Multiband Signs National Contracting Agreement with Major Satellite Broadcasting Entity

Multiband Corporation (NASDAQ:MBND) has signed a national contracting Agreement with a major satellite broadcasting entity. The Agreement provides for the installation and servicing of the video components for network services for the provider. Significant construction activity is planned for the current fiscal year, with follow-on business expected for 2010 and beyond. The contract is expected to have an immediate impact on operating performance, with the first project already completed in Texas in the third quarter of 2009.

"The contract win and scope and scale of the projects associated with the program further illustrate Multiband's advantageous competitive positioning in its targeted markets of satellite broadcasting and broadband communications. Further, it is evidence of our close alignment with our major customers and partners and provides additional growth opportunities for our Company. It will have an immediate impact on our revenues and operating income," said Jim Mandel, CEO of Multiband Corporation.

About Multiband Corporation. Multiband Corporation (www.multibandusa.com) is the largest DIRECTV installation provider and an enabler of video and triple-play solutions to the MDU segment. The company employs approximately 3,900 professionals, has over 30 Field Offices, and serves customers in all 48 of the lower continental U.S.

SOURCE: Multiband Corporation

Multiband Corporation 
Jim Mandel, CEO, 763-504-3000

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