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Towerstream Appoints Laura W. Thomas as CFO

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MIDDLETOWN, R.I. -- Towerstream Corporation (OTCQB:TWER), a Fixed Wireless Internet Service Provider, announced today the appointment of Laura W. Thomas as Chief Financial Officer, succeeding Frederick Larcombe. Ms. Thomas will report to Mr. Ernest Ortega, Chief Executive Officer, and will be instrumental in assisting Mr. Ortega to execute Towerstream’s strategy for the next level of growth.

Ms. Thomas, a veteran of the telecommunications industry since 1984, is a results-oriented and visionary financial professional who most recently held the position of Chairman of the Board for Impact Telecom. Prior to that, Ms. Thomas served as Chief Executive Officer for TNCI, a national telecommunications provider of business enterprise voice, data and cloud-based services. Additionally, Ms. Thomas spent 14 years at XO Communications, an award-winning telecommunications company with $1.5B in revenue. Ms. Thomas held both the CEO and CFO positions at XO Communications after progressing through the finance organization.

"I am extremely pleased to welcome Laura to Towerstream, where she will undoubtedly make an immediate impact. With her 30 years of experience within the telecommunications industry, she brings a wealth of skill and knowledge to our finance and accounting team,” said Ernest Ortega, Chief Executive Officer. “Laura will be instrumental in helping provide vision, strategy, and leadership to our organization as we strive to position ourselves as one of the premier internet service providers in the country.”

Towerstream Corp. (Nasdaq: TWER)

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