Media Contact:
Christopher Welch
Glowpoint, Inc
(866) 456-9764, ext 2002
Glowpoint Lands Fourth Major Sports Network
Glowpoint sees continued growth in the Broadcast Sector
HILLSIDE, NJ. October 11, 2006 --
Glowpoint, Inc. (OTC:GLOW
.PK), a leading broadcast-quality, IP-based video managed service provider,
announced that it has been selected by a fourth major sports network to provide
its IP-based “video-centric” network to acquire content from remote locations. Glowpoint
will enable live and recorded interviews of players, coaches and other personalities
in and around college sports for use on national TV.
The deal covers colleges in the Northeast, with potential to expand to conferences
around the country.
Glowpoint also indicated that it continues to see growth in the broadcast sector.
Glowpoint began focusing on the broadcast sector in 2005 and has seen consistent
growth from this space and is projecting broadcast related revenue to grow by approximately
45% in 2006.
“This marks the second college-related broadcast
deal in two months,” said Michael Brandofino, Glowpoint’s President and CEO. “With
over 20 football conferences and numerous sports stations owning the various rights
to the content, we see this as fertile ground for growth and will continue to focus
on driving new revenue in this space.”
Glowpoint provides IP-based broadcast solutions for national networks and cable
TV providers that enable on-demand broadcasting, with always-on exclusive video
network connectivity that reduce transport costs by up to 80 percent as compared
to traditional satellite feeds.
About GlowPoint Glowpoint, Inc. (OTC:GLOW.PK)
) is the world’s leading broadcast quality, IP-based video
communications service provider. GlowPoint offers video conferencing,
bridging, and IP broadcasting services to enterprises, SOHOs, broadcasters, and
consumers worldwide. The Glowpoint network spans four continents and carries -
on average - more than 60,000 video calls per month worldwide. Glowpoint is
headquartered in Hillside, New Jersey. To learn
more about Glowpoint, visit us at
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 the our filings with the Securities and
Exchange Commission.