Globix Selected by Walmart.com for Internet Services

NEW YORK – March 14, 2001

Globix Corporation (NASDAQ: GBIX) today announced that online retailer Walmart.com has selected Globix to be its hosting provider for the company’s Web site, found at www.walmart.com. Walmart.com is co-located in the Globix state-of-the-art, secure, fault-tolerant Internet Data Center in Santa Clara, Calif. The company also uses Globix network services.

‘The Globix Data Centers and global backbone network are engineered together to enhance performance and reliability for high-traffic Web sites. Our integrated approach to solving complex infrastructure needs makes us the ideal co-location facility for larger e-commerce sites and Fortune 500 companies such as Walmart.com,’ said Marc H. Bell,Chairman and CEO of Globix. ‘We’re very pleased to add the well-known name of Walmart.com to the growing list of retailers who have chosen Globix.’

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.