HILLSIDE, N.J. and LONDON -- Wire One Technologies, Inc. (Nasdaq:WONE), a video communications service provider, announced an agreement with Network-I Ltd., a United Kingdom-based IT services group, to jointly market and expand the availability and pricing options for Wire One's award-winning Glowpoint(SM) videoconferencing service in the U.K.

The agreement enables Wire One to provide a more competitive videoconferencing service across the U.K., with an initial focus on the London metropolitan area. Glowpoint service packages now start at $899 per month, compared to initial Glowpoint pricing of $2,000 per month for earlier service packages. Calls within the Glowpoint network, whether to Manchester or across the Atlantic, can be made for the same low price and with the same high quality as calls placed between Glowpoint-connected circuits in the continental U.S. Additionally, installation times for a Glowpoint circuit are now expected to be approximately six to eight weeks, compared to previous installation periods of four to six months under prior Glowpoint service packages.

"Expanding and improving our service coverage in the United Kingdom is an extremely important step in our overall global strategy," said Richard Reiss, Chairman and CEO of Wire One Technologies. "We have already seen the benefit of more competitive pricing and quicker turnaround times, with the number of U.K.-based circuits increasing since the agreement was signed in June 2003. Network-I has dramatically improved our competitive position in this important market."

Sandeep Sharma, CEO of Network-I, remarked, "Until now, we had no way to offer video connectivity to the United States with the same quality of service our U.K. customers have come to expect. Glowpoint's reputation for reliability and innovation made it the only choice for us, since a significant percentage of our customers regularly dial out to the U.S. We can now focus on providing a 'broadcast' quality videoconferencing service from anywhere in the U.K. to any city in the U.S. The agreement places Wire One and Network-I as true leaders in the videoconferencing arena."

As part of the agreement with Network-I, Wire One also announced lower gateway-to-ISDN pricing to most European cities for its U.S.-based Glowpoint customers. An average one-hour 384kps video call through the U.K. to Europe on ISDN will cost most subscribers around $300. The same call placed through Glowpoint gateway services will now cost less than $90.

Wire One Technologies Inc.