Towerstream to Provide High-speed Wireless Broadband Service to the 12 Metre World Championships	Print page     Email page

Company to Deliver Fast and Reliable Wireless Connectivity for 50th Anniversary of Sailing Event

MIDDLETOWN, R.I., Sep 15, 2009 (GlobeNewswire via COMTEX News Network) -- News Facts

Towerstream (Nasdaq:TWER), a leading fixed WiMAX service provider, today announced it will be supplying its high-speed, wireless business broadband connectivity for the 12 Metre World Championships, a sailing competition featuring 18 boats with teams from around the world. The event will take place in Newport, R.I. from September 22-27, 2009 and marks the 50th Anniversary of the 12 Metre Class of boats in the America's Cup competition.

The event's administrative offices and press room will be operating out of Seamen's Church Institute of Newport, located in the heart of the harbor district. Towerstream will be providing 10 mbps of its symmetrical bandwidth to the 12 Metre Event and press room, enabling:

 -- State-of-the art high-speed Internet for use by attendees,
    mediacovering the event and the more than 300 regatta
    participants,allowing them to stay connected throughout the event

 -- Fast up and down loading of large multimedia files

 -- Streaming video and high-definition (HD) content including videoand
    print coverage of the event and photos

Quotes

"As a Rhode Island-based company, we are proud to power this special event and support our local community. Towerstream's wireless broadband service provides large amounts of symmetrical bandwidth on demand, making it perfectly suited for events like the 12 Metre World Championships. By leveraging our service for the event, the organizers ensure participants, press and attendees are able to stay connected and share important media files while they enjoy the races." (Jeff Thompson, President and CEO of Towerstream - Jeff Thompson's bio)

"Towerstream's flexible and high-speed broadband service was the ideal choice for the 12 Metre World Championships. Their service ensures that we have the bandwidth and reliability that we need to make the event a success. 12 Metre enthusiasts and media around the world want to know the race results and see the photos of the event, and Towerstream will make sure that happens." (12 Metre Class President, Jan Slee)

Towerstream's Services

Towerstream offers a variety of bandwidth options from T-1 to 1000Mbps as well as service reliability backed by an industry-leading Service Level Agreement (SLA) and a no-risk, money-back guarantee. Towerstream's wireless broadband network delivers high-speed Internet access supporting VoIP, bandwidth on demand, wireless redundancy, VPNs, disaster recovery, bundled data, and video services. Companies utilizing multiple appliances simultaneously, such as streaming video and VoIP, can prioritize their bandwidth to secure mission-critical activities. Towerstream also offers a Rapid Installation Program which guarantees installation within 48 hours.

About Towerstream

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. Towerstream was awarded two 2008 Telephony Innovation Awards for Most Innovative Broadband Wireless Service and Most Innovative Small Business Service and the Best of WiMAX World 2008 Service Provider Deployment Award for its New York City network.

 -- For a map of the regions covered by Towerstream's service,
    pleasevisit: http://www.towerstream.com

 -- For sales inquiries, please call 866-848-5848; or
    visit:http://www.towerstream.com/index.asp?ref=support

 -- Visit Towerstream CEO Jeff Thompson's blog
    at:http://blog.towerstream.com/.

 -- Click here to subscribe to future Towerstream announcements via RSS

The Towerstream Corporation logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=6570

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 correct or update any forward-looking statements, whether as a result of new information, future events or otherwise.

This news release was distributed by GlobeNewswire, www.globenewswire.com

SOURCE: Towerstream Corporation

CONTACT: Dukas Public Relations
Media Contact:
Amanda Lordy
Amanda@dukaspr.com
Matt Rizzetta
212-704-7385

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