Globix Appoints Peter L. Herzig as Senior Vice President and Chief Operating Officer of its Application Services Group Internet Data Center in Central London

NEW YORK – October 25, 2000

NEW YORK – NY, Internet World Fall 2000 – October 25, 2000 – Globix Corporation (NASDAQ: GBIX),today announced a new addition to its senior management team with the hiring of Peter L. Herzig,who becomes Senior Vice President of Globix and Chief Operating Officer of its Application ServicesGroup. The Globix Application Services Group is comprised of the Streaming Media, NetworkSecurity, GlobixMail and EarthCache business units, as well as other value-added applicationservices.Mr. Herzig comes to Globix from iWon.com, the top-rated destination portal and a Globix customer,where his responsibilities included managing iWon’s relationship with Globix. Previously, Mr.Herzig was a Senior Managing Director and Head of Global Capital Markets Services for Bear,Stearns & Co., where he provided strategic capital-structure advisory services to a broad spectrumof domestic and international clients, including many new media technology companiesexperiencing tremendous growth with the expansion of the Internet economy.In the nine years prior to that, Mr. Herzig served as Vice President and Head of the LiabilityManagement Group at Goldman Sachs. There, he managed the global business that providedliability-management services for corporate and governmental clients from the United States andabroad.’I am excited by the challenge of leveraging the strength of the Globix Internet Data Centers andsuperior global network to provide value-added services for both existing and new Globix clients,’Mr. Herzig said. ‘Globix has earned an industry-wide reputation for high-quality, reliable Internetinfrastructure services. I look forward to expanding the Applications Services Group to incorporate abroader suite of managed product offerings.”With his experience in managing complex multi-billion-dollar transactions and his understandingof the Internet marketplace, Peter brings to Globix more than 15 years of both general managementexperience and project management skills,’ said Marc H. Bell, chairman and CEO of Globix. ‘We’revery excited to welcome Peter on board.’Mr. Herzig, a New York City native, received an MBA from the Columbia Business School and a BAfrom Dartmouth College. He recently ended a five-year volunteer term as the president of the boardof directors for the non-profit Birch Rock Camp Corp., a summer camp in Maine.

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.