updated 10/14/2010 8:15:35 AM ET 2010-10-14T12:15:35

BOSTON, Oct. 14, 2010 (GLOBE NEWSWIRE) -- Towerstream (Nasdaq:TWER), a leading 4G service provider delivering high-speed wireless Internet access to businesses in 11 major metropolitan areas in the U.S. will provide high-speed wireless business broadband connectivity in Boston's Copley Square for the second annual Boston Book Festival, taking place on Saturday, October 16.

Deborah Z. Porter, Founder and President of the Boston Book Festival said, "Boston is a city with an extremely rich tradition in literature and high technology, but until last year Boston did not have a public event devoted to celebrating book culture. When creating the Boston Book Festival, I felt it was incumbent upon us to acknowledge Boston's character as a center of technological innovation by offering festival attendees a high-speed wireless Internet connection at our outdoor festival events. We encourage attendees to blog about the festival and continue the conversation in real time through social media platforms, and Towerstream's portable high-speed Internet connection provides our plugged-in attendees with a simple solution to accessing the web."

Towerstream CEO Jeff Thompson said, "Towerstream prides itself on our ability to serve the needs of businesses large and small, and we take great satisfaction in being chosen to provide high-speed wireless Internet to the attendees of important community events like the Boston Book Festival. Since the festival is largely educational in nature, our outdoor wireless Internet connection will help foster impactful online discussions between festival attendees in real time."

The Boston Book Festival takes place in various locations in and around Copley Square including the Boston Public Library, Back Bay Events Center, and others on Saturday, October 16 from 10:00 am - 10:00 pm. Additional information about the schedule of events can be found here: http://www.bostonbookfest.org/2010_schedule/    

About Towerstream Corporation

Towerstream is a leading 4G service provider in the U.S., delivering high-speed wireless Internet access to businesses.  Founded in 2000, the Company has established networks in 11 markets including New York City, Boston, Los Angeles, Chicago, the San Francisco Bay area, Miami, Seattle, Dallas-Fort Worth, Philadelphia, Nashville and the greater Providence area where the Company is based.  For more information, visit our website at www.towerstream.com or follow us on Twitter @Towerstream.

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

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 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.

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