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Towerstream to Report Fourth Quarter and Full Year 2007 Financial Results
Feb 20, 2008 (08:02 AM EST)


MIDDLETOWN, R.I., Feb. 20 /PRNewswire-FirstCall/ -- Towerstream , a leading fixed wireless Internet provider currently operating in eight major metropolitan areas, announced today that it will file its annual report on Form 10-KSB, issue a press release and hold a conference call to discuss results of the 4th Quarter and full fiscal year 2007 on Thursday, March 20, 2008. The release will be issued after the market close on March 20, 2008, and a conference call led by President and Chief Executive Officer Jeff Thompson and interim Chief Financial Officer Maria Perry will then be held at 5:00pm EDT to review results and provide an update on business developments.

Interested parties may participate in the conference by dialing 888.679.8033, 617.213.4846 (for international callers) using pass code 94474548. A telephonic replay of the conference may be accessed approximately two hours after the call through April 10, 2008 by dialing 888-286-8010 or 617-801-6888 (for international callers) using pass code 47047520.

The call will also be webcast and can be accessed in a listen-only mode on the company's website at www.towerstream.com .

Towerstream's wireless broadband solution network delivers high-speed Internet access supporting VoIP, bandwidth on demand, wireless redundancy, VPNs, disaster recovery, bundled data, and video services, and can be delivered in days. Companies utilizing multiple appliances simultaneously, such as streaming video and VoIP, can prioritize their bandwidth to secure mission-critical activities. Towerstream currently serves businesses of all sizes in New York, Chicago, Miami, Los Angeles, Boston, Seattle, the San Francisco Bay Area and Providence/Newport, RI.

For more information, visit www.towerstream.com .

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 such markets as New York City, Los Angeles, Miami, Chicago, Seattle, the San Francisco Bay Area, and the greater Boston, Providence and Newport, R.I. areas, and continues to expand coverage throughout the country. 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.

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 have been correct. Consequently, future events and actual results could differ materially from those set forth in, contemplated by, or underlying the forward 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.

CONTACT: Media, Kristin Conforti of Dukas Public Relations, Kristin@dukaspr.com+1-212-704-7385 ext 114, or , or Investors, TerryMcGovern of Vision Advisors, +1-415-902-3001, or, both for Towerstream

Web site: http://www.towerstream.com/