Towerstream Chief Revenue Officer to Speak At International CTIA Wireless I.T. & Entertainment 2009(R)

Mel Yarbrough to Discuss Broadband Stimulus Topics At Event


MIDDLETOWN, R.I., Oct. 6, 2009 (GLOBE NEWSWIRE) -- Towerstream (Nasdaq:TWER), a leading fixed WiMAX service provider, today announced that its Chief Revenue Officer, Mel Yarbrough, has been selected to participate in the educational program at International CTIA Wireless I.T. & Entertainment 2009(R), which takes place October 7-9 at the San Diego Convention Center.

Selected to speak in the session "Stimulus: Getting in on Taxpayer Money," Yarbrough will address the opportunities and benefits related to the government stimulus package and what this means to the wireless industry. The session is scheduled for October 8th at 4:00 p.m. to 5:15 p.m. PT. For more information on CTIA's Educational Sessions, please visit: http://www.wirelessit.com/events/event_details.cfm?calID=892.

"We are delighted that Mel Yarbrough will be joining the discussion on the critical technical, business and policy issues facing the wireless industry," said Robert Mesirow, vice president and show director for CTIA. "Our speakers will share with attendees their secrets for developing successful mobile business strategies."

Note to journalists and analysts - press registration is open at: https://registration.itnintl.com/ctiawite09/regOnline/regLogin.aspx?stream=press.

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.

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

About International CTIA WIRELESS I.T. & Entertainment 2009(R)

International CTIA WIRELESS IT & E is CTIA's fall show focused on mobile business. This event brings together a unique community of enterprise users, carriers, developers and manufacturers to generate dialogue, share ideas and debate the economics of wireless innovation. Visit www.ctiashow.com.

CTIA -The Wireless Association(R) is the international association for the wireless telecommunications industry, representing carriers, manufacturers and wireless Internet providers. CTIA is also recognized as the producer of two annual technology events: International CTIA WIRELESS 2010 takes place in Las Vegas, March 23-25; International CTIA WIRELESS IT & Entertainment 2010 takes place in San Francisco, October 6-8. For more association information, visit www.ctia.org.

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.



            

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