Multiband Corporation is a leading provider of software and integrated billing services; including video, voice, data and other value-added local services to multiple dwelling units (MDU's) on a single bill, directly and through strategic partnerships. Multiband also is an exclusive DirectTV master system operator. Multiband is headquartered in Minneapolis, MN and has offices across the United States, as well as a state of the art service and support center located in Fargo, ND providing call center capabilities and other value-added services.

Safe Harbor for Forward Looking and Cautionary Statements

Statements included in this release may constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements involve a number of risks and uncertainties such as competitive factors, technological development, market demand and Multiband's ability to obtain new contracts and accurately estimate net revenues due to variability in size, scope and duration of projects, and internal issues in the sponsoring client. Further information regarding potential factors that affect Multiband's financial results can be found in Multiband's Registration Statement and in its Reports on Forms 8-K filed with the Securities and Exchange Commission (SEC).

SOURCE: Multiband Corporation

CEOcast, Inc. for Multiband 
Gary Nash, 212-732-4300

About Multiband

Multiband Corporation is a leading provider of software and integrated billing services; including video, voice, data and other value-added local services to multiple dwelling units (MDU's) on a single bill, directly and through strategic partnerships. Multiband also is an exclusive DirectTV master system operator. Multiband is headquartered in Minneapolis, MN and has offices across the United States, as well as a state of the art service and support center located in Fargo, ND providing call center capabilities and other value-added services.

Safe Harbor for Forward Looking and Cautionary Statements

Statements included in this release may constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements involve a number of risks and uncertainties such as competitive factors, technological development, market demand and Multiband's ability to obtain new contracts and accurately estimate net revenues due to variability in size, scope and duration of projects, and internal issues in the sponsoring client. Further information regarding potential factors that affect Multiband's financial results can be found in Multiband's Registration Statement and in its Reports on Forms 8-K filed with the Securities and Exchange Commission (SEC).

SOURCE: Multiband Corporation

CEOcast, Inc. for Multiband 
Gary Nash, 212-732-4300

agreement

* Says will now acquire 80 percent of issued and outstanding shares of all dthc

operating subsidiaries

* Says will now acquire 80% of issued and outstanding shares of all dthc

operating subsidiaries

* Says deal valued at about $33.9 million

* Says closing on the 80 percent portion of the acquisition is expected to

occur on or about January 1

* Says upon closing of the initial portion of the acquisition, will consolidate

operating results of all former dthc subsidiaries with its operating results

((Bangalore Equities Newsroom; +91 80 4135 5800; within U.S. +1 646 223 8780))

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MMMM

"In the short time since we have completed the acquisition of U.S. Install's assets, the Company has expanded rapidly, securing agreements with several national retailers to provide installation services," said James L. Mandel, CEO of Multiband. "With strong demand for qualified electronics technicians, we believe U.S. Install is uniquely positioned to continue its growth."

U.S. Install is contracted nationally with a network of installation providers which collectively has over 11,000 employee installers nationwide. Its client list includes a variety of retailers and consumer electronics product manufacturers, for which U.S. Install provides end user commercial and residential installations.

About Multiband

Multiband Corporation is a leading provider of software and integrated billing services; including video, voice, data and other value-added local services to multiple dwelling units (MDU's) on a single bill, directly and through strategic partnerships. Multiband also is an exclusive DirectTV master system operator. Multiband is headquartered in Minneapolis, MN and has offices across the United States, as well as a state of the art service and support center located in Fargo, ND providing call center capabilities and other value-added services.

Safe Harbor for Forward Looking and Cautionary Statements

Statements included in this release may constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements involve a number of risks and uncertainties such as competitive factors, technological development, market demand and Multiband's ability to obtain new contracts and accurately estimate net revenues due to variability in size, scope and duration of projects, and internal issues in the sponsoring client. Further information regarding potential factors that affect Multiband's financial results can be found in Multiband's Registration Statement and in its Reports on Forms 8-K filed with the Securities and Exchange Commission (SEC).

SOURCE: Multiband Corporation

CEOcast, Inc. for Multiband 
Gary Nash, 212-732-4300