Towerstream to Report Second Quarter 2008 Financial Results on August 12, 2008

MIDDLETOWN, R.I., July 23 /PRNewswire-FirstCall/ -- Towerstream
Corporation (Nasdaq: TWER), a leading fixed WiMAX service provider, announced
that it will report financial results for the second quarter ended June 30,
2008 at 7:00 a.m. ET on August 12, 2008. Following the announcement, a
conference call will be held at 8:30 a.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: 1-888-679-8033, access code 70974945 for U.S. callers
1-617-213-4846 for international callers

Internet: An audio webcast is accessible under "Events" at the
"Corporate Relations" section, Webcast & Multimedia tab

Telephone replay: Tuesday, August 12, 2008 at 10:30 a.m. ET until
August 19th at noon ET

Dial in # 1-888-286-8010

About Towerstream Corporation
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 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.
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.
SOURCE Towerstream Corporation

Investors, Terry McGovern, +1-415-902-3001, mcgovern@visionadvisors.net, of
Vision Advisors; or media, Amanda Lordy, Amanda@dukaspr.com, or Todd Barrish,
todd@dukaspr.com, +1-212-704-7385, both of Dukas Public Relations