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
mcgovern@visionadvisors.net

MEDIA CONTACT:
Amanda Lordy / Todd Barrish
Dukas Public Relations
212-704-7385
Amanda@dukaspr.com / todd@dukaspr.com

SOURCE Towerstream

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