Press Release

$128.4 Million Investment Strengthens ExteNet Systems’ Distributed Network Architecture Business Plan
SSP Offshore LLC, SBA Communications Corporation (Nasdaq: SBAC) and Five Existing Investors Support Company Expansion and Growth Strategies with Cash Investments and Assets

LISLE, Illinois – January 25, 2010 – ExteNet Systems, Inc., announced the closing of a new round of equity financing with SSP Offshore LLC, an affiliate of Soros Fund Management LLC ("SSP"), SBA Communications Corporation (“SBA”), as well as all five of the company’s existing institutional investors. With participation from Centennial Ventures, Columbia Capital, Sevin Rosen Funds, CenterPoint Ventures and Palomar Ventures, the investment in this round of financing totals $128.4 million.

The transaction included the transfer of SBA’s distributed antenna systems subsidiary business, SBA DAS Holdings, LLC, with operations principally located in the metropolitan areas of the northeastern United States. The additional financial and operational resources will support ExteNet’s continued development of infrastructure for wireless service providers.

“The wireless industry is facing tremendous customer demand for new wireless services including expanded data, text, video, and voice applications. All of these demands are creating strains on the wireless service providers’ networks,” said ExteNet’s Chairman and Chief Executive Officer Ross Manire. “This investment and the assets from SBA will allow us to significantly grow our business in a manner that supports wireless companies’ development of more robust and efficient networks.”

“Since we first entered the DAS business in the fall of 2008, we have been seeking to materially increase our investment and capabilities in DAS,” commented Jeffrey A. Stoops, SBA’s President and CEO. “Today we have accomplished that with our investment in ExteNet. We have had the pleasure of knowing and admiring Ross Manire and his team for years. ExteNet is a best in class DAS provider, with superior capabilities, technology, experience and project success. SBA will work closely with ExteNet to provide comprehensive customer solutions, and our goal is to provide increased investment to ExteNet over time as required.”

Customer usage trends point to continued strong demand for expanded network capabilities. According to Juniper Research, mobile data application downloads will hit 20 billion per year by 2014. Pyramid Research expects mobile data revenue to double again to $300 billion by 2012. According to a senior wireless industry executive recently interviewed by the Chicago Tribune, “Networks have to accommodate not just more smart phones, but also an expected innovation wave that's going to happen with netbooks, e-readers and other Web-connected devices.”

SSP, which led this round of financing, focuses on capital-intensive start-ups, buyouts, and growth equity transactions, and seeks to acquire world-class assets that can generate strong and growing cash flows.

In connection with the transaction, David K. Wassong, managing director, and Waldemar Szlezak, principal, both in the Private Equity Group at Soros Fund Management LLC, have joined ExteNet’s Board of Directors.

Citigroup acted as ExteNet’s sole placement agent and financial advisor for the transaction.