SAN JOSE, Calif., March 27, 2012 (GLOBE NEWSWIRE) -- Ubiquiti Networks,
Inc. (Nasdaq:UBNT), a next-generation communications technology company
announced AirFiber, a revolutionary outdoor wireless backhaul radio
platform.

AirFiber represents Ubiquiti's first proprietary in-house radio design
effort that was purpose-built for the Wireless ISP Industry. It
operates in the license-free 24GHz band, ultra low-latency 1.4Gbps
throughput performance with a disruptive price point make it a key
building block for the next-generation outdoor wireless broadband
networks. As the name implies, it provides optical fiber network
performance without the significant capital costs associated with fiber
cable network deployment. The AirFiber radio uses an innovative dual
antenna design which enables Frequency Division Duplex, Time Division
Duplex, and Ubiquiti's patent-pending Hybrid Division Duplex modes of
operation.

"Ubiquiti has always focused on building platforms that disrupt markets
not only in pricing, but also in performance. AirFiber is an important
step in Ubiquiti's pursuit of being further recognized as a technology
leader." said Robert J. Pera, Founder and Chief Executive Officer of
Ubiquiti Networks.

AirFiber Availability and Pricing

The company is currently accepting pre-orders for AirFiber with
customer shipments anticipated in the June quarter of this year.
AirFiber is disruptively priced at $2995 per link.

About Ubiquiti Networks

Ubiquiti Networks is a next-generation communications technology
company that designs and manufactures proprietary technologies. Since
2005, Ubiquiti's products and solutions have bridged the digital divide
between emerging and developed markets by fundamentally changing the
economics of deploying high performance networking solutions in
underserved and underpenetrated markets globally. Our technology
platforms AirMax, UniFi, AirVision and AirFiber, focus on delivering
industry-leading performance, compelling price-performing
characteristics and an unparalleled user experience. Ubiquiti has
reduced high product and network deployment costs and other business
model inefficiencies to enable rapid market adoption of their products
and solutions in emerging markets. For more information visit
http://www.ubnt.com/

The Ubiquiti Networks, Inc. logo is available at
http://www.globenewswire.com/newsroom/prs/?pkgid=10852

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CONTACT: John Ritchie
         Chief Financial Officer
         Ubiquiti Networks
         408.942.3085 ext 329