SOURCE: Towerstream

Towerstream

June 03, 2009 08:30 ET

Towerstream to Power Internet Week New York Event

Company to Provide Its High-Speed, Wireless Business Broadband Service to Event Horizons

MIDDLETOWN, RI--(Marketwire - June 3, 2009) - Towerstream (NASDAQ: TWER)

News Facts
Towerstream (NASDAQ: TWER), a leading WiMAX service provider, today announced it will be supplying its high-speed, wireless business broadband connectivity for Event Horizons, an Internet Week event, through an agreement with Box of Rain, a New York-based business development consulting firm specializing in media out of home and Interactive media.

Towerstream will be providing eight mbps of its symmetrical bandwidth to Event Horizons, enabling:

  • Hours of streaming video and high-definition (HD) content including panels, presentations and live music
  • Interactive communications between onsite and online attendees
  • Download of HD content for attendees

Towerstream will also provide service for Kids Play Tunes, a charity event supporting music education and awareness of music in New York City schools.

Event Details

Event Horizons:

  • When: Thursday, June 4 at 11 a.m. - 3 p.m. ET
  • Where: Webster Hall Grand Ballroom

Kids Play Tunes:

  • When: Friday, June 5 at 7 p.m. ET
  • Where: The Studio at Webster Hall, New York City

Quotes
"Wireless broadband, like Towerstream's service, is unique in its ability to provide large amounts of symmetrical bandwidth on-demand. Box of Rain sought out our service for its low cost, high bandwidth and proven track record of powering events. This will ensure that event attendees -- both onsite and online -- can experience HD content, streaming video and interactive communications." (Jeff Thompson, President and CEO of Towerstream - Jeff Thompson's bio)

"Working with Towerstream ensures we have the bandwidth we need -- both up and downstream -- without having to utilize multiple pipes or expensive equipment. The company's cost effective and flexible solution is ideal for projects like Event Horizons and Kids Play Tunes." (Leonard H Shostak, Producer, Box of Rain LLC)

Please contact Amanda Lordy (Amanda@dukaspr.com) to arrange an interview and/or for additional quotes.

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 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.

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