Media Contacts:
Christopher Welch Geof Becker
Glowpoint, Inc. Tepper School of Business, Carnegie Mellon
(866) 456-9764, ext. 2002 (412) 268-3486
pr@glowpoint.com gbecker@andrew.cmu.edu
www.glowpoint.com www.tepper.cmu.edu

 

 

Tepper School of Business Selects Glowpoint

Multi-year deal supporting delivery of remote MBA programs to leading corporations



HILLSIDE, N.J. September 12, 2007 Glowpoint, Inc. (OTC:GLOW.PK), a premiere broadcast-quality, IP-based managed video service provider, today announced that the Tepper School of Business at Carnegie Mellon University has selected Glowpoint for their FlexMode MBA Program to facilitate multi-point video classroom sessions to employees of some of the countrys leading corporations.

 

The three-year agreement provides the Tepper School with a solution that leverages Glowpoints IP network services, which will be installed at the Tepper Schools main campus in Pittsburgh, and will provide access to video systems at corporations throughout the U.S. via Glowpoints Global ISDN gateway and multi-point conferencing services.

 

 We hold approximately 40 distance learning video sessions a month during a semester, and are continuing to expand our FlexMode program to make it easier for employees at leading corporations to earn their MBA, said Susan Rostek, the associate director of distance education at the Tepper School. Glowpoint put together a service and pricing model that will make it easier for us to support and expand our program while at the same time significantly reducing our monthly expenses.

 

Offered since 1996, the Tepper Schools FlexMode MBA Program is a real-time, live interactive program that allows students to earn their MBA from the convenience of their company conference rooms. The three-year program is identical to the two-year, full-time program offered at the Tepper Schools Pittsburgh campus, featuring the same faculty, courses, homework assignments, and exams, yet participants are able to continue their jobs while pursuing their MBA. The corporate site benefits by not losing the talents and services of valuable employees. The investment of the companies in their employees and the earning power of those employees are protected, and the program helps the employer gain the most from their investment.

 

The Tepper School delivers its FlexMode MBA program to corporations such as: United Technologies Corporation in East Hartford, CT, and San Diego; Lockheed Martin Company in Fort Worth, TX, and Sunnyvale, CA; Cisco Systems in San Jose, CA; and the Goldman Sachs Company in Salt Lake City.

 

 We have been striving to position Glowpoint with customers for whom video is a critical component of their business, said Joe Laezza, COO for Glowpoint. This is a great example of Glowpoint leveraging various aspects of its managed video services in support of Teppers FlexMode MBA distance education program. Not only are we saving them money, but we are delivering solutions that enhance the video experience for future business leaders.

 

 

About Glowpoint

 

Glowpoint, Inc. (OTC:GLOW.PK) is a premiere broadcast-quality, IP-based managed video service provider. Glowpoint offers videoconferencing, bridging, technology hosting, and IP-broadcasting services to a vast array of companies, from large Fortune 100 enterprises to small and medium-sized businesses. Glowpoints managed video services are available bundled with Glowpoints quality-network offering or as a value-added managed video service across other networks. Glowpoint is exclusively focused on quality two-way video communications and has been supporting millions of video calls since its launch in 2000. Glowpoint is headquartered in Hillside, New Jersey. To learn more about Glowpoint, visit www.glowpoint.com.

 

 

About the Tepper School

 

The Tepper School of Business at Carnegie Mellon consistently ranks among the top business schools in the world. In 2006, The Wall Street Journal ranked the Tepper School third among the top MBA programs in the nation.

 

 

 

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.