MIDDLETOWN, R.I., Oct. 7, 2009 (GLOBE NEWSWIRE) --
News Facts
Towerstream (Nasdaq:TWER), a leading fixed WiMAX service provider, today announced it has extended its New York City wireless broadband network through the addition of a new Point of Presence (PoP) located at 41 Madison Avenue, the New York Merchandise Mart. As a result, additional companies in Manhattan will now have access to Towerstream's high-speed, wireless business Internet service.
This expansion will strengthen service within Towerstream's existing network, enabling the Company to further penetrate the market and add new customers.
Towerstream's wireless Internet service allows businesses of all sizes to connect to secure, reliable, and cost effective broadband with improved functionality over traditional broadband, including faster upload speeds.
Quotes
"Our New York City network is Towerstream's largest, both in number of existing customers and number of businesses within reach of our service. By continuing to strengthen our coverage and broaden our scope, we hope to increase our market share, customer base and revenue while providing reliable and high-speed broadband to businesses of all sizes." (Jeff Thompson, President and CEO of Towerstream - Jeff Thompson's bio)
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 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, 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/.
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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.