MIDDLETOWN, R.I., Sept. 15, 2016 (GLOBE NEWSWIRE) -- Towerstream Corporation (NASDAQ:TWER), a leading Fixed-Wireless Fiber Alternative company, announces Ernie Ortega will be expanding his role with the company. Ernie will assist the company as a consultant focusing on Towerstream's sales and marketing strategy. Ernie is formerly CRO at Cogent Communications and most recently CRO at Colt and presently is an advisor to Towerstream. He will work in the Company’s Middletown, RI corporate offices where he will work closely with Towerstream's sales and marketing teams.

Management Comment

“Ernie has delivered to both Cogent and Colt meaningful and steady sales increases,” stated Philip Urso, Interim Chief Executive Officer. “He sees the opportunity for increased penetration using our massive Fixed-Wireless network above major cities in the US.”

“I have been following Fixed-Wireless closely. It is clear that it has reached parity with fiber, and is superior to fiber in cost and speed to install. I am excited about the possibilities,” stated Mr. Ortega. “I see incredible potential to penetrate existing markets and grow the company’s revenue rapidly with a speed and cost fiber just cannot match.”

About Towerstream Corporation

Towerstream Corporation (NASDAQ:TWER) 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.