DENVER, CO, October 25, 2017 – Glowpoint, Inc. (“Glowpoint” or the “Company”) (NYSE American: GLOW), a managed service provider of video collaboration and network applications, announced today the closing of its previously announced registered direct offering of 2,800 shares of Series B convertible preferred stock for total gross proceeds to the Company of $2,800,000. The shares of Series B convertible preferred stock were sold at a price equal to their stated value of $1,000 per share and are convertible into shares of the Company’s common stock at a conversion price of $0.28 per share.

A shelf registration statement on Form S-3 (File No. 333-209013) relating to the shares of Series B convertible preferred stock offered was declared effective by the Securities and Exchange Commission (the “SEC”) on January 28, 2016.  The offering was made by means of a prospectus supplement and the accompanying prospectus.  Copies of the final prospectus supplement and accompanying prospectus may be obtained by visiting EDGAR on the SEC’s website at

This press release does not constitute an offer to sell or the solicitation of an offer to buy any of these securities, nor shall there be any sale of these securities in any state or other jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or other jurisdiction.