J. Clarke Smith

J. CLARKE SMITH is Vice President of Finance and Administration
(CFO/CAO) for Aerial Communications. Mr. Smith is responsible for
financial planning/reporting and administrative activities, as well as
the development of financial and business strategy for Aerial.
Previously, Mr. Smith was President and CEO of Mortgage Edge
Corporation, a mortgage banking company he founded and operated in three
states. Prior to starting this company, Mr. Smith held various key
management positions with Sears Roebuck and Co. He was President of
Sears Savings Bank, a $6.5 billion bank for which he established
strategy and direction for all operations. Mr. Smith also was Executive
Vice President-Administration, CAO/CFO for Sears Mortgage Banking Group
and Vice President and Treasurer-Consumer Banking at Dean Witter
Financial Services. Mr. Smith also held senior level management
positions with Computer Communications of America, a subsidiary of
National Bank of Detroit. Prior to joining CCA, he was Chief Finance and
Business Officer for the University of Detroit. He began his career at
Chrysler Corporation as an analyst. Mr. Smith holds an M.B.A. degree in
finance and a B.S. degree in business administration and economics from
the University of Detroit. He serves on the board of directors for the
Financial Executives Institute and is past President of the Chicago
Chapter. Aerial Communications, Inc. (NASDAQ:AERL), headquartered in
Chicago, has six licenses to provide personal communications service in
areas covering 27.3 million of the U.S. population. Aerial’s markets
include Columbus, Houston, Kansas City, Minneapolis, Pittsburgh and
Tampa-St. Petersburg-Orlando.