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Leap's Cricket(R) Service Unveils Samsung SCH-u340 for Its Customers

Versatile New Phone Offers VGA Digital Camera and Personal Planner; Lets Customers Easily Tap Into Cricket's Array of Wireless Voice and Data Services

SAN DIEGO--(BUSINESS WIRE)--Aug. 20, 2007--Leap Wireless International, Inc. (NASDAQ:LEAP), a leading provider of innovative and value-driven wireless communications services and Samsung Telecommunications America (Samsung), a leading provider of mobile phones and telecom systems, today announced the availability of the Samsung u340, a versatile clamshell phone for Cricket customers.

Ideal for popular services such as Mobile Web and Cricket Games & Apps, the u340 features SMS/MMS capabilities, a VGA digital camera, high-resolution internal and external displays and personal planning tools, including a calendar, to-do list and an alarm clock. The u340 comes in Jaguar Blue.

"The Samsung u340's exceptional versatility will make it attractive to our customers," said Al Moschner, Leap's executive vice president, sales and marketing operations. "The phone's easy text messaging interface and loud, clear speakerphone make it ideal for Cricket's unlimited voice and data services and our affordable flat-rate plans."

The u340 is compatible with Cricket's nationwide roaming service, and with Mobile WEB Browser access; users can email/chat with their friends and family and can browse for their favorite entertainment, sports, news, and weather. Also, with Mobile WEB Storefront, users can personalize their phone with a large selection of ringtones and graphics. Cricket customers can also get their favorite games with Cricket Games & Apps directly over the air. In addition to the planner, productivity tools include a calculator, stopwatch, tip calculator, countdown timer, and voice memos.

The Samsung u340 is available at select Cricket retail stores and Cricket dealers immediately for $149.99. With Cricket's unlimited calling plans, no signed contracts, and no credit checks, the Samsung u340 is the perfect complement to the service. A complete line of accessories is also available for the u340. For more information, please visit a local Cricket retail location, or online visit www.mycricket.com or www.samsungmobileusa.com.

About Samsung Telecommunications America

Samsung Telecommunications America, LLC, a Dallas-based subsidiary of Samsung Electronics Co., Ltd., researches, develops and markets wireless handsets and telecommunications products throughout North America. For more information, please visit www.samsungwireless.com.

About Samsung Electronics

Samsung Electronics Co., Ltd. is a global leader in semiconductor, telecommunication, digital media and digital convergence technologies with 2006 parent company sales of US$63.4 billion and net income of US$8.5 billion. Employing approximately 138,000 people in over 124 offices in 56 countries, the company consists of five main business units: Digital Media Business, LCD Business, Semiconductor Business, Telecommunication Network Business and Digital Appliance Business. Recognized as one of the fastest growing global brands, Samsung Electronics is a leading producer of digital TVs, memory chips, mobile phones and TFT-LCDs.

For more information, please visit www.samsung.com

About Leap

Leap provides innovative, high-value wireless services to a fast-growing, young and ethnically diverse customer base. With the value of unlimited wireless services as the foundation of its business, Leap pioneered both the Cricket(R) and Jump(TM) Mobile services. The Company and its joint ventures now operate in 23 states and hold licenses in 35 of the top 50 U.S. markets. Through its affordable, flat-rate service plans, Cricket offers customers a choice of unlimited voice, text, data and mobile Web services. Jump Mobile is a unique prepaid wireless service designed for the mobile-dependent, urban youth market. Headquartered in San Diego, Calif., Leap is traded on the NASDAQ Global Select Market under the ticker symbol "LEAP." For more information, please visit www.leapwireless.com.

CONTACT: Leap contacts:
Greg Lund, Media Relations
858-882-9105
glund@leapwireless.com
Jeanie Herbert, Investor Relations
858-882-6084
jherbert@leapwireless.com
or
Bock Communications, Inc.
Jessica Levy, Media Relations
714-292-2990
leap@bockpr.com
or
Samsung contact:
MWW Group for Samsung
Ashley Lane
972-301-5407
alane@mww.com

SOURCE: Leap Wireless International, Inc.