BROADPOINT ANNOUNCES BRYAN OLIVIER AS CHIEF OPERATING OFFICER

HOUSTON (AUGUST 12, 2008) – Broadpoint, a full-service telecommunications and network solutions company, has announced Bryan Olivier as its chief operating officer. Bryan Olivier has more than 27 years of experience in management, engineering and network operations at leading companies in the telecommunications and energy industries. “Bryan’s experience gives him extensive technical expertise that will be invaluable to our company,” said Errol Olivier, president and CEO of Broadpoint. “His leadership will not only bring new products and services to Broadpoint’s customers, but also streamline our existing operations.” Along with other initiatives, Bryan Olivier will focus on expanding Broadpoint’s reliable, cost-effective wireless communication solutions, including its digital cellular infrastructure in the Gulf of Mexico. “There is tremendous growth potential for Broadpoint as customers demand greater connectivity for both professional and crew welfare applications,” said Bryan Olivier. “I see a lot of possibilities at Broadpoint, and I truly believe in our products and people—our future is bright.” Bryan Olivier, who most recently served as chief operating officer at CapRock Communications, Inc., began his career with a nine year tenure at Tenneco Oil E&P, where he was responsible for maintaining both domestic and international microwave and satellite systems. He has also served as chief technology officer of Clearwire, a national wireless broadband service provider, where he was responsible for overseeing operations, engineering and product development. Prior to Clearwire, Bryan Olivier served as executive vice president and chief operating officer at NovoLink Communications, an international VoIP service provider. In that capacity, he oversaw service delivery, engineering, software development and traffic management and long-term strategic planning. Bryan Olivier is also the author of The Evolution of VSAT Networks and received a master’s degree in business administration in finance and organizational behavior from the University of Houston and a bachelor’s degree in electrical engineering from the University of Louisiana at Lafayette. ABOUT BROADPOINT Broadpoint is a full service telecommunications and network solutions company offering the industry’s most flexible and complete range of cellular, satellite and 2-way radio communications, custom-engineered solutions and antenna and tower services. Broadpoint provides leading companies in the maritime, energy and government sectors with reliable connectivity to their remote assets around the world. The company is also a remote communication pioneer with extensive experience in the offshore industry. Broadpoint operates and maintains the first GSM/GPRS/Edge offshore wireless network, which covers more than 100,000 miles in the Gulf of Mexico. Broadpoint is owned by an affiliate of H.I.G. Capital, a leading private equity and venture capital investment firm with more than $5 billion of equity capital under management. For more information, please visit http://www.broadpointinc.com. Brittney Cochran Account Executive Pierpont Communications, Inc. (713) 627-2223 x1122 Fax (713) 627-2224 bcochran@piercom.com www.piercom.com Public Relations / Investor Relations / Public Affairs / Marketing