Key Developments: Glowpoint Inc (GLOW.A)

GLOW.A on American Stock Exchange

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24 May 2013
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Latest Key Developments (Source: Significant Developments)

Glowpoint Inc Names David Clark As Chief Financial Officer
Monday, 25 Mar 2013 08:30am EDT 

Glowpoint Inc announced the appointment of David Clark as Chief Financial Officer (CFO) effective immediately. Mr. Clark succeeds Tolga Sakman, who resigned as CFO effective March 22, 2013.  Full Article

Glowpoint Inc Names New President And CEO
Monday, 14 Jan 2013 08:30am EST 

Glowpoint Inc announced that its Board of Directors have named Peter Holst President and Chief Executive Officer, effective immediately. It is anticipated that Mr. Holst will also join the Board of Directors. Holst succeeds Joe Laezza , who is stepping down as President and CEO and resigning as a member of the Board. To facilitate a smooth transition, Mr. Laezza will continue to serve as an advisor to Mr. Holst and the Board for the remainder of the first quarter of 2013.  Full Article

Glowpoint Inc Reiterates FY 2013 Revenue Guidance
Monday, 1 Oct 2012 04:01pm EDT 

Glowpoint Inc reiterated its previous fiscal 2013 guidance and expects revenue of $40 million.  Full Article

Glowpoint Inc Completes Acquisition Of Affinity VideoNet
Monday, 1 Oct 2012 04:01pm EDT 

Glowpoint Inc announced the completion of its acquisition of privately held Affinity VideoNet (Affinity), a provider of public videoconferencing rooms and managed videoconferencing services to professional service organizations globally. Terms of the transaction were not disclosed.  Full Article

Glowpoint Inc Appoints New CFO-Form 8-K
Monday, 27 Aug 2012 10:03pm EDT 

Glowpoint Inc reported in its Form 8-K that on August 22, 2012, the Board of Directors of Glowpoint, Inc. (Company) appointed Tolga Sakman, as the Company’s Chief Financial Officer (CFO) and Senior Vice President, Corporate Development and Strategy, effective August 22, 2012.  Full Article

Glowpoint Inc Issues FY 2013 Revenue Guidance-Conference Call
Tuesday, 14 Aug 2012 04:30pm EDT 

Glowpoint Inc announced that it expect the acquisition of Affinity VideoNet to close this quarter and expect to see fiscal 2013 revenues for the combined business in the range of $40 million.  Full Article

Glowpoint Inc Enters Into Definitive Agreement To Acquire Affinity VideoNet
Monday, 13 Aug 2012 08:30am EDT 

Glowpoint Inc announced that it has entered into a definitive agreement to acquire privately held Affinity VideoNet, a provider of public videoconferencing rooms and managed videoconferencing services to professional service organizations across the world. Glowpoint entered into a definitive purchase agreement to acquire Affinity for a combination of cash, stock and seller's note. The purchase price is composed of $7.75 million cash to be paid at closing; a $2.75 million, two-year seller's note; and the issuance of 2,650,000 shares of common stock, representing slightly less than 10% of Glowpoint's diluted shares outstanding. The transaction is scheduled to close in the current quarter subject to completion of the definitive term loan and revolver loan documents, which will fund the cash portion of the acquisition and provide additional working capital.  Full Article

Glowpoint Inc Appoints Interim Chief Financial Officer-Form 8-K
Thursday, 10 May 2012 09:07pm EDT 

Glowpoint Inc reported in its Form 8-K that on May 9, 2012, the Board of Directors of Glowpoint, Inc. (Company) appointed Tolga Sakman, age 38, as the Company’s interim Chief Financial Officer (CFO), effective immediately. Mr. Sakman will hold such title, in addition to his current responsibilities, until such time as a permanent CFO is appointed.  Full Article

Glowpoint Inc Announces Resignation Of Chief Financial Officer-Form 8-K
Wednesday, 2 May 2012 02:14pm EDT 

Glowpoint Inc reported in its Form 8-K that on April 26, 2012, John R. McGovern, the Company’s Executive Vice President and Chief Financial Officer (CFO), notified the Company that he was resigning effective May 11, 2012 in order to pursue other business opportunities.  Full Article

Glowpoint Inc Secures Contract
Wednesday, 18 Apr 2012 08:30am EDT 

Glowpoint Inc announced that a broadcast network has selected Glowpoint to manage its mission critical telepresence and videoconferencing deployment. Glowpoint is providing its Premium Remote Management services for the broadcasting company, which includes a complete solution for the day-to-day management of video systems and infrastructure via the Glowpoint OpenVideo cloud. This includes proactive remote monitoring, incident and configuration management, helpdesk support, and on-demand trouble ticket and usage reporting. The Premium Remote Management package also includes unlimited conferencing services, utilizing Glowpoint's management system to provide simple scheduling capabilities for participants using different telepresence and conference room systems. The Glowpoint OpenVideo platform will manage conferences from start to finish, including pre-testing, auto call launching, in-call digital monitoring, and optional white glove concierge services.  Full Article

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