Globix Chosen as Windows Media Technologies Provider of the Month

NEW YORK – October 8, 1998

NEW YORK, NEW YORK, October 8th, 1998 – Globix Corporation (NASDAQ: GBIX), a leading Internet Service Provider and one-stop supplier of total Internet solutions for businesses and Windows Media Technologies provider has been selected by Microsoft Corporation (NASDAQ: MSFT) as the service provider of the month for October, 1998. Microsoft carefully reviews the quality of streaming broadcasts produced by Windows Media Technologies providers (formerly NetShow Service providers) and their ability to integrate Windows Media Technologies-based solutions. Each month, one company is selected and offered recognition for its ability to broadcast live and on-demand streaming media content with Windows Media Technologies.

Globix Corporation’s recent broadcasts of high-traffic Web events ­ such as the Clinton Grand Jury testimony for CBS and the Ironman competition – combined with the expertise of the Globix Streaming Media Group made Globix a prime choice to be selected as the service provider of the month.

The Globix Streaming Media Group is extremely pleased by the award; since their work takes place behind the scenes, it can be easily overlooked. Dan Rayburn, Manager of the Globix Streaming Media Group Worldwide said, ‘Our job is not to be noticed. We create broadcasts with a seamless flow of information from the live event to the screens of Web-viewers. The ability to produce this level of service by stream hosting with Windows Media Technologies like NetShow Services is very important to us. We’re happy our level of expertise was recognized and that we can provide the exceptional Windows Media Solutions to our clients.’ The Globix Streaming Media Group was created to enhance the level of Globix streaming solutions. The exceptional background of group’s members ensures innovative, quality solutions for live net events.

‘Globix is a top provider of Windows Media Services for both Internet and intranet customers,’ said Gary Schare, lead product manager, Microsoft Corp. ‘Globix has done a great job of supporting leading customers of Windows Media technologies like CNBC/Dow Jones Business Video and also did an outstanding job providing additional bandwidth to customers of Windows Media Technologies for the Clinton videos. We are pleased to make Globix the service provider of the month and look forward to working closely with them on other compelling projects like the Ironman event.’

The selection of Globix by Microsoft exemplifies the quality and innovative solutions that Globix Corporation offers. The recognition also reflects the ways in which Globix is expanding to provide customers with a one-stop answer to all their Internet needs. Part of the Globix expansion includes the opening of new data centers in California and London, heralding the beginning of worldwide service.

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.