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 that the Company has been invited to present at Craig-Hallum's Annual Alpha Select Conference. The conference will be held at the Roosevelt Hotel in New York City on Thursday, October 6, 2011. Multiband's chief executive officer, James Mandel, is scheduled to present at 12:10 p.m. ET, with one-on-one meetings held throughout the day. Mr. Mandel will discuss the Company’s financial and operational performance and its recent acquisition of the WPCS International Incorporated operation centers located in St. Louis, Mo., and Sarasota, Fla., which have been re-named Multiband Engineering and Wireless. For more information about the conference or to schedule a one-on-one meeting with Multiband management, contact your Craig-Hallum representative or visit www.craighallum.com. Multiband’s group presentation will be available for the public to access via the Investor Relations section of the Company’s corporate website, www.multibandusa.com or at http://wsw.com/webcast/ch/mbnd/. This webcast will be archived for 90 days following the live presentation. About Craig-Hallum Capital Group, LLC Craig-Hallum was founded in 1997 and is owned and operated by experienced professionals who have significant knowledge and expertise in each of the company's lines of business. The firm's professionals are committed to excellence and the success of its corporate and institutional clients and understand that bringing value to their clients is critical to Craig-Hallum's success. Craig-Hallum's principal activities include research, institutional sales & trading, and investment banking. For more information, visit www.craighallum.com. About Multiband CorporationMultiband 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.
Shares of Multiband Corporation (Nasdaq:MBND) have taken a tremendous swing upward. The stock is trading at $3.46 as of 3:31 p.m. ET, 26.3% above Wednesday's closing price of $2.74. Volume is at 412,212, 2.9 times the daily average of 140,600.