Glass Lewis Recommends Leap Stockholders Vote "FOR" Leap's Board Nominees and Proposals

Leap Wireless International, Inc. LEAP announced that Glass, Lewis & Co. LLC, a leading independent proxy advisory firm, recommends that stockholders vote in favor of all of Leap's nominees at the Company's July 28th Annual Meeting of Stockholders, and not in favor of nominees proposed by Pentwater Capital Management. Leap believes that Pentwater is an opportunistic investor with no long-term commitment to the Company and that Pentwater has failed to articulate any specific plan for Leap's business that the Company is not already pursuing.