QualityStocks would like to highlight Multiband Corporation (NASDAQ: MBND). Together with its subsidiaries, the company provides contract installation services; voice, data, and video services; and design, engineering, and construction services in the United States. The company operates through three segments: Field Services (FS); Multi-Dwelling Unit (MDU); and Engineering, Energy & Construction (EE&C).
In the company’s news,
Multiband Corp. announced that its Board of Directors elected Martin H. Singer, Ph.D., and Steve Kezirian to positions on the board. Current board member Jonathan Dodge will be retiring next month; following all of these changes, Multiband’s board will consist of eight members.
James L. Mandel, CEO of Multiband, commented, “We are honored to welcome Dr. Singer and Mr. Kezirian to our board. Dr. Singer’s industry experience and his ability to transform technology companies and unlock shareholder value will be extremely beneficial to Multiband. Mr. Kezirian brings a proven track record of operational excellence and customer focus that is valuable to us as we expand our platforms and leverage our core competencies. We welcome both executives and look forward to utilizing their extensive backgrounds and experience as we move forward with our strategy to diversify our revenue and build an increasingly powerful platform for sustainable growth.”
Since 2001, Dr. Singer has served as CEO and Chairman of the Board at PCTEL, Inc., a leader in simplifying wireless and site solutions for private and public networks. He has been a director at PCTEL since August 1999, and also served as its non-executive Chairman of the Board from February 2001 until October 2001. From 1997-2000, Dr. Singer was President and CEO of Safco Technologies, where he and his team built the business from $17 million to $42 million in revenue and then sold it to Agilent Technologies for $122 million. Dr. Singer holds eight patents, is the author of several essays on the telecommunications industry and technology competitiveness and public policy, and has received numerous industry awards recognizing his expertise. Dr. Singer holds a Bachelor of Arts degree in psychology from the University of Michigan, a Master of Arts degree, and a Ph.D. in experimental psychology from Vanderbilt University.
Of his election, Dr. Singer remarked, “Multiband has a dynamic and active board and I am impressed with its growth strategy. I look forward to collaborating with the board and management to maximize the Company’s shareholder value.”
Mr. Kezirian is currently the CEO at TRG Customer Solutions, a diversified, global provider of outsourced contact center. TRG-CS provides services to a diverse range of clients, from small-sized and medium-sized enterprises to the Fortune 50. Prior to joining TRG-CS, Mr. Kezirian was COO at Cantor Gaming. In his professional career, Mr. Kezirian has served in a variety of senior leadership roles at McKinsey & Co., Morgan Stanley & Co., J.H. Whitney & Co., Tickets.com, and Sprint-Nextel Corporation. Mr. Kezirian holds a bachelor’s degree in Economics from Harvard University and an MBA from Harvard Business School.
Mr. Kezirian commented, “I am pleased to join the Multiband board. They have an excellent reputation, and a strong and robust brand in the marketplace. I hope to share key perspectives from my background to help them achieve their growth and profitability goals.”
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Forward-Looking Statement:
This release may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All forward-looking statements are inherently uncertain as they are based on current expectations and assumptions concerning future events or future performance of the company. Readers are cautioned not to place undue reliance on these forward-looking statements, which are only predictions and speak only as of the date hereof. Risks and uncertainties applicable to the company and its business could cause the company's actual results to differ materially from those indicated in any forward-looking statements.
