Timessquare2000.com partners with Globix to Provide Total Entertainment Infrastructure to the Official Millennium Site

NEW YORK – December 20, 1999

Globix Corporation (NASDAQ:GBIX) and TimesSquare2000.com have joined forces to bring a 24-hour live Webcast of the Times Square New Year’s Eve celebration directly to the world.

Internet users from around the world who log onto www.timessquare2000.com will see all the activity at this gala celebration, including the traditional lowering of the Times Square ball, live from New York City. Over 40 million people are expected to visit the site in the days leading up to the event and over 50 million people are expected to visit the site on New Year’s Eve and Day.

Globix is providing TimesSquare2000.com with every aspect of their Internet infrastructure including: Supplying the Internet servers and software that will operate the Web site and network The architecture, integration, testing and installation of the equipment and network Co-location of those servers in the Globix New York City, Santa Clara, CA and London, UK SuperPOPs Streaming media production for the Webcast of the festivities 24 x 7 monitoring, management and backup of the Web site, both before and after January 1st

‘Globix, shared our vision of a site that would connect the world on this momentous occasion. Through dedication and hard work, Globix was able to get TimesSquare2000.com up and running in a minimal amount of time,’ said Renata McGriff, Founder and CEO, TimesSquare2000.com. ‘With millions of visitors expected to visit the site, we are confident that we can efficiently handle the Internet traffic and provide our visitors with a revolutionary entertainment hub on the Internet.’

The Globix Rapid Response Team was deployed to design and integrate a technology solution for Times Square 2000 and to have the site and network up and running in a matter of days. This new Rapid Response Team is part of the Application Services department at Globix. The team offers a premium service and provides accelerated engineering and rapid assembly of a Web site and its associated equipment.

‘We are proud that TimesSquare2000.com chose Globix. The trust they showed in our people validates their hard work and shows that companies want Globix to provide a one-stop solution for their sophisticated Internet needs,’ said Marc H. Bell, Chairman and CEO of Globix Corporation. ‘TimesSquare2000.com put their company in our hands and gave us a very tight schedule in which to deliver. Where other companies failed Globix stepped up and met the challenge. Our staff executed professionally and swiftly to help our client put their business and network online in a matter of days, I have nothing but the highest praise for all of those involved.’

Dedicated to encompassing all aspects of the celebration, TimesSquare2000.com will also feature a virtual concert, message boards, live chats, an online auction, exclusive TimesSquare2000.com merchandise and much more. Following the New Year, TimesSquare2000.com will morph into TimesSquareAlive.com, New York’s premier entertainment and information resource.

‘With over 90 million expected visitors to their Web site, TimesSquare2000.com will make history as one of the biggest corporate launches in history. People from around the world will be able to visit this ‘virtual’ Times Square, that will let them experience one of the most exciting and energetic parts of the ‘City That Never Sleeps,” continued Bell. ‘Globix is providing the continued management for this cutting-edge site and is proud to also be a sponsor.’

The Globix Streaming Media Group is providing a complete solution for the TimesSquare2000.com Webcast. Using both Microsoft’s streaming media platform, Windows Media and RealNetworks G2, Globix will encode the broadcast for a range of Internet connection speeds and provide a worldwide audience with access to this once-in-a-lifetime event. Globix will provide a one-stop service that encompasses live encoding, hosting the streams in the Company’s state-of-the-art Internet Data Centers and broadcasting over the Globix streaming server farm and network.

TimesSquare2000.com

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.