Globix Announces Major U.S. and Transatlantic Network Upgrades

NEW YORK – April 27, 2000

As part of its recently announced network expansion plans, Globix Corporation (NASDAQ: GBIX), a leader in advanced Internet data center services,high-speed access, and streaming media solutions for businesses, today announced that it has purchased additional network capacity from multiple vendors.

Globix has acquired a 2.5Gbps optical wavelength and multiple STM-1 transatlantic circuits that give the Globix network capacity in excess of 14Gbps. The network will extend to eight cities: London, New York, Boston, Chicago, Washington D.C., San Francisco, Seattle and Los Angeles.

‘This agreement provides Globix bandwidth capacity for U.S. and transatlantic market expansion that includes construction of new SuperPOP Internet Data Centers in Los Angeles, Seattle and Boston, as well as additional facilities in New York, Santa Clara and London,’ said Marc H. Bell, Chairman and CEO of Globix. ‘We’re planning ahead for the increased traffic these new SuperPOPs will generate. Customers choose Globix for both the quality of our SuperPOP facilities and the performance of our advanced, high-speed network. By securing this upgrade in our capacity, we can guarantee that performance.’

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.