Towerstream Opens Second Sales Center Location
April 13 2015 - 8:00AM
Towerstream Corporation (Nasdaq:TWER), a Fixed Wireless Fiber
Alternative provider, announced the opening of a second sales
center location in Southern Florida, one of the fastest growing
areas of the country. The Company has initially hired two sales
managers and nine account executives, and plans to increase the
number of account executives to approximately twenty by the end of
the year.
"South Florida has become a hub for telecommunication companies
and call centers, which gives Towerstream access to a talent pool
with an impressive level of experience and success in the
industry," stated Matthew Tooker, Vice President of Sales. "Our
recently launched service offering of 100 Mbps of bandwidth for
$699 per month continues to garner traction and we believe that our
new sales team will help drive that growth higher over the balance
of 2015."
"Talented sales professionals are always hard to find and we are
excited to welcome our new employees to the Towerstream
organization," noted Joseph Hernon, Chief Financial Officer. "The
cost of opening our new sales office was relatively modest but has
significantly strengthened our best-of-class sales and marketing
organization."
About Towerstream Corporation
Towerstream Corporation (Nasdaq:TWER) is a leading Fixed
Wireless Fiber Alternative company delivering high-speed Internet
access to businesses. To date the company offers its 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 building owners and property
managers a redundant and reliable dense urban network that directly
connects with Towerstream's fiber backbone. On-Net building tenants
have access to 100 Mbps of dedicated, symmetrical Internet
connectivity, with a premier SLA, for an industry-leading price of
$699/month. For more information on Towerstream services,
please visit www.towerstream.com and/or follow us @Towerstream.
The Towerstream Corporation logo is available at:
http://www.globenewswire.com/newsroom/prs/?pkgid=6570
About HetNets Tower Corporation
HetNets Tower Corporation ("HetNets") was formed in January 2013
as a wholly owned subsidiary of Towerstream Corporation
(Nasdaq:TWER), and offers a neutral host, shared wireless
infrastructure solution, either independently or as a turnkey
service. Its wireless communications infrastructure is available to
wireless carriers, cable and Internet companies in major urban
markets where the explosion in mobile data is creating significant
demand for additional capacity and coverage. HetNets offers a
carrier-class Wi-Fi network for Internet access and the offloading
of mobile data. Its street level rooftop locations are ideal for
the installation of customer owned small cells including DAS, Metro
and Pico cells. Other solutions provided by HetNets include
backhaul, power, and related small cell requirements. More
information is available at http://www.hetnets.com.
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, including, without limitation,
risk related to our ability to deploy and expand small cell rooftop
tower locations in the New York City and other key markets.
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.
CONTACT: INVESTOR CONTACT:
Monica Gould
The Blueshirt Group
212-871-3927
monica@blueshirtgroup.com
MEDIA CONTACT:
Todd Barrish
Indicate Media
917-861-0089
todd@indicatemedia.com
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