Senior Telecommunications Executive Oliver M. Valente Joins ExteNet Systems as Executive...

Senior Telecommunications Executive Oliver M. Valente Joins ExteNet Systems as
Executive Vice President and Chief Operating Officer
- Company Taps Former Sprint Nextel Senior Vice President to Lead Charge of
Its DAS Network Market Expansion -

LISLE, Ill., May 20 /PRNewswire/ -- ExteNet Systems, Inc. today named
Oliver M. Valente, 39, a telecommunications industry leader, to the newly
created post of executive vice president and chief operating officer.
Valente most recently served as senior vice president, product management
and development of Sprint Nextel Corporation, where he was responsible for key
facets of the company's $13 billion wireless and wireline product and services
portfolio. In this capacity, he led all of Sprint's product development,
including Sprint Application Developers Program, enterprise program
management, product strategy, as well as the company's innovation efforts.
Valente has devoted his career to advancing the strategic direction of
wireless and wireline standards, issues and initiatives. He served as
president, treasurer and board member of the CDMA Development Group, and as
board member for the Alliance for Telecommunications Industry Solutions. He
is also the recipient of the CDMA Development Group's Industry Leadership
Award.
"Oliver has a rare combination of leadership and operational experience
with organizations ranging from start-ups to the Fortune 50," said Ross
Manire, ExteNet Systems president and chief executive officer. "With nearly
two decades in the industry, he is uniquely qualified to champion the large
and increasing number of business opportunities we have to build distributed
antenna systems (DAS) networks for our customers. His capabilities will help
us scale our business for growth."
Valente will have responsibility for network design, implementation
activities, network operations center and network maintenance programs. His
appointment represents a critical milestone for the company, as it becomes a
leading outdoor and in-building DAS network provider.
"As the wireless industry introduces new video and data services and
begins offering unlimited usage plans, the need to boost network coverage and
capacity accelerates," Mr. Valente noted. "ExteNet Systems' DAS networks just
make sense for the wireless providers -- they are easy to deploy, discrete and
give great coverage and capacity. I'm delighted to join the ExteNet Systems
team at such an exciting time in the evolution of the business."
Valente's employment with Sprint Nextel spanned 16 years, where he began
his career as a network engineer. Since that time, he served in several
executive leadership positions, including chief technology officer & vice
president of engineering and technology development. In that role, he was
responsible for leading a team of 1,500 who delivered all new and emerging
technologies for Sprint's integrated wireless and wireline network.
Valente received his MBA from the Keller Graduate School of Management,
and earned his BS in Electrical Engineering from the University of Illinois at
Urbana-Champaign.
About ExteNet Systems, Inc.
Founded in 2002 by veteran network infrastructure professionals from the
corporate, carrier, engineering and regulatory sectors, ExteNet Systems, Inc.
develops innovative distributed antenna systems (DAS) networks for wireless
service providers. The company designs, builds and operates DAS networks to
extend and expand wireless performance in outdoor locations where conventional
macro cell tower development is challenging. The company's In-Building
networks provide an economical solution to coverage problems in a wide range
of indoor environments, including offices and residential/mixed use buildings.
ExteNet Systems uses flexible DAS architectures that support all frequency
bands and technologies. Executive offices are located in suburban Chicago's
tech corridor. For more information visit http://www.extenetsystems.com or
email DAS@extenetsystems.com.
SOURCE ExteNet Systems, Inc.

Laura Altschul of ExteNet Systems, Inc., +1-630-505-3800,
laltschul@extenetsystems.com