Towerstream to Report Second Quarter 2011 Financial Results on August 15, 2011


MIDDLETOWN, R.I., Aug. 1, 2011 (GLOBE NEWSWIRE) -- Towerstream (Nasdaq:TWER), a leading 4G service provider, announced that financial results for the second quarter ended June 30, 2011 will be released on Monday, August 15, 2011 following the market close.

A conference call to discuss results for the second quarter 2011 will be held on August 15, 2011 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 will be accessible at: 
  http://ir.towerstream.com/eventdetail.cfm?eventid=100653
   
Telephone replay: Monday, August 15, 2011 at 8:00 p.m. ET until Monday, August 22, 2011 at 11:59 p.m. ET
  Dial in number: 855-859-2056 for U.S. callers; 404-537-3406 for international callers; Conference ID: 87549655 for all callers


About Towerstream Corporation

Towerstream is a leading 4G service provider in the U.S., delivering high-speed wireless Internet access to businesses. Founded in 2000, the Company has established networks in 12 markets including New York City, Boston, Los Angeles, Chicago, Philadelphia, the San Francisco Bay area, Miami, Seattle, Dallas-Fort Worth, Nashville, Las Vegas-Reno and the greater Providence area where the Company is based. For more information, visit our website at www.towerstream.com or follow us on Twitter @Towerstream.

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, including, without limitation, risk related to our ability to deploy and expand a Wi-Fi network in the New York City and other key markets. 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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