MURRAY HILL, N.J., Dec. 12, 2011 /PRNewswire/ -- Glowpoint Inc. (OTCBB: GLOW), a leading global provider of cloud managed video services, announced today that the company has been approved for trading of its common stock on the NYSE Amex stock exchange.
The company anticipates the shares of its common stock will begin trading on the NYSE Amex at the opening bell on December 15, 2011, under the stock symbol "GLOW". At the commencement of trading on the NYSE Amex, the stock will no longer be traded on the OTC Bulletin Board (OTCBB) Market.
"We are excited to be part of the NYSE Amex and believe that this transition provides Glowpoint with increased exposure to the global investment community," stated Joe Laezza, President and Chief Executive Officer of Glowpoint. "The up-listing of our public equity is a natural step in the evolution of our company, as we continue to maintain a market leading position for cloud managed video services. We look forward to announcing other key milestones to a more expansive investment audience in the near future."
"We welcome Glowpoint to the NYSE Euronext family of listed companies and to NYSE Amex," said Scott Cutler, Co-Head of U.S. Listings and Cash Execution, NYSE Euronext. "Glowpoint and its shareholders will benefit from superior market quality and technology, a broad array of issuer and investor services, and a partnership with the Company and its shareholders."
Glowpoint, Inc. (OTCBB: GLOW) provides cloud managed video services that make the delivery of consistently high-quality video conferencing and telepresence service as simple as using the internet, between any technology, network and business. Using our OpenVideo™ cloud architecture, Glowpoint enables organizations of all sizes to adopt business-class video easily, scale instantly and collaborate openly, yet securely across technology boundaries – to realize the full value of visual communications. To learn more please visit www.glowpoint.com.
SOURCE Glowpoint, Inc.