Covad Communications Group, Inc. (AMEX:DVW), a leading national provider of integrated voice and data communications, announced today that it has renewed its wholesale partner agreement with Glowpoint, Inc., a nationwide provider of broadcast quality, IP-based managed video services. A Covad wholesale partner for eight years, Glowpoint will utilize Covad SDSL, T1 and Voice-Optimized Access (VOA) as a platform to deliver award-winning video conferencing solutions to its small and medium business (SMB) customers. �The renewal of our partnership with Glowpoint is a validation of Covad�s market strength and leadership in providing high-quality wholesale services to customers with a diverse range of needs,� said Lisa Graham, general manager of wholesale services for Covad. �Covad�s reliable, nationwide network is able to meet increasing customer demand for the higher bandwidth needed to run these advanced, next-generation video applications.� �Covad is a key partner of ours and provides us with a strong portfolio of products,� said Joe Laezza, Glowpoint COO. �Partnering with Covad enables Glowpoint to distribute its anytime, anywhere video collaboration services with unlimited usage to our business customers across the country.� Supported by Covad�s SDSL, T1 and VOA services, Glowpoint is able to provide its customers with a vast portfolio of managed video solutions, including videoconferencing, bridging, technology hosting and IP-broadcasting services -- all of which require high quality IP connectivity to ensure a consistent customer experience. Glowpoint uses Covad services to connect and deploy its video applications in all cities served by Covad�s nationwide, facilities-based network. Covad�s SDSL service, with speeds of up to 1.5 Mbps, provides business-class internet connection for small and medium businesses with mission critical operations such as Web and e-mail servers, network applications and video solutions. For larger businesses that demand higher bandwidth, Covad T1 is offered at download data speeds of up to 3.0 Mbps, with flexible IP addressing and a dedicated support team. Providers who are looking to reduce overall costs and to differentiate their voice offerings from that of competitors benefit from Covad�s VOA service, which minimizes packet loss and maximizes network utilization. VOA is available with all forms of Covad access products, including T1, SDSL, and dedicated ADSL. Covad is the �easy to do business with� choice for partners who benefit from the company�s streamlined provisioning and ordering systems, scalable, cost-efficient support infrastructure, and nationwide, facilities-based network. Covad has the nation�s largest ADSL2+ network and offers partners a broad portfolio of DSL and T1 services, including bonded T1, as well as line-powered voice access. For more information on becoming a Covad partner, visit www.covad.com/partners/join.html. About Covad Covad is a leading nationwide provider of integrated voice and data communications. The company offers DSL, Voice Over IP, T1, Web hosting, managed security, IP and dial-up, wireless broadband, and bundled voice and data services directly through Covad's network and through Internet Service Providers, value-added resellers, telecommunications carriers and affinity groups to small and medium-sized businesses and home users. Covad broadband services are currently available across the nation in 44 states and 235 Metropolitan Statistical Areas (MSAs) and can be purchased by more than 57 million homes and businesses, which represent over 50 percent of all US homes and businesses. Corporate headquarters is located at 110 Rio Robles San Jose, CA 95134. Web Site: www.covad.com. Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: The foregoing contains "forward-looking statements" which are based on management's current information and beliefs as well as on a number of assumptions concerning future events made by management. Examples of forward-looking statements include expectations regarding Glowpoint�s expected sales of Covad services and Covad�s ability to meet increasing customer demand for the higher bandwidth needed to run advanced, next-generation video applications. Readers are cautioned not to put undue reliance on such forward-looking statements, which are not a guarantee of performance and are subject to a number of uncertainties and other factors, many of which are outside Covad's control that could cause actual results to differ materially from such statements. These risk factors include our ability to rapidly expand and deploy these services, changes in Glowpoint�s strategy and changes in technologies, among other risks. For a more detailed description of the risk factors that could cause such a difference, please see Covad's 10-K, 10-Q, 8-K and other filings with the Securities and Exchange Commission. Covad disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. This information is presented solely to provide additional information to further understand the results of Covad.
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