Towerstream To Present At First Midwest Securities Small Cap Ideas Conference In New York City On December 16, 2010

MIDDLETOWN, R.I., Dec. 7, 2010 (GLOBE NEWSWIRE) -- Towerstream (Nasdaq:TWER), a leading 4G service provider delivering high-speed wireless Internet access to businesses in 11 major metropolitan areas in the U.S., announced that its President and Chief Executive Officer, Jeff Thompson, will present at the First Midwest Securities Small Cap Ideas Investor Conference on Thursday, December 16th at 2:30 p.m. (Eastern). The conference is being held at the Harvard Club in New York City and is sponsored by David L. Kanen, Vice President of Institutional Sales at First Midwest Securities.

To arrange a one-on-one meeting with Towerstream management, you may contact either David Kanen of First Midwest Securities at dkanen@firstmidwestsecurities.com.

Conference Details:
  • First Midwest Securities Small Cap Ideas Investor Conference
  • December 16, 2010
  • Harvard Club, 27 West 44th Street (between 5th & 6th Avenues), New York City
  • For more information, or to register for the event, please contact David Kanen by calling (631) 863 or via email at dkanen@firstmidwestsecurities.com.

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, Philadelphia, the San Francisco Bay area, Miami, Seattle, Dallas-Fort Worth, 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" 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:  Vision Advisors          INVESTOR CONTACT:          Terry McGovern          415-902-3001          mcgovern@visionadvisors.net           LaunchSquad Public Relations          MEDIA CONTACT:	          Matt Calderone          212-564-3665          towerstream@launchsquad.com

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