Globix Opens $50MM Internet Data Center in New York

NEW YORK – June 14, 1999

NEW YORK, NEW YORK, June 14, 1999 – Globix Corporation (NASDAQ: GBIX), a leading provider of Internet connectivity and sophisticated Internet-based solutions for large and medium size businesses, announced the opening of its worldwide headquarters and state-of-the-art Internet Data Center. The opening of this facility, combined with the recent rollout of the Globix fiber-optic network enhances Globix Corporation’s capacity to provide sophisticated Internet solutions and value-added professional services in the United States.

Located at 139 Centre Street, in the heart of Silicon Alley, the new Globix facility offers ten floors and 160,000 square feet of space, specially designed for deploying high-performance Internet solutions such as Dedicated Access, Co-location and Web Hosting and value-added professional services,

The 24,000 square foot raised-floor Internet Data Center (IDC) is a state-of-the-art facility with redundant electrical distribution and precision environmental controls units, a main and reserve FM-200 fire-suppression system, a 24 x 7 Network Operations Center, biometric access, CCTV, and is serviced from multiple telecommunications carriers with diverse fiber entries into the structure. The new IDC features Cisco Systems equipment with n+1 redundancy from the core to the edge.

12,000 square feet of the new facility is dedicated to the support of the Internet Data Center which houses multiple Uninterruptible Power Supply (UPS) systems and is backed up by redundant emergency diesel generators.

The Company’s New York Internet Data Center will take advantage of the fault-tolerant, fiber-based Globix network and use it to provide business customers with high-speed connections to the Internet. Running in a ring topology around the United States, the network will connect the New York facility to the Globix Internet Data Center in Santa Clara, CA and to public and private peering points around the country.

Marc H. Bell, President and CEO of Globix Corporation said, ‘I’m very proud of the facilities and network that we’ve been building. The opening of our New York facility, our worldwide headquarters, marks the first phase of our plans to construct a global network that provides businesses worldwide with an exceptional level of service they can count on.’

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.