HILLSIDE, N.J. December 21, 2006 –Glowpoint, Inc. (OTC:GLOW.PK), a  leading broadcast-quality, IP-based managed video service provider, announced and ), that a global financial services company has contracted with Glowpoint for managed video services at six locations in the U.S., one in Canada, and eight overseas in U.K., Sydney and Melbourne (Australia), Hong Kong, Madrid, Israel, Ireland, and Tokyo. The customer is a specialized brokerage firm that partners with clients globally to provide innovative solutions spanning the entire trading process. The firm is headquartered in New Yorkand maintains offices in North America, Europe , and the Asia Pacific regions.

This customer had determined they wanted to find a service provider that didn’t just offer bandwidth. Like many customers, this firm initially had four locations on a paid-pilot basis and decided to expand after experiencing the high-quality and superior service offered by Glowpoint. The decision to expand was accelerated due to a very positive experience by the firm’s senior executives during random video calls earlier this month. The executives were able to easily connect video calls and conduct meetings using Glowpoint’s service, prompting them to approve a full rollout.

 “This was a particularly satisfying win, because we went head-to-head against some major global network providers during the RFP process,” said Joe Laezza, Glowpoint’s Chief Operating Officer. “In the end, the customer elected a comprehensive solution that provided a completely managed video service, not just network bandwidth. Glowpoint’s suite of services, bundled with our ability to deliver a high-quality network on a global basis, continues to be a winning combination.”

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