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Towerstream to Participate in Next Generation Hotspot (NGH) Live Experience at WBA's Wi-Fi Global Congress

MIDDLETOWN, R.I., Oct. 1, 2014 (GLOBE NEWSWIRE) -- Towerstream (Nasdaq:TWER), a leading 4G and Small Cell Rooftop Tower company, today announced its participation in the NGH Live Experience being held at the Wi-Fi Global Conference in San Francisco from October 6-10th, 2014. Towerstream will also supply the Palace Hotel with dedicated fixed wireless backhaul for the conference.

Over 20 carriers will participate in the NGH Live Experience allowing end users to experience the benefits of Carrier Wi-Fi and Hotspot 2.0 firsthand. Specifically, event attendees will be able to download log-in credentials that recognize select SSIDs enabling a wide range of Passpoint certified devices to seamlessly log-in to a multi-site encrypted Wi-Fi network. The network coverage features indoor and outdoor locations throughout San Francisco including the Place Hotel as well as Market Street, Union Square and Fisherman's Wharf.

Towerstream's shared wireless network, which was built to support multiple types of connectivity, will broadcast its own Hotspot 2.0 compatible SSID through its fixed wireless network along with a WBA event SSID and City of San Francisco SSID. The same credentials will allow attendees Wi-Fi access across all three networks. Specifically, Towerstream's shared wireless network will power connectivity around the Fisherman's Wharf area.

Towerstream will also provide backhaul for the event located at the Palace Hotel. Leveraging its fixed wireless network built in San Francisco, Towerstream will provide a licensed, carrier grade, high capacity, low latency, PTP Internet connection with 200Mbit/sec throughput designed to support the entire infrastructure of the Wi-Fi Global Congress event.

"Last year's live NGH demonstration in Beijing was a crucial step in proving the validity of Hotspot 2.0 and its future potential," said Jeff Thompson, Towerstream CEO. "A year later, with the continued explosion of mobile data and new product features coming online everyday like Wi-Fi calling, the industry has taken a giant leap forward as evidenced by the multitude of companies participating in this years NGH experience. We designed our wireless network several years ago to meet the demands of not only this very moment in time but for many years to come. We applaud the WBA for all its continued efforts to standardize the Wi-Fi roaming experience."

About Towerstream Corporation

Towerstream Corporation (Nasdaq:TWER) is a leading 4G and Small Cell Rooftop Tower company. The company owns, operates, and leases Wi-Fi and Small Cell rooftop tower locations to cellular phone operators, tower, Internet and cable companies and hosts a variety of customers on its network. Towerstream was originally founded in 2000 to deliver fixed-wireless high-speed Internet access to businesses and to date offers broadband services in 12 urban markets including New York City, Boston, Los Angeles, Chicago, Philadelphia, the San Francisco Bay area, Miami, Seattle, Dallas-Fort Worth, Houston, Las Vegas-Reno, and the greater Providence area. For more information on Towerstream services, please visit www.towerstream.com and/or follow us @Towerstream.

The Towerstream Corporation logo is available at: http://www.globenewswire.com/newsroom/prs/?pkgid=6570

About HetNets Tower Corporation

HetNets Tower Corporation ("HetNets") was formed in January 2013 as a wholly owned subsidiary of Towerstream Corporation (Nasdaq:TWER), and offers a neutral host, shared wireless infrastructure solution, either independently or as a turnkey service. Its wireless communications infrastructure is available to wireless carriers, cable and Internet companies in major urban markets where the explosion in mobile data is creating significant demand for additional capacity and coverage. HetNets offers a carrier-class Wi-Fi network for Internet access and the offloading of mobile data. Its street level rooftop locations are ideal for the installation of customer owned small cells including DAS, Metro and Pico cells. Other solutions provided by HetNets include backhaul, power, and related small cell requirements. More information is available at http://www.hetnets.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, including, without limitation, risk related to our ability to deploy and expand small cell rooftop tower locations in the New York City and other key markets. 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: INVESTOR CONTACT: Monica Gould The Blueshirt Group 212-871-3927 monica@blueshirtgroup.com MEDIA CONTACT: Todd Barrish Indicate Media 917-861-0089 todd@indicatemedia.com

Source:Towerstream Corporation