MURRAY HILL, N.J., Aug. 16, 2012 /PRNewswire/ -- Glowpoint, Inc. (NYSE MKT: GLOW), a leading global provider of cloud managed video services, today announced that Steven Peri, a former executive at Tandberg and Cisco, will join the company as Executive Vice President and General Counsel, starting September 4, 2012.
"Steve will play a key role at Glowpoint supporting legal and HR related functions, and he will be a key contributor to our corporate strategy and development initiatives, as part of the senior executive council," stated Joe Laezza, president and CEO of Glowpoint. "He is joining the company as we focus on accelerating growth and building on our momentum to capture market share for cloud and managed services for video communications. We are thrilled to have Steve on board and look forward to his contributions."
Peri comes to Glowpoint with a strong history in the videoconferencing and telepresence industry. He has served as General Counsel-Telepresence at Cisco where he oversaw the worldwide legal aspects of that business, including sales support, management of intellectual property, and all contract matters. Prior to this, he served as Senior Vice President General Counsel at TANDBERG where he was a member of the senior management team, which led the company through rapid growth and change,culminating with Cisco acquiring the company in 2010.
"Glowpoint is uniquely situated to take advantage of the substantial changes now taking place in the video conferencing industry," stated Peri. "I am very pleased to have the opportunity to join the Glowpoint management team at this exciting time in the evolution of the company."
Prior to his time at Cisco and TANDBERG, Peri held senior legal positions at two Fortune 500 companies and was a partner in a New York area law firm private practice where he represented a large number of privately held and foreign-based companies in their US legal affairs. Peri holds a JD degree from the University of Pennsylvania law school and an AB in History, cum laude, from Princeton University.
Glowpoint, Inc. (NYSE MKT: GLOW) provides cloud managed video services that make the delivery of consistently high-quality videoconferencing 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.
Forward looking and cautionary statements
The information in this release may contain statements that 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 communications services; the non-exclusive and terminable-at-will nature of sales agreements; rapid technological change affecting demand for our services; competition from other video communication 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. We make no representation or warranty that the information contained herein is complete and accurate; we have no duty to correct or update any information.