CHICAGO, Nov. 4, 2010 (GLOBE NEWSWIRE) -- Towerstream (Nasdaq:TWER), a leading 4G service provider delivering high-speed wireless Internet access to businesses in 11 major U.S. cities, is providing the wireless broadband connection to support a high-resolution live webcast of the Los Lobos performance at the historic Vic Theatre in Chicago on Saturday, November 6 at 9:00 pm ET. BeyondLive is producing the interactive, live webcast of the concert, a benefit event for the Greater Chicago Food Depository. "The goal of our live concert broadcasts is to deliver the best possible viewing experience to our audience at home," said Steve Johns, co-founder and CEO of BeyondLive. "Step one in this process is ensuring that we have the fastest and most reliable broadband Internet connection possible. Our video shoots involve feeding real-time footage into encoders that convert it into three different bit rates based on the variability of our viewers' connection speeds at home. Towerstream's high-speed connection gives us more than enough bandwidth to support this huge amount of video and audio data."

"A standard T1 connection does not have enough bandwidth to support such a highly-involved production, and attempting to do so would result in a less than optimal viewing experience – with constant buffering and video that is not at its highest resolution," added Towerstream CEO Jeff Thompson. "BeyondLive using our high-speed broadband connection as the backbone for its live streaming event is a wonderful example of Towerstream's diverse customer base that utilizes the Internet for a wide variety of applications."

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 11 markets including New York City, Boston, Los Angeles, Chicago, the San Francisco Bay area, Miami, Seattle, Dallas-Fort Worth, Philadelphia, Nashville 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.  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.
CONTACT:  LaunchSquad Public Relations          MEDIA CONTACT:          Matt Calderone          212-564-3665          towerstream@launchsquad.com

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