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Jul 23, 2008
Towerstream to Report Second Quarter 2008 Financial Results on August 12, 2008

MIDDLETOWN, R.I., July 23, 2008 /PRNewswire-FirstCall via COMTEX News Network/ -- Towerstream Corporation (Nasdaq: TWER), a leading fixed WiMAX service provider, announced that it will report financial results for the second quarter ended June 30, 2008 at 7:00 a.m. ET on August 12, 2008. Following the announcement, a conference call will be held at 8:30 a.m. ET during which Chief Executive Officer, Jeff Thompson, and Chief Financial Officer, Joseph Hernon, will review the Company's financial results and provide an update on current business developments.

Investors and other interested parties may access the earnings call as follows:

    Dial-in numbers:  1-888-679-8033, access code 70974945 for U.S. callers
                      1-617-213-4846 for international callers

    Internet:         An audio webcast is accessible under "Events" at the
                      "Corporate Relations" section, Webcast & Multimedia tab

    Telephone replay: Tuesday, August 12, 2008 at 10:30 a.m. ET until
                      August 19th at noon ET

                      Dial in # 1-888-286-8010

About Towerstream Corporation

Towerstream is a leading fixed WiMAX service provider in the U.S., delivering high-speed Internet access to businesses. Founded in 2000, the Company has established networks in nine markets including New York City, Boston, Los Angeles, Chicago, the San Francisco Bay Area, Miami, Seattle, Dallas-Fort Worth, and the greater Providence area where the Company is based. The Company was the first carrier selected to join the WiMAX Forum to assist leading vendors in establishing industry compliance with international broadband wireless access standards and cross-vendor interoperability.

Safe Harbor

Certain statements contained in this press release are "forward-looking statements" within the meaning of applicable federal securities laws, including, without limitation, anything relating or referring to future financial results and plans for future business development activities, and are thus prospective. Forward-looking statements are inherently subject to risks and uncertainties some of which cannot be predicted or quantified based on current expectations. Such risks and uncertainties include, without limitation, the risks and uncertainties set forth from time to time in reports filed by the company with the Securities and Exchange Commission. Although the company believes that the expectations reflected in such forward-looking statements are reasonable, it can give no assurance that such expectations will prove to be correct. Consequently, future events and actual results could differ materially from those set forth in, contemplated by, or underlying the forward-looking statements contained herein. The company undertakes no obligation to publicly release statements made to reflect events or circumstances after the date hereof.

SOURCE Towerstream Corporation


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