Chooses Telepresence interExchange Network (TEN) to Communicate With Subsidiaries, New Acquisitions, and Other Businesses Worldwide
HILLSIDE, N.J. Dec. 3, 2009 - Glowpoint, Inc. (OTCBB: GLOW), a leading provider of advanced video communications solutions, today announced that a global consumer goods holding company has now migrated virtually all of its video conferencing systems from ISDN to IP on Glowpoint’s Telepresence interExchange Network (TEN). Glowpoint’s managed services and conferencing services for the client, in combination with TEN, yield average monthly recurring revenues of nearly $30,000.
The client, whose name has been withheld due to confidentiality requirements, acquired two companies within the past two years, and selected Glowpoint to assist in managing video communications between the acquired companies and the client’s corporate headquarters. The customer utilizes Glowpoint’s TEN and managed services for internal and external business communications, as well as to conduct research and training sessions from its global research more