Towerstream to Report First Quarter 2009 Financial Results on May 6, 2009

MIDDLETOWN, R.I., April 20  /PRNewswire-FirstCall/ -- Towerstream (NASDAQ: TWER), a leading WiMAX service provider, announced that it will report its results for the first quarter ended March 31, 2009 on May 6, 2009, following the close of the market.  A conference call to discuss results of the first quarter 2009 will be held on May 6, 2009 at 4:30 p.m. ET, during which 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:  888-679-8033, for U.S. callers; 617-213-4846 for
                    international callers; access code 70974945 for all
                    callers

  Internet:         An audio webcast is accessible at
                    http://ir.towerstream.com/events.cfm

  Telephone replay: Wednesday, May 6, 2009 at 8:30 p.m. ET until Wednesday
                    May 13, 2009 at 11:59 p.m. ET

                    Dial in number: 888-286-8010 for U.S. callers;
                    617-801-6888 for international callers; access code
                    47296875 for all callers

  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.

  INVESTOR CONTACT:
  Terry McGovern
  Vision Advisors
  415-902-3001
  

  MEDIA CONTACT:
  Amanda Lordy / Todd Barrish
  Dukas Public Relations
  212-704-7385
   / 

DATASOURCE: Towerstream



CONTACT:  INVESTOR CONTACT: Terry McGovern of Vision Advisors,

[phone], ; or MEDIA CONTACT: Amanda Lordy,

, or Todd Barrish, , both of Dukas Public

Relations, [phone]

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