Towerstream Corporation (NASDAQ:TWER), a leading fixed-wireless fiber alternative company, today announced that a conference call to discuss results for the third quarter 2016 has been rescheduled to November 16, 2016 at 5:00 p.m. ET, during which Chairman and interim Chief Executive Officer, Philip Urso, Chief Operating Officer, Arthur Giftakis, and Chief Financial Officer, Frederick Larcombe, will review the Company's financial results and provide an update on current business developments.

Investors and other interested parties may access the earnings call as follows:

         
Dial-in numbers:       877-755-7423, for U.S. callers; 678-894-3069 for international callers
         
Internet:       An audio webcast will be accessible at: http://ir.towerstream.com/events.cfm
         
Telephone replay:       Wednesday November 16, 2016 at 8:00 p.m. ET until Thursday November 24, 2016 at 8:00 p.m. ET
         
        Dial in number: toll free 855-859-2056 for U.S. callers; toll 404-537-3406 for international callers; Conference ID: 3962118 for all callers
         

About Towerstream Corporation

Towerstream Corporation (the "Company") is a leading fixed-wireless fiber alternative company delivering high-speed Internet access to businesses. The Company 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.

In 2014, Towerstream launched its On-Net fixed-wireless service offering On-Net building tenants access to dedicated, symmetrical high-speed Internet connectivity, with a premier SLA, at market-setting prices.

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.

INVESTOR CONTACT:

Terry McGovern
Vision Advisors
415-902-3001
mcgovern@visionadvisors.net
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