Glowpoint, Inc.
Pink Sheets : GLOW

November 08, 2005 08:42 ET

Rudin Management to Introduce GlowPoint's Broadcast Quality Video Conferencing into 'High Tech' Real Estate Portfolio

HILLSIDE, NEW JERSEY--(CCNMatthews - Nov. 8, 2005) -

Flagship "Digital Sandbox" Network Event Center to Highlight GlowPoint's IP-Based Video Services at 55 Broad Street, Home of New York's Silicon Alley

Glowpoint, Inc. (OTC:GLOW.PK), the world's leading broadcast quality IP-based video communications service provider, today announced that Rudin Management has selected GlowPoint to introduce broadcast quality video conferencing services into Rudin Management's New York Information Technology Center located at 55 Broad Street, world renowned as the cornerstone of Silicon Alley and the location for the company's flagship "Digital Sandbox" Network Event Center.

55 Broad Street is recognized across the country and around the world as the center of New York City's technology community, and has long been a facilitator of creativity, global commerce and business. The 30-story, 400,000 square foot office tower offers integrated state-of-the art technologies and houses like-minded technology companies, including Cap Gemini, Nokia, New York Software Industry Association and Con Edison Communications.

The building is also home to the 24,000 square foot Digital Sandbox, the ultimate high-technology event center, which offers advanced conferencing facilities accommodating a diverse range of business and social events. The Digital Sandbox is currently equipped with state of the art capabilities including WiFi, satellite accessibility, single and multi-mode fiber optics and high speed category five copper wire. To match these cutting edge technology capabilities, Rudin Management has chosen to upgrade its existing ISDN video conferencing systems with GlowPoint's broadcast quality, feature-rich IP-based video communications network.

"After seeing GlowPoint's IP-video communications service in action, we quickly understood the fit with our existing cutting edge services offered at 55 Broad Street," said John Gilbert, chief operating officer of Rudin Management. "We look forward to co-marketing with GlowPoint and creating unique packages that extend high-tech solutions to our business customers."

"Rudin Management represents a unique opportunity to partner with a company that understands how technology and creativity can enhance customer relationships. Rudin is recognized as one of the leading property management companies to have successfully embraced the integration of new and innovative technologies that are easy to use into its properties," said David Trachtenberg, president and CEO of GlowPoint.

55 Broad Street will also be the home of the GlowPoint Demonstration facility showcasing the Company's IP-video solution with the industry's leading equipment manufacturers.

About Rudin Management

The Rudin family's commercial and residential real estate holdings rank as one of the largest and most respected privately owned portfolios in New York City. Rudin Management holdings include 10 midtown properties and 6 downtown properties, which are the home of literally thousands of companies across an array of industries. Rudin is a leader in integrating the concept of broadband connectivity into the fabric of all of the organization's commercial and residential real estate holdings, including Three Times Square and 32 Avenue of the Americas, two of the most technologically advanced properties in the world today. Additional flagship buildings include 345 Park Avenue, 80 Pine, 1675 Broadway, 110 Wall Street, One Battery Park Plaza, the NY Merchandise Mart at 41 Madison Avenue and additional Digital Sandbox event centers located at 41 Madison Avenue and the Long Island Technology Center.

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 three continents and has carried over 23 million IP video minutes, with an average of more than 20,000 video calls per month worldwide. GlowPoint is headquartered in Hillside, New Jersey. To learn more about GlowPoint, visit us at www.glowpoint.com.

"GlowPoint" is a registered trademark of Glowpoint, Inc. in the United States and certain foreign countries. All other marks are trademarks or service marks of their respective owners.

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; 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.

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