Press Release

ExteNet Systems' New Lisle, Illinois Headquarters to Accommodate Expansion
Explosive Use of Voice, Data and Video Driving the Company's Growth and Need for Larger Facility

LISLE, Illinois – June 11, 2008—ExteNet Systems, Inc. announced that it has relocated to a new office park in suburban Chicago’s I-88 High Tech Corridor. ExteNet Systems designs and builds distributed antenna systems (DAS) networks for wireless service providers.

"After careful review, Lisle was chosen as the ideal location for our new headquarters,” said Ross Manire, ExteNet Systems president and chief executive officer. Manire added, "Lisle met the attributes most important to us, including our ability to attract highly-qualified engineering, sales and technical services professionals from the greater Chicago area."

The new headquarters, located at 3030 Warrenville Road, is home to engineering, sales, management and the company’s Network Operations Center. ExteNet Systems’ workforce has doubled in size during the past year, and is expected to continue growing due to customer demand. The company recently secured an additional $27.5 million of equity and debt financing. These funds will be used to support the acceleration of the company’s growth as it builds a substantial number of new networks across the country.