Airspan Networks Inc.

Eric D. Stonestrom joined Airspan as Executive Vice President and Chief Operating Officer in January 1998. In May 1998, he was named President and Chief Executive Officer, as well as a member of the Board of Directors. From 1995 to January 1998, Mr. Stonestrom was employed by DSC Communications Corporation, a provider of telecommunications equipment and services ("DSC"), as a Vice President of operating divisions, including the Airspan product line. From 1984 until 1995, Mr. Stonestrom worked at telecommunications corporations Bell Laboratories and AT&T in a variety of positions. He received B.S., M.S. and M. Eng. degrees in 1982, 1983 and 1984, respectively, from the College of Engineering at the University of California at Berkeley.

Declan Byrne joined Airspan in February, 2008 as Chief Marketing Officer. A proven leader with strong credentials in business development, sales and marketing, Declan Byrne has held successively senior executive positions at small and large corporations. After a decade of service as a US Diplomat abroad for the Foreign Service, Byrne joined AT&T in 2000, with global responsibility for developing and managing international and domestic alliances. Byrne was a key member managing the spin-off of AT&T Wireless from AT&T in one of the largest IPO’s of its time. Following the divestiture of AT&T Wireless’ broadband wireless (Angel) division, Byrne led business development and strategic sales at Netro Corporation and, subsequent to Netro’s merger with SR Telecom, he led Europe, Middle East and Africa sales and operations with a $55M order book. Declan brings deep sales, business development, channel management and revenue generation capabilities to the seasoned Airspan team. Byrne is a graduate of the University of San Francisco and is based in Airspan’s Headquarters in Boca Raton, Florida. He speaks French, Russian, German and Spanish.

Padraig Byrne joined Airspan in February 2008, as Senior Vice President and Chief Marketing Officer. Mr. Byrne served as Director of Business Development of AT&T from April 2000 to February 2002, with global responsibility for developing and managing international and domestic alliance efforts. In addition, Mr. Byrne played a significant role in the spin off of AT&T Wireless from AT&T. Following AT&T Wireless' divestiture of its broadband wireless division, Mr. Byrne served as the Director of Strategic Sales of Netro Corporation, a telecommunications company, from February 2002 to July 2003, where he was in charge of business development and strategic sales. Subsequent to Netro's merger with SR Telecom, a Canadian broadband wireless company, Mr. Byrne was the Vice President of SR Telecom from July 2003 to November 2006 and was in charge of Europe, Middle East and Africa sales. From February 2007 until joining the Company, Mr. Byrne served as the Vice President of Sales and Marketing of PureWave Networks, Inc., an advanced antenna beamforming technology company in Silicon Valley. Mr. Byrne brings extensive sales, business development, strategy, channel management and revenue generation experience to the Company. Mr. Byrne spent ten years as a United States diplomat working abroad for the United States Foreign Service and holds a B.A. from the University of San Francisco.

Paul Senior joined the Airspan in January of 1998 and has served as Head of Airspan’s Radio Planning Team, Director of Customer Services, Senior Director of Operations and Sales, Asia Pacific, as Vice President, Marketing and Product Management and since May 2007 as Airspan’s Senior Vice President and Chief Technology Officer. Mr. Senior is an industry veteran, with over 22 years experience in the radio telecommunication industry. Mr. Senior started his career at GEC Telecoms and worked in research at Plessey Research, Nortel’s BNR, Alcatel and DSC Communications. In late 2002, Mr. Senior participated in the creation of today’s WiMAX Forum®, alongside other industry visionaries. Paul is very active within the WiMAX Forum® and is one of its most vocal evangelists. Paul is a Charter Board member of the WiMAX Forum®.

Uzi Shalev is Chief Operating Officer of Airspan Israel and is responsible for research and development and the supply chain for all Airspan’s products. Mr. Shalev joined Marconi in January 2001 as Vice President of Engineering and was appointed as VP & General Manager of Airspan Israel at the acquisition in 2002. Prior to joining the company, he served as Senior VP Engineering with RADVision, developing Voice and Video over IP products. From 1985 until 1993, Mr. Shalev worked in various projects in the Israel Aircraft Industries. He has 23 years of experience in telecommunications, wireless products, in managerial and technical roles. Mr. Shalev holds a BSc. degree in Mathematics and Computer science from the Hebrew University of Jerusalem.

Jeremy Rowe is Vice President, Engineering, responsible for the Airspan's UK product development. Jeremy has been a member of the Airspan team for eight years, and prior to his current role, was responsible for directing the Marketing and Product Management teams. Mr Rowe has extensive experience in Access Networks in general and with Wireless Access technology specifically. Over the past 23 years, he has worked in a variety of environments, including research and development for fibre optics and telecommunications systems at STL, access product planning at Fujitsu, technology and management planning with PA Consulting Group, and at DSC Communications. His particular areas of technical and commercial interest have been xDSL, PONs and wireless local loop technologies. Mr Rowe is an active member of various ETSI and international standardization groups and frequently appears as a speaker and chairman of conferences on Access Networks and Wireless Access systems. He has a degree from Cambridge University.

Niall Porter is Vice President Operations, Airspan Networks Inc. Before joining Airspan in 2003, Mr. Porter held positions at Nortel Networks in Ireland, England and the United States in Manufacturing Operations, Supply Chain Management and Project Management functions. He has over 14 years experience in operations management positions within the telecommunications industry. He holds a bachelor of technology degree from the University of Limerick, Ireland.

Matthew J. Desch became Chairman of the Board of Directors of Airspan on July 1, 2000. Since September 2006, Mr. Desch has served as Chairman and Chief Executive Officer of Iridium Satellite LLC, a global supplier of mobile satellite communications services. Prior to joining Iridium, Mr. Desch served as the Chief Executive Officer of Telcordia Technologies, a private communications software and services supplier from July 2002 until October 2005. He is currently a member of the board of directors of Starent Networks. From 1987 through May 2000, Mr. Desch served in a variety of management positions with Nortel Networks, a global supplier of networking solutions and services. From 1996 through 2000, he served as Executive Vice President and President of Nortel's Wireless Networks division, responsible for Nortel's global wireless infrastructure business. Mr. Desch has a B.S. from Ohio State University and an M.B.A. from the University of Chicago.

Bandel L. Carano joined Oak as a General Partner in 1985. Bandel has invested in companies with emphasis on design automation (Centric Software, Interconnectix, Parametric, Synopsys and Tensilica); telecommunications (2Wire, Airspan, Avici, CommVerge, CoreTek, Endwave, FiberTower, General Bandwidth, Metawave, NeoPhotonics, Netopia, PictureTel, Polycom, PulsePoint, Qtera, ReliOn, Sentient Networks, Tegic, Trapeze, Wellfleet and WFI); software (Entropic, firstRain, Illustra/Informix, Sybase, Tele Atlas and Visto); and advanced semiconductors (Actel, Airgo, CommQuest, Kenet, Level 5, NemeriX, Newport Media, nLight, Plastic Logic, Resonext, SMIC, Solarflare, Stretch, Synaptics and Virata). Prior to Oak, Bandel worked with Morgan Stanley's Venture Capital Group. He was responsible for advising Morgan Stanley on high-tech new business development, as well as sponsoring venture investments. Bandel received BS and MS degrees in Electrical Engineering from Stanford University. He currently serves on the Investment Advisory Board of the Stanford Engineering Venture Fund

David A. Twyver joined the Board of Directors of Airspan in May 1999. Mr. Twyver served as the President and Chief Executive Officer of Ensemble Communications Inc., a supplier of LMDS wireless equipment, from January 2000 until September, 2002. From 1996 to 1997, Mr. Twyver served as Chief Executive Officer of Teledesic Corporation, a satellite telecommunications company. From 1974 to 1996, Mr. Twyver served in several management positions at Nortel Networks Limited, a leading global supplier of data and telephone network solutions and services, most recently as president of Nortel Wireless Networks from 1993 to 1996. Mr. Twyver served as a director of Metawave Communications, Inc, a manufacturer of cellular infrastructure equipment, from March 1998 until February 2003 and as a member of Metawave Communications, Inc.’s Audit Committee from June 2000 until February 2003. Mr. Twyver also served as Chairman of the Board of Directors of Ensemble from January 2002 until December 2003 and as a director until April 2004. He received his B.S. in Mathematics and Physics from the University of Saskatchewan.

Frederick R. Fromm joined the Airspan Board of Directors in June 2006. Mr. Fromm has served for more than 30 years in the telecommunications industry, where he has held a variety of senior executive positions with a broad range of companies. Since January 2006, Mr. Fromm has served as the Chairman of the Board and Chief Executive Officer of nexVortex, Inc., a privately-held business-grade VoIP services provider. From July 2004 until September 2005, Mr. Fromm served as the President and Chief Executive Officer and as a director of Mobeon AB, a Swedish based telecom software manufacturer and supplier of specialized messaging software components to tier-one telecom network equipment vendors. From May 2003 to February 2004, Mr. Fromm was President and Chief Executive Officer and a director of Gluon Networks, Inc., a private telecommunications equipment company. From July 2000 to October 2001, he was President, and from November 2001 to October 2002 he was also a director and Chief Executive Officer of Oplink Communications, Inc., an optical components company that completed its initial public offering during Mr. Fromm’s tenure with the Company. Between June 2001 and July 2006, Mr. Fromm served as a director of Wave Wireless Corporation, a public wireless telecom equipment company. Mr. Fromm received B.S. and M.S. degrees in Engineering from the University of Wisconsin-Milwaukee and an M.B.A. from Florida Atlantic University.

Guillermo Heredia joined the Board of Directors of Airspan in January 2001. Since September 2005, Mr. Heredia has served as President and CEO of AeroLineas MesoAmericanas, a new low cost airline carrier operating within Mexico. From 1999 to 2005, Mr. Heredia served as the managing partner of Consultores en Inversiones Aeronauticas, a provider of consulting services to airline operators and investors. Mr. Heredia has served in the senior management of three major Mexican corporations: as President and Chief Operating Officer of Aeromexico from 1989 to 1992, as President and Chief Operating Officer of Grupo Iusacell, Mexico’s number two wireless carrier from 1992 to 1994, and as President and Chief Executive Officer of Previnter, a joint venture of AIG, Bank Boston and Bank of Nova Scotia from 1995 to 1999. Mr. Heredia currently serves as a member of the board of directors for W.L. Comunicaciones, a private telecommunications company involved in developing a wide band fiber optic network in Mexico City and throughout Mexico and for Jalisco Tequilana Internacional, a private distiller and distributor of Tequila. Mr. Heredia holds a degree in Mechanical Engineering from the Universidad de las Americas and in Business Administration from Universidad Iberoamericana.

Julianne M. Biagini has served as a director of Airspan since August 2006. Ms. Biagini has been employed by Crossbow Technology, Inc. since February 2008, as their Chief Financial Officer. Crossbow is a private company focused on the wireless sensor industry. From 1994 through 2007, she served in a number of executive positions at Endwave Corporation, a supplier of RF subsystems for millimeterwave, broadband wireless access systems. During her tenure, Ms. Biagini also served for five years as Chief Financial Officer of Endwave from May 2001 through April 2006. From 1992 until 1994, Ms. Biagini was the manager of Accounting and Tax at Exponent, Inc., an engineering and scientific consulting firm. Prior to 1992, Ms. Biagini worked at KPMG as a tax specialist. Ms. Biagini is a Certified Public Accountant with a B.S. in business administration from San Jose State University and an M.B.A. from Santa Clara University.

In 1997 Tom formed SeaPoint Ventures which invests in early stage communications companies in the wireless, broadband and network transactional infrastructure sectors. He is currently a managing director at SeaPoint and serves as a member of SinglePoints board of directors. Prior to forming SeaPoint Ventures, Tom co-founded and was the first CEO of Metawave Communications Corporation, a manufacturer of cellular infrastructure equipment. Before Metawave, he was the first president and CEO of Innova Corporation, a manufacturer of digital millimeter wave radios. Tom spent the first seventeen years of his career at Raychem Corporation where he held a variety of executive positions in Europe, South America and the U.S. His last position at Raychem was Group Vice President of the Industrial Products Group. After a successful career as an executive, building international operations for a multi-billion dollar corporation, Tom continued his company building, leadership role as an entrepreneur, which included CEO positions in two wireless infrastructure companies. Tom is well known for his strategic insights and successful approach to business challenges. Tom's experience building companies and investing in technology gives him an unparalleled perspective. His knowledge is frequently sought as a board member, advisor and industry expert.