NextG Networks Files Registration Statement for Initial Public Offering of Common...

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Fri Jun 6, 2008 8:05am EDT

NextG Networks Files Registration Statement for Initial Public Offering of Common Stock

SAN JOSE, Calif.--(Business Wire)--
NextG Networks, Inc. today announced that it has filed a
registration statement with the Securities and Exchange Commission for
a proposed initial public offering of its common stock. NextG is a
leading provider of distributed-antenna-systems, which utilize
public-right-of-way structures, such as utility poles and lamp posts,
to enhance network coverage, capacity, and performance for wireless
carriers in the United States. The number of shares to be offered and
the price range for the offering have not yet been determined.

   Merrill Lynch & Co. is acting as sole book-running manager. Lehman
Brothers is acting as joint lead manager. RBC Capital Markets and UBS
Investment Bank are acting as co-managers. A copy of the prospectus
relating to these securities, when available, may be obtained by
contacting Merrill Lynch, Pierce, Fenner & Smith Incorporated,
Attention: Prospectus Department, 4 World Financial Center, 5th Floor,
New York, NY 10080, telephone +1 212 449 1000.

   A registration statement relating to these securities has been
filed with the Securities and Exchange Commission but has not yet
become effective. These securities may not be sold nor may offers to
buy be accepted prior to the time that the registration statement
becomes effective.

   This press release shall not constitute an offer to sell or the
solicitation of an offer to buy, nor shall there be any sale of these
securities in any state or jurisdiction in which such offer,
solicitation, or sale would be unlawful prior to registration or
qualification under the securities laws of any such state or
jurisdiction.

NextG Networks, Inc.
Hab Siam, General Counsel, 408-954-1580 Ext. 154
hsiam@nextgnetworks.net

Copyright Business Wire 2008
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