TowerStream Expands

MIDDLETOWN, R.I. -- 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.”

Towerstream Corp. (Nasdaq: TWER)