Towerstream to Report Fourth Quarter 2009 Financial Results on March 17, 2010


MIDDLETOWN, R.I., March 3, 2010 (GLOBE NEWSWIRE) -- Towerstream (Nasdaq:TWER), a leading wireless Internet service provider, announced today that it will release financial results for the fourth quarter ended December 31, 2009 on March 17, 2010 following the market close.

A conference call to discuss results of the fourth quarter 2009 will be held on March 17, 2010 at 5:00 p.m. ET, during which President and Chief Executive Officer, Jeff Thompson, and Chief Financial Officer, Joseph Hernon, will review the Company's financial results and provide an update on current business developments.

Investors and other interested parties may access the earnings call as follows:

Dial-in numbers: 877-755-7423, for U.S. callers; 678-894-3069 for international callers
   
Internet: An audio webcast is accessible at: 
  http://ir.towerstream.com/eventdetail.cfm?eventid=77896
   
Telephone replay: Wednesday, March 17, 2010 at 6:00 p.m. ET until Wednesday, March 24,
  2010 at midnight ET
   
  Dial in number: 800-642-1687 for U.S. callers; 706-645-9291 for
  international callers; Conference ID: 56447159 for all callers

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 ten markets including New York City, Philadelphia, 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.

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.



            

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