Company Extends Fixed Wireless Coverage to Century City District; Brings More Affordable Broadband to the Entertainment Capital of the World
Middletown, RI. , February 14, 2007 – Towerstream (OTCBB: TWER.OB), a leading fixed wireless Internet provider currently operating in 7 major metropolitan areas, today announced the expansion of its Los Angeles WiMAX network to include the popular commercial district, Century City. Through the addition of new Points-of-Presence (PoPs) throughout the metro area, Towerstream will offer wireless Internet coverage to businesses in the entire west side of Los Angeles, home to many important film, television and music industry businesses.
Century City is an important business district outside of downtown Los Angeles; therefore, Towerstream’s reliable and flexible fixed wireless broadband service is especially needed in this densely-populated area. Media and entertainment companies there, in particular, are in need of higher bandwidth products not currently offered by legacy phone companies and Towerstream is able to provide connectivity options to meet the diverse needs of these businesses.
“Following completion of Towerstream’s recent financing, we are committed to deeper penetration in our major metropolitan markets and adding additional cities throughout 2007,” said Jeff Thompson, President and CEO of Towerstream. “Expansion into Century City has been one of our important near-term goals. Our fixed wireless broadband, supporting high bandwidth video capabilities, is a tremendous asset to many businesses that could benefit from a more robust broadband solution not currently offered by traditional wireline providers. Our primary objective has been, and will always be, to offer exceptional broadband in the cities we serve. We are pleased that businesses on the west side of LA will be able to take advantage.”
All of Towerstream’s Los Angeles customers have a range of bandwidth options to choose from, including T1, T3, 100 and 1000 Mbps connections, as well as service reliability backed by an industry-leading Service Level Agreement (SLA) and a no-risk, money-back guarantee. Towerstream’s fixed wireless broadband network delivers high-speed Internet access supporting VoIP, bandwidth on demand, wireless redundancy, VPNs, disaster recovery, bundled data, and video services. Companies utilizing multiple appliances simultaneously, such as streaming video and VoIP, can prioritize their bandwidth to secure mission-critical activities. In addition to Los Angeles, Towerstream currently serves businesses of all sizes in New York, Chicago, Seattle, Boston, San Francisco and Providence/Newport, R.I.
About Towerstream
Towerstream (OTCBB: TWER.OB) is a leading fixed wireless service provider in the U.S., delivering high-speed Internet access to businesses. Founded in 2000, the company has established pre-WiMAX networks in markets such as New York City, Los Angeles, Chicago, San Francisco, Seattle, the greater Boston area, and Providence and Newport, R.I., 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. For more information on Towerstream, please visit the website at: http://www.towerstream.com.
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.
From Towerstream via email
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