Multiband Signs Four-Year Agreement Extending HSP Contract with DIRECTV

Multiband Corporation (NASDAQ:MBND), a leading Home Service Provider (HSP) for DIRECTV and the nation's largest DIRECTV Master System Operator (MSO) for Multiple Dwelling Units (MDUs), today announced it has extended its HSP contract with DIRECTV for four years beginning October 1, 2010 through October 1, 2014. The new contract extends the existing agreement and will reduce the quarterly non-cash amortization charge the Company takes each quarter to $860k from the approximate current charges of $1.2 million per quarter. The Company also announced that on July 1, 2010, in partnership with DIRECTV, it launched a nationwide platform to target commercial businesses such as bars and restaurants to install and service DIRECTV. The initial market for rolling out the commercial platform is the Minneapolis-St. Paul, Minnesota area.

James L. Mandel, chief executive officer of Multiband Corporation, commented, "Our strong and mutually beneficial relationship with DIRECTV has resulted in the extension of our Home Service Provider contract with them and reflects their confidence in our ability to deliver high quality installations, effective resolution of customer issues and quick response to customer calls to maintain significant uptime. DIRECTV has demonstrated additional confidence in Multiband by partnering with us in this new initiative, which broadens our scope beyond the original platform to target bars, restaurants and other commercial sites. We have created a sales team of call agents to service this new platform."

About Multiband Corporation

Multiband Corporation (Nasdaq: MBND) is the largest nationwide DIRECTV master system operator in the Multiple Dwelling Unit (MDU) market and one of the largest full-service home service providers (HSPs), handling around 20% of all DIRECTV's installations, maintenance and upgrades for residents of single-family homes. Multiband is a full-service operator for a number of other providers within the footprint as well, offering solutions for watch, talk, surf and security, and is equipped with a retail store and an online store to strive to be a customer's "one source solution" for all electronic needs. Additionally, Multiband is a leading provider of software and integrated billing services to MDUs on a single bill, including video, voice, data and other value-added local services, both directly and through strategic arrangements. Multiband is headquartered in Minneapolis, Minn., and has offices strategically placed around the continental United States.

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