MIDDLETOWN, R.I., Dec. 7, 2011 (GLOBE NEWSWIRE) -- Towerstream Corporation (Nasdaq:TWER), a leading 4G service provider and Wi-Fi network operator, and 8coupons, the largest consumer portal for local deals and daily deals, today announced a partnership to offer geo-targeted daily deals through Towerstream's Manhattan Wi-Fi network.
New Yorkers who are looking to gain free Wi-Fi access can do so while also discovering a nearby surprise offer from 8coupons' inventory of over 50 daily deal providers in Manhattan such as LivingSocial, Groupon, KGB Deals, Gilt City, LifeBooker, Zozi and many more. Visitors simply log-on to view the surprise daily deal, and enjoy the remainder of their Wi-Fi experience, interruption free.
"Towerstream believes 8coupons is an ideal partner in our strategy to monetize our carrier class Wi-Fi network in Manhattan," says Peter Clifford, Director of Wi-Fi Business Solutions at Towerstream. "Geo-targeted deals from 8coupons combined with our advanced network, makes for an exciting fit, especially for Manhattan users who crave connectivity and who are passionate about their pursuit to find the best deals."
"Not only are we providing free public Wi-Fi, we are also connecting New Yorkers to great deals within walking distance to where they are at that exact moment," says Matt Moskowitz, Director of Marketing at 8coupons. "Log on, check your email, and then buy a 50% off sushi deal around the corner."
Towerstream offers the largest and fastest Wi-Fi network in Manhattan which today includes over 1000 hot spots. 8coupons customers will be able to access the extensive network through their smart phones, tablets, and notebooks.
Towerstream also offers its Wi-Fi network to mobile operators as a handoff solution to alleviate network congestion as well as additional retail/daily deal providers and Wi-Fi operators. It is designed to have a minimum of 200 Mbps of available bandwidth per Hotspot.
For more information please email dailydeals@towerstream.com or visit www.towerstream.com/DailyDealDistribution.aspx.
About 8coupons
8coupons is the largest consumer portal for discovering, buying, managing, and creating daily deals and other local non-daily deals in the U.S. 8coupons' network of 500,000 live, geo-targeted offers come from partners such as Gilt City, Living Social, Restaurant.com, Groupon, plus 4,000 other sources. 8coupons collects deal information from just about everywhere to provide its users the best deals available.
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 over 12 markets including New York City, Boston, Los Angeles, Chicago, Philadelphia, the San Francisco Bay area, Miami, Seattle, Dallas-Fort Worth, Nashville, Las Vegas-Reno and the greater Providence area where the Company is based. In 2011, Towerstream launched its Manhattan Wi-Fi network geared towards mobile operators, retail/daily deal providers and Wi-Fi operators. 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.