MINNEAPOLIS, Aug. 30, 2013 /PRNewswire/ -- Multiband
Corporation (Nasdaq: MBND) today announced the expiration of its
tender offer (the "Tender Offer") to purchase outstanding options
to purchase shares of its common stock granted under its 1999 Stock
Compensation Plan.
The Tender Offer expired at 5:00 p.m.,
Central Time, on August 29,
2013. Multiband has accepted for payment all validly
tendered eligible options.
About Multiband Corporation
Multiband
Corporation (Nasdaq: MBND) engages with a vast and growing array of
technologies including renewable energy, wireless infrastructure,
electrical power systems, digital signage, commercial audio/video
solutions, hospitality IPTV and VOD systems. Multiband completes
nearly 20% of all DIRECTV's installations, maintenance and upgrades
for residents of single-family homes. Multiband also supplies
broadband cable and satellite internet solutions for homes and
businesses across the nation. As 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),
Multiband is a driven leader in a competitive industry.
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 partnerships. Multiband focuses on
providing world-class customer service and the highest level of
performance for all partners and customers, from multinational
corporations to individual families. Multiband is headquartered in
Minneapolis, Minn., and has
offices strategically placed around the continental United States.
Contact at Multiband Corporation
Contact: James Mandel, CEO for Multiband Corporation at
(763) 504-3000.
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SOURCE Multiband Corporation
