Globix to Report Fiscal 2001 Results, Conference Call to Be Rescheduled

NEW YORK – December 19, 2001

NEW YORK — December 19, 2001 — Globix Corporation (NASDAQ: GBIX) today announced it plans to release its fiscal 2001 financial results by the required filing date and will reschedule a conference call originally planned for today.

The Company now anticipates it will host a call in which it will discuss its fiscal 2001 financial results by the end of the calendar year, with call details to be released as they become available. The Company apologized for the delay and intends to issue its full financial results in a timely manner.

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.