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<p class=MsoNormal><font size=2 color=navy face=Arial><span style='font-size:
10.0pt;font-family:Arial;color:navy'>Wow, did you read who will be on their
board?<o:p></o:p></span></font></p>
<p><font size=2 color=navy face=Arial><span style='font-size:10.0pt;font-family:
Arial;color:navy'>“</span></font><strong><b><font face="Times New Roman">Company
Management and Board of Directors</font></b></strong> <o:p></o:p></p>
<p><font size=3 face="Times New Roman"><span style='font-size:12.0pt'>Benjamin
G. Wolff will continue to serve as Clearwire’s chief executive officer,
and Perry Satterlee continues as the company’s chief operating officer.
Sprint’s two most senior WiMAX leaders have joined Clearwire’s
management team. Barry West, who served as Sprint’s chief technology
officer and XOHM business unit leader, is now president and chief architect of
Clearwire, and Atish Gude, formerly senior vice president of Sprint’s
XOHM mobile broadband operations, is now senior vice president and chief
marketing officer of Clearwire. <o:p></o:p></span></font></p>
<p><font size=3 face="Times New Roman"><span style='font-size:12.0pt'>Clearwire’s
Board of Directors will initially have eight members. Clearwire founder and
wireless pioneer, Craig McCaw, is non-executive chairman of the board. Along
with McCaw, other directors are Dan Hesse, Sprint's chief executive officer;
Keith Cowan, Sprint’s president, strategy and corporate development; John
Stanton, chairman and chief executive officer of Trilogy Equity Partners and
former chairman and chief executive officer of VoiceStream and Western
Wireless; Sean Maloney, executive vice president, chief sales and marketing
officer of Intel; Frank Ianna, former president of network services for
AT&T; Jose A. Collazo, former head of BT Global Services and former chairman,
president and chief executive officer of Infonet Services Corporation; and
Dennis Hersch, former global chairman of mergers and acquisitions for JP
Morgan. An additional five seats on the board are expected to be filled in the
coming weeks. <o:p></o:p></span></font></p>
<p class=MsoNormal><font size=2 color=navy face=Arial><span style='font-size:
10.0pt;font-family:Arial;color:navy'><o:p> </o:p></span></font></p>
<p class=MsoNormal><font size=2 color=navy face=Arial><span style='font-size:
10.0pt;font-family:Arial;color:navy'><o:p> </o:p></span></font></p>
<div>
<p class=MsoNormal><strong><b><font size=2 color=navy face=Arial><span
style='font-size:11.0pt;font-family:Arial;color:navy'>Bill</span></font><font
color=navy><span style='color:navy'> </span></font></b></strong><o:p></o:p></p>
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<p class=MsoNormal><font size=3 face="Times New Roman"><span style='font-size:
12.0pt'><o:p> </o:p></span></font></p>
<p class=MsoNormal><font size=2 face=Arial><span style='font-size:10.0pt;
font-family:Arial'>Some schools in <st1:place w:st="on"><st1:State w:st="on">Oklahoma</st1:State></st1:place>
have leases with Clearwire, some with Sprint. Now, those will all be with
Clearwire! My guess is that the union will be greater than the sum of the two.<o:p></o:p></span></font></p>
<p class=MsoNormal><font size=2 face=Arial><span style='font-size:10.0pt;
font-family:Arial'><o:p> </o:p></span></font></p>
<p class=MsoNormal><font size=2 face=Arial><span style='font-size:10.0pt;
font-family:Arial'>Bill<o:p></o:p></span></font></p>
<p class=MsoNormal><font size=2 face=Arial><span style='font-size:10.0pt;
font-family:Arial'><o:p> </o:p></span></font></p>
<p class=MsoNormal><font size=2 face=Arial><span style='font-size:10.0pt;
font-family:Arial'>----------------------------------------<o:p></o:p></span></font></p>
<p class=MsoNormal><font size=2 face=Arial><span style='font-size:10.0pt;
font-family:Arial'><o:p> </o:p></span></font></p>
<p class=MsoNormal><font size=2 face=Arial><span style='font-size:10.0pt;
font-family:Arial'><a
href="http://newsroom.clearwire.com/phoenix.zhtml?c=214419&p=irol-newsArticle&ID=1231029&highlight">http://newsroom.clearwire.com/phoenix.zhtml?c=214419&p=irol-newsArticle&ID=1231029&highlight</a>=<o:p></o:p></span></font></p>
<p class=MsoNormal><font size=2 face=Arial><span style='font-size:10.0pt;
font-family:Arial'><o:p> </o:p></span></font></p>
<p class=MsoNormal><span class=ccbnttl><font size=3 face="Times New Roman"><span
style='font-size:12.0pt'>Clearwire Completes Transaction With Sprint Nextel and
$3.2 Billion Investment to Launch 4G Mobile Internet Company</span></font></span><span
class=ccbntxt><o:p></o:p></span></p>
<p><st1:place w:st="on"><st1:City w:st="on"><font size=3 face="Times New Roman"><span
style='font-size:12.0pt'>KIRKLAND</span></font></st1:City>, <st1:State w:st="on">Wash.--</st1:State></st1:place>(BUSINESS
WIRE)--Clearwire Corporation (NASDAQ:CLWRD for the first 20 trading days and
CLWR thereafter) today announced that it has completed the transaction with
Sprint Nextel Corporation (NYSE:S - News) to combine their next-generation
wireless Internet businesses. The new company retains the Clearwire name and
expects to build the first nationwide 4G mobile broadband network focused on
meeting the evolving needs and demands for Internet-based communications
services. In addition, Clearwire has received a $3.2 billion investment from
Comcast, Intel, Time Warner Cable, Google and Bright House Networks. The
transaction with Sprint and the new cash investment were completed on the terms
originally announced on May 7, 2008.<o:p></o:p></p>
<p class=MsoNormal><font size=2 face=Arial><span style='font-size:10.0pt;
font-family:Arial'>-------------------------------------------<o:p></o:p></span></font></p>
<p class=MsoNormal><font size=2 face=Arial><span style='font-size:10.0pt;
font-family:Arial'><o:p> </o:p></span></font></p>
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<p class=MsoNormal><b><font size=2 color=navy face=Arial><span
style='font-size:11.0pt;font-family:Arial;color:navy;font-weight:bold'>Bill <ST1:PLACENAME w:st="on">Johnson</ST1:PLACENAME><o:p></o:p></span></font></b></p>
<p class=MsoNormal><font size=2 color=navy face=Arial><span style='font-size:
11.0pt;font-family:Arial;color:navy'><br>
<ST1:PLACENAME w:st="on"><st1:place w:st="on"><st1:PlaceName w:st="on">Oklahoma</ST1:PLACENAME></st1:PlaceName>
<ST1:PLACETYPE w:st="on"><st1:PlaceType w:st="on">State</ST1:PLACETYPE></st1:PlaceType></st1:place>
Regents for Higher Education <o:p></o:p></span></font></p>
<p class=MsoNormal><font size=2 color=navy face=Arial><span style='font-size:
11.0pt;font-family:Arial;color:navy'>Director of Network Operations - OneNet<br>
Director - Netrad Infrastructure for CASA</span></font><o:p></o:p></p>
<p class=MsoNormal><font size=2 color=navy face=Arial><span style='font-size:
11.0pt;font-family:Arial;color:navy'>405.225.9444<br>
cell 405.919.1718<br>
video 164.58.250.185<br>
<br>
"Vita
Abundantior"<o:p></o:p></span></font></p>
<p class=MsoNormal><font size=3 color=navy face="Times New Roman"><span
style='font-size:12.0pt;color:navy'><o:p> </o:p></span></font></p>
<p class=MsoNormal><font size=3 face="Times New Roman"><span style='font-size:
12.0pt'> <o:p></o:p></span></font></p>
<p class=MsoNormal><font size=3 face="Times New Roman"><span style='font-size:
12.0pt'><o:p> </o:p></span></font></p>
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