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Towerstream
and Speakeasy Partner for Nationwide Distribution of Wireless
Broadband Services
Towerstream (OTC Bulletin Board: TWER.OB), a leading fixed
wireless Internet provider, today
announced the launch of its Hi-Vi T1+ wireless broadband
solution in the
Seattle metropolitan area. The company has acquired
Speakeasy's wireless
broadband network assets in Seattle, enabling Towerstream to
deliver high
availability wireless broadband to area businesses with
99.999% reliability
for a fraction of traditional carrier costs. The Company will
also partner
with Speakeasy, a national small business-focused voice and
data services
provider, for distribution of fixed wireless broadband
services in major
cities throughout the country.
Towerstream establishes its seventh wireless network with
five
Points-of-Presence (PoP) in downtown Seattle allowing
businesses within the
metro area to receive wireless broadband access with last mile
availability
(99.999% uptime). Through the distribution agreement,
Speakeasy will also
gain access to a wireless broadband footprint in all seven
major
metropolitan markets that Towerstream currently serves.
"Our launch in Seattle not only expands our west coast
presence
offering businesses a more flexible, robust alternative to
traditional
wireline services, but also aligns us with Speakeasy, a proven
leader in
SMB communications," said Jeff Thompson, Founder and CEO of
Towerstream.
"We continue to execute on our model of delivering fast,
reliable, and
feature-rich wireless broadband solutions in the nation's
largest markets
with zero dependence on the phone company. By forming a
strategic
relationship with Speakeasy, we are able to explore new
opportunities in
product innovation as well as expand our competitive
advantage."
"As an industry leader in small business voice and data
services, our
partnership with Towerstream delivers on our strategy of
providing a suite
of services for small business customers including wireline
and wireless,"
said Bruce Chatterley, CEO of Speakeasy. "Our expertise in
delivering
integrated voice and data services, our brand and our
excellence in
customer service brings significant value to this
relationship. By bringing
two industry leaders together, we are delivering compelling
communications
alternatives to big Telco solutions."
Towerstream's Seattle customers have a range of bandwidth
options to
choose from, including T1, T3, 100 and 1000 Mbps connections
as well as
service reliability backed by an industry-leading Service
Level Agreement
(SLA) and a no-risk, money-back guarantee. Towerstream's fixed
wireless
broadband network delivers high-speed Internet access
supporting VoIP,
bandwidth on demand, wireless redundancy, VPNs, disaster
recovery, bundled
data, and video services. Companies utilizing multiple
appliances
simultaneously, such as streaming video and VoIP, can
prioritize their
bandwidth to secure mission-critical activities. In addition
to Seattle,
Towerstream currently serves businesses of all sizes in New
York, Chicago,
Los Angeles, Boston, San Francisco and Providence/Newport.
Towerstream also offers a Rapid Installation Program which
guarantees
installation within 48 hours. For a map of the regions covered
by
Towerstream's service, please visit towerstream.com/areas.asp.
About Towerstream
Towerstream is a leading fixed wireless service provider in
the U.S.,
delivering high-speed Internet access to businesses. Founded
in 2000, the
company has established pre-WiMAX networks in such markets as
New York
City, Los Angeles, Chicago, San Francisco, Seattle, the
greater Boston,
Providence and Newport, R.I. areas, and continues to expand
coverage
throughout the country. The company was the first carrier
selected to join
the WiMAX Forum to assist leading vendors in establishing
industry
compliance with international broadband wireless access
standards and
cross-vendor interoperability. For more information on
Towerstream, please
visit their website at: http://www.towerstream.com.
About Speakeasy
Speakeasy, one of the nation's largest independent broadband
services
providers is focused on meeting the voice, data, and IT needs
of smaller
businesses. Speakeasy manages its own private fiber-optic
national network,
ensuring fast connections, low latency, and an unparalleled
degree of
security and protection from the public Internet. Speakeasy
offers a full
range of innovative services, including Voice over IP (VoIP),
Managed
Hosting and Colocation, OneLink(TM) dedicated DSL, Business
Class T1 and
multiple business-grade connectivity options. Customers rave
about the
personalized and highly competent support they receive from
Speakeasy's
Seattle-based customer service team. Speakeasy's services are
available in
most metropolitan areas within the 48 contiguous United
States.
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 have been correct.
Consequently,
future events and actual results could differ materially from
those set
forth in, contemplated by, or underlying the forward the
forward-looking
statements contained herein. The company undertakes no
obligation to
publicly release statements made to reflect events or
circumstances after
the date hereof.SOURCE
Towerstream
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