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cloudhosting14 wrote: As you would already know that managed hosting itself is another form of Cloud hosting in which the system administrations of servers is looked upon by the CPs. Similar is the case with managed multi Cloud hosting. You can very well understand how a big burden it would be to manage multi cloud servers for organization; this is why a service known as managed multi Cloud is provided to these users. This service ensures them the seam less running of their system administrative operations while organizations focus more on t...
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Leap Reports Granting of Inducement Awards

SAN DIEGO, Jan. 18, 2013 /PRNewswire/ -- Leap Wireless International, Inc. (NASDAQ: LEAP) reported today that it has issued inducement awards to two new non-executive employees.

(Logo:  http://photos.prnewswire.com/prnh/20101220/MM20546LOGO-a)

The awards were made on January 14, 2013 under Leap's 2009 Employment Inducement Equity Incentive Plan, which provides for the granting of equity awards to new employees of Cricket Communications, Inc. as an inducement to join the company.  The inducement awards consist of options to purchase up to 16,125 shares of Leap common stock and deferred stock units for 9,275 shares of Leap common stock.  The options have a ten year term and an exercise price equal to the fair market value of Leap common stock on the date of grant.  The awards vest in four years, with the options vesting in equal 25 percent annual increments and the deferred stock units vesting in 25 percent equal increments on the second and third anniversaries of the date of grant and 50 percent on the fourth anniversary of the date of grant.   

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 its Cricket service. Cricket products and services are available nationwide through company-owned stores, dealers, national retailers and at MyCricket.com.  Through its affordable, flat-rate service plans, Cricket offers customers a choice of unlimited voice, text, data and mobile Web services. 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.

SOURCE Leap Wireless International, Inc.

About PR Newswire
Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

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