Message #29 From:
NewsBot Date: October 25, 2006 08:14:00 AM
GLOW News Glowpoint Secures Multi-year Agreement with Global Law Firm
HILLSIDE, N.J.--(BUSINESS WIRE)--Glowpoint, Inc. (OTC:GLOW.PK),
a leading broadcast-quality, IP-based video managed service provider,
announced that it has signed a multi-year agreement with one of the
largest law firms in the world to provide managed video services which
include managed multi-point bridging services and Glowpoint’s
Managed Video Services. Glowpoint also announced that its focus on the
legal sector has yielded positive results and is gaining market share,
with more than 50 top law firms as customers.
"Glowpoint has a proven track record with this latest firm and offers a
solid solution for their video communication needs,”
said Joe Laezza, Glowpoint’s COO. “The
reliability and flexibility of the Glowpoint solution has provided the
firm with simple video collaboration capabilities and this is a key
reason for them to rely upon Glowpoint as a business practice tool.”
The global law firm has thousands of lawyers in more than 60 offices, in
more than 20 countries. The initial agreement covers the use of
Glowpoint's multi-point managed bridging service, as well as Glowpoint’s
quality IP Video Service, at 23 office locations.
“Lawyers are all about billable hours. Our
ability to leverage our patent-pending call control technology, to
restrict calls unless a valid billing code is entered, gives us a huge
competitive advantage,” said Michael
Brandofino, Glowpoint’s president and CEO. “We
are pleased that our efforts and continued focus on the legal space have
resulted in providing solutions in a number of the country’s
top law firms.”
Glowpoint, Inc. (OTC:GLOW.PK) is a world leading broadcast-quality,
IP-based video managed service provider. Glowpoint offers video
conferencing, bridging, technology hosting, and IP broadcasting services
to enterprises, SOHOs, broadcasters, and consumers worldwide. The
Glowpoint network carries an average of more than 60,000 video calls per
month worldwide. Glowpoint is headquartered in Hillside, New Jersey. To
learn more about Glowpoint, visit www.glowpoint.com.
The statements contained herein, other than historical information,
are or may be deemed to be forward-looking statements and involve
factors, risks, and uncertainties that may cause actual results in
future periods to differ materially from such statements. These factors,
risks, and uncertainties include market acceptance and availability of
new video communication services; the nonexclusive and
terminable-at-will nature of sales agent agreements; rapid technological
change affecting demand for our services; competition from other video
communications service providers; and the availability of sufficient
financial resources to enable us to expand our operations, as well as
other risks detailed from time to time in our filings with the
Securities and Exchange Commission.
