Company's Eighth Network Includes Florida's Tallest Building as First Point of Presence
MIDDLETOWN, R.I., March 13 /PRNewswire-FirstCall/ -- Towerstream (BULLETIN BOARD: TWER) , a leading fixed WiMAX service provider, today announced the launch of its wireless broadband solution in the Miami metropolitan area. Towerstream is now able to deliver high availability fixed WiMAX services to area businesses with its Hi-Vi T1+ product, offering 99.999% reliability for a fraction of traditional carrier costs.
By turning on its Miami network, Towerstream establishes its eighth fixed WiMAX network in the U.S. delivering service to business customers from Points-of-Presence (PoPs) throughout the city. Towerstream's first Miami PoP is the city's Four Seasons Hotel, Florida's tallest building.
"We are very excited to deploy Towerstream's fixed WiMAX services in Miami, one of the fastest growing markets in the U.S., and our entry into this market further validates our business model to dramatically increase our coverage area and revenue potential," said Jeff Thompson, CEO of Towerstream. "Thousands of businesses in the Miami metro area will now have access to high speed fixed WiMAX technology giving them a more flexible alternative for broadband with enhanced features, quick delivery and a level of service that the legacy phone networks were not designed to deliver. 2007 continues to be an exciting year for Towerstream with completion of our recent financing and the addition of two major new markets since the beginning of the year. We look forward to continuing our expansion into the largest cities across the U.S."
Towerstream's Miami customers will 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 Miami, Towerstream currently serves businesses of all sizes in New York, Chicago, Los Angeles, Seattle Boston, San Francisco and Providence/Newport.
Towerstream also offers a Rapid Installation Program which guarantees installation within 48 hours. For a map of the regions covered by Towerstream's service, please visit http://towerstream.com/areas.asp.
About Towerstream
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 such markets as New York City, Los Angeles, Chicago, San Francisco, Seattle, the greater Boston, Providence and Newport, R.I. areas, 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 their 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-looking statements contained herein. The company undertakes no obligation to publicly release statements made to reflect events or circumstances after the date hereof.
First Call Analyst:
FCMN Contact:
Source: Towerstream
CONTACT: Investor, Terry McGovern of Vision Advisors, +1-415-902-3001,
mcgovern@visionadvisors.net; or Media, Kristin Conforti of Dukas Public
Relations, +1-516-320-6839, Kristin@dukaspr.com, both for Towerstream
Web site: http://www.towerstream.com/
From PR Newswire and Towerstream via email
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