partner that can enable us to deploy a high-speed data network rapidly, while complementing our existing communications systems and services," said Gene Ray, President, Chairman, 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 The Titan Corporation. "We recognized Airspan's proven performance, and we are looking forward to providing our subscribers with a quantum leap for data capacity through this agreement." "Titan is an excellent partner for Airspan because of its strong orientation on providing high-speed Internet access in conjunction with its voice services. The product fit is outstanding for our wireless DSL platform," said Eric Stonestrom, President and CEO of Airspan. About Titan Headquartered in San Diego, California “San Diego” redirects here. For other uses, see San Diego (disambiguation). San Diego is a coastal Southern California city located in the southwestern corner of the continental United States. As of 2006, the city has a population of 1,256,951. , The Titan Corporation creates, builds, and launches technology-based businesses, offering innovative technical solutions. Three of Titan's four core businesses develop and deploy communications and information technology solutions and services. In addition, Titan markets the leading technology for the electronic pasteurization pasteurization (păs'ch  rĭzā`shən, -rīzā`shən), partial sterilization of liquids such as milk, orange juice, wine, and beer, as well as cheese, to destroy of food products and is continually identifying promising technologies suitable for commercialization. The company has 7,600 employees, annualized annualizedOf or relating to a variable that has been mathematically converted to a yearly rate. Inflation and interest rates are generally annualized since it is on this basis that these two variables are ordinarily stated and compared. sales of approximately $1 billion and total backlog in excess of $2.2 billion. About Airspan Networks Airspan (http://www.airspan.com) provides wireless DSL systems and solutions to communications service providers around the world with licenses in frequency bands between 900 MHz to 4.0 GHZ, including both PCS 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 40 communications service providers in more than 30 countries. Airspan's systems are based on DS-CDMA DS-CDMA Direct Sequence Code Division Multiple Access technology that provides 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. |
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