Company powering Wachovia Financial Center PoP with building-wide wireless broadband access MIDDLETOWN, R.I., Feb. 3 /PRNewswire-FirstCall/ -- Towerstream (NASDAQ: TWER), a leading WiMAX service provider, today announced the expansion of its Miami, Fla. network through the installation of a new Point-of-Presence (PoP), located on top of the Wachovia Financial Center at 200 South Biscaye Blvd in downtown Miami. In addition to strengthening Towerstream's service in Miami, the company is also powering the PoP with building-wide access to its high-speed, wireless broadband solution. The site is the fourth Towerstream-powered building in the U.S. to take full advantage of wireless gigabit broadband delivered directly from the company's rooftop equipment. As a result, Wachovia building tenants can enjoy high-quality wireless broadband at very low costs, giving them true redundancy and service reliability. Shake-A-Leg Miami, a non-profit organization bringing water based recreation and educational programs to underprivileged children, adults and the community, uses Towerstream's service to access its web based fundraising and communications platform. Additionally, the service is used for online applications such as educational assessment tools used in its morning, afternoon and summer camp programs. "Our Internet access is mission-critical for running our programs, and as a non-profit, we're obviously on a limited budget," said Fernando Canelas, IT manager at Shake-A-Leg Miami. "The affordability and reliability of Towerstream's service has allowed us to further integrate the Internet into our programs and development activities." The new installation in Miami will strengthen service for existing customers, while offering many additional businesses in the Miami area Towerstream's high-speed, wireless broadband for the first time. Towerstream's service allows businesses of all sizes to connect to secure, reliable, and cost effective wireless broadband with improved functionality over traditional broadband - including faster upload speeds. "As Towerstream continues to execute on its business plans for 2009, expanding the range and power of our networks continues to be a priority," said Arthur Giftakis, Vice President of Engineering for Towerstream. "As a result, we are able to bring our reliable, affordable and fast service to more businesses in more places while also ensuring our existing customers continue to receive the high-quality service they have come to expect from Towerstream." 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. In addition to Miami, Towerstream currently serves businesses of all sizes in New York, Chicago, Los Angeles, Seattle, Boston, San Francisco, Dallas-Fort Worth and Providence/Newport. Towerstream also offers a Rapid Installation Program which guarantees installation within 48 hours. For a map of the regions covered by Towerstream's service, please visit: 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/. About Towerstream Corporation Towerstream is a leading 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. 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. INVESTOR CONTACT: Terry McGovern Vision Advisors 415-902-3001 MEDIA CONTACT: Amanda Lordy / Todd Barrish Dukas Public Relations 212-704-7385 / DATASOURCE: Towerstream CONTACT: Terry McGovern, Vision Advisors, +1-415-902-3001, ; Amanda Lordy, , Todd Barrish, , Dukas Public Relations, +1-212-704-7385 Web Site: http://www.towerstream.com/

Copyright