Multiband Announces the Renewal of Its Leasing Program for a Substantial Fleet of Several Thousand Company Vehicles

Multiband Corporation (NASDAQ:MBND) has renewed its leasing program for a substantial fleet of several thousand vehicles used by its technical engineering workforce. The fleet is critical to operating and supporting Multiband's HSP (home service provisioning) segment, which employs over three thousand technicians in 25 states and performs thousands of installations for residential satellite broadcast customers each day.

"The leasing program is a testament to Multiband's strong competitive positioning in the HSP segment, as smaller operators increasingly encounter headwinds as they try to simultaneously staff up for growth while maintaining their fleets and equipment at high levels of industry standards," said Jim Mandel, CEO of Multiband. "With this program in place, we are now in negotiations with both General Motors and Ford for receipt of 2010 vehicles starting in the fourth quarter of this year. We believe maintenance of a top fleet of vehicles is an essential component to our mission of providing world class technical services, making our platform a more desirable workplace for our technicians, and will ultimately lead to reduced recruiting costs and workforce churn which will further reduce operating costs. Further, utilizing a new fleet opens doors for Multiband to negotiate contracts with other suppliers of consumer products and services which we can deliver and install using our existing footprint, potentially adding significantly to revenue and EBITDA growth in coming periods with minimal incremental training expense," Mandel said.

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.

About Donlen Corporation. Donlen Corporation, with headquarters in Northbrook, IL, and offices nationwide, is a global provider of innovative fleet management programs. Since 1965, Donlen has offered its clients highly personalized and responsive customer service. Donlen has been recognized as one of The 101 Best and Brightest Places to Work For in Chicago, and as an industry leader by the International Association of Outsourcing Professionals (IAOP) in its Global Outsourcing 100 Award from 2006-2008. For more information about Donlen Corporation, visit www.donlen.com.

SOURCE: Multiband Corporation

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

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