Globix Teams with Intel, RealNetworks and Compaq to Bring the Digital Club Festival Online

NEW YORK – July 22, 1999

Globix Corporation (NASDAQ: GBIX) today announced that it has joined with Intel, RealNetworks and Compaq, sponsors of the Digital Club Festival www.digitalclubfest.com to help bring concert-goers and music lovers an online destination to watch and listen to the world’s largest online music event.

The Digital Club Festival, which takes place July 20-23 and features more than 300 bands performing throughout 20 Manhattan nightspots, has chosen Globix to provide high-speed Internet access to the venues. Globix will also provide co-location for the www.digitalclubfest.com Web site, as well as the connectivity to the site and the re-casting of the video streams using Real G2 software from RealNetworks.

‘Globix has provided us with many of the technical components that help bring this tremendous event to the Internet,’ said Michael Dorf, co-executive producer of the Digital Club Festival. ‘An event of this size and scope demands a great deal of coordination and the team at Globix was able to meet our requirements.’

‘Being personally involved with the event and its producers over the years, I have watched this festival grow into the largest online music festival in the world. To see it become what it is today, the premier online showcase of both new talent and the latest technology, is very exciting,’ said Dan Rayburn, Worldwide Manager, of the Globix Streaming Media Group. ‘Streaming media projects of this magnitude are an integral part of the end-to-end solutions that Globix can provide to businesses throughout the U.S. and the major business centers of Europe.’

About the Digital Club Festival

Now in its fifth year, The Digital Club Festival, formerly known as the Intel New York Music Festival, is considered the largest online music event in the world. The four-day event combines the excitement of live music with cutting edge interactive technology. Producers Andrew Rasiej, founder of Irving Plaza, and Michael Dorf, creator and owner of The Knitting Factory, have assembled a broad range of talent performing throughout 20 of Manhattan’s hottest nightspots

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.