Globix Schedules Conference Call to Discuss Fiscal First Quarter 2001 Results

NEW YORK – January 16, 2001

Globix Corporation (Nasdaq: GBIX) has scheduled a conference call to discuss its fiscal first quarter 2001 financial results. The call will take place at 5:00 p.m. Eastern Standard Time (2:00 p.m. Pacific Standard Time) on Thurs., Jan. 25, 2001, and will be led by CEO Marc H. Bell and Chief Financial Officer Brian Reach.

To participate in the teleconference, please call 1-703-871-3619 at least 15 minutes before the conference is to begin.

A replay of the call will be available between 8 p.m., Jan. 25, 2001, and Feb. 1, 2001. To listen to the replay by phone, call 1-703-925-2533 and enter 4922757# at the prompt for an access code.

A live Webcast will also be available at www.globix.com and will be archived for on-demand replay.

About Globix

Globix is a leading provider of advanced Internet hosting, network and applications solutions for business. Globix delivers services via its secure state-of-the-art Internet DATA Centers, its high-performance global backbone and content delivery network, and its world-class technical professionals. Globix provides businesses with cutting-edge Internet resources and the ability to deploy, manage and scale mission-critical Internet operations for optimum performance and cost efficiency.

This press release contains forward-looking statements relating to the Company’s or management’s intentions, beliefs, expectations or predictions for the future. Such forward-looking statements are subject to a number of risks, assumptions and uncertainties that could cause the Company’s actual results to differ materially FROM those projected in the forward-looking statements. These risks, assumptions and uncertainties include the ability to finance the operations and complete the planned expansion of our facilities and network; our reliance on the growth of the Internet and e-commerce; our success against competitors with significantly greater resources; and other risks listed under the heading of Risk Factors in the Company’s filings with the Securities and Exchange Commission.