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ExteNet Systems Expands Its Presence in Key Markets by Acquiring DAS Assets from SBA Communications



  ExteNet Systems Expands Its Presence in Key Markets by Acquiring DAS Assets
  from SBA Communications

  DAS Networks in Manhattan, Chicago, Auburn and Las Vegas Augment ExteNet’s
                               Growth Strategy

Business Wire

LISLE, Ill. -- October 25, 2012

ExteNet Systems, Inc., a leader and innovator in the implementation and
operation of distributed networks, today announced the purchase of multiple
Distributed Antenna System (DAS) assets from SBA Communications Corporation
(NASDAQ: SBAC), an investor in the company.

These DAS networks, which SBA Communications acquired in April 2012 from
Mobilitie, LLC, include extensive outdoor DAS networks in Manhattan and
Chicago, marquee indoor DAS networks in Las Vegas, and a DAS network at Auburn
University.

Ross W. Manire, President and CEO of ExteNet Systems stated, “We are thrilled
to add these distributed networks to our portfolio, extending ExteNet’s
footprint throughout North America. This is a significant milestone in our
effort to bring new distributed networks and innovative solutions to our
customers.”

“We are pleased to conclude this transaction with ExteNet, and believe this
addition will further increase the scale and capabilities of the company,”
said Jeffrey A. Stoops, President and CEO of SBA. “As a significant investor
in ExteNet, we are committed to help the company grow its core competency in
the ownership of DAS and in-building infrastructure, and we are excited to
continue to support ExteNet in what we believe is a fast-growing segment of
the wireless network ecosystem.”

The acquisition of outdoor and indoor networks from SBA Communications is
integral to ExteNet’s strategy of building a portfolio of reliable and
scalable distributed networks in locations that are especially important for
the leading North American wireless carriers as they seek to provide superior
wireless service for their customers.

ExteNet Systems financed the acquisition in part with a credit facility from a
group of lenders including Barclays Private Credit Partners Fund, LP, advised
by Barclays Private Credit Partners LLC, and Suntrust Robinson Humphrey, Inc.
Reed Smith LLP acted as legal counsel to ExteNet Systems.

About ExteNet Systems

Lisle, IL-based ExteNet Systems, Inc. designs, builds, owns and operates
distributed networks in key strategic markets for use by wireless carriers and
venue owners. Using distributed antenna systems (DAS), small cell and other
technologies, ExteNet networks enhance coverage and capacity and enable
superior wireless service in both outdoor and indoor environments. Primary
markets addressed by ExteNet include outdoor distributed networks for use by
wireless carriers, and a host of indoor verticals, including sports and
entertainment venues, commercial real estate, healthcare, higher education,
hospitality and government agencies. For more information, visit
www.extenetsystems.com.

“ExteNet” is a registered trademark of ExteNet Systems, Inc.

About SBA Communications Corporation

SBA Communications Corporation is a first choice provider and leading owner
and operator of wireless communications infrastructure in North and Central
America. By “Building Better Wireless,” SBA generates revenue from two primary
businesses - site leasing and site development services. The primary focus of
the Company is the leasing of antenna space on its multi-tenant towers to a
variety of wireless service providers under long-term lease contracts. For
more information please visit: www.sbasite.com.

Contact:

ExteNet Systems
Media Inquiries:
Cheryl Isen, +1 425-222-0779
cheryl@isenandcompany.com
or
Analyst Inquiries:
Manish Matta, Director, Marketing, +1 630-505-3846
mmatta@extenetsystems.com
or
SBA Communications
Media Relations
Lynne Hopkins, 561-226-9431
or
Capital Markets
Mark DeRussy, 561-226-9531
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