Globix Expands Managed Services Suite into Data Backup & Disaster Recovery
NEW YORK – May 27, 2003
New York – May 27, 2003 – Globix Corporation (OTC: GBXX) today announced the expansion of its PartnerPlusSM suite of managed services to include PartnerAssureSM – a new data backup service for mid-sized enterprises concerned about assuring business continuity and disaster recovery. PartnerPlusSM, Globix’s managed services framework launched in late 2002, includes several levels of hands on systems management (PartnerAssistSM) and flexible response time options (PartnerRespondSM). The PartnerPlusSM suite was designed with flexibility in mind and allows enterprises to mix and match options to custom-tailor a managed services solution that meets their budget and their needs. Now, with the addition of PartnerAssureSM data backup, Globix’s managed services framework extends the building blocks of disaster recovery and business continuity to enterprises of all sizes. “Globix has a long history of providing custom data backup solutions for our complex hosted Clients,” said Pete Stevenson, the company’s CEO. “Now, by integrating those custom solutions into our managed services framework we’re able to offer mid-sized enterprises a scalable, affordable way to protect their mission critical data as well.” PartnerAssureSM provides Globix Clients with several tape backup options, data recovery capabilities and reporting tools. Clients can determine the frequency and size of their backup and can store the data on-site at a Globix data center or at a remote location. In the event of a disaster, Globix engineers will manage the restoration and Clients can get detailed statistics on their backup history via Globix’s secure extranet. Clients pay only for the amount of data they store each month. “PartnerAssureSM provides us the peace of mind we seek,” said Steve Olejarczyk, the Director of Technology at Space Holdings, a Globix Client and the publisher of the popular website Space.com (http://www.space.com). “Combined with their world-class facilities, robust network, and hands on expertise, Globix gives us the performance, security and resiliency our customers demand from our website.” According to Stevenson, Globix is exploring additional business continuity and disaster recovery solutions. “PartnerAssureSM is a key step in making business continuity affordable to enterprises of all sizes. But we see further opportunities to leverage our data centers and tier one OC-48 IP backbone to provide the mirroring, virtual storage and data backup solutions that enterprises will continue to demand.”
Globix (http://www.globix.com) is a leading provider of managed infrastructure for business customers. Globix delivers applications and services via its secure DATA Centers, high-performance global Tier 1 IP backbone, content delivery network, and its technical professionals. Globix provides businesses with technology resources and the ability to deploy, manage and scale mission-critical Internet-based operations for optimum performance and cost efficiency. Globix customers include the New York Post, MSI (part of Reed Business Information) SkyRock, ebookers.com, Globus Media, The Record Store, Holmes Place, Agalinks, Space Holdings (Space.com), WinMill Software, iPass, Digidesign, and Mason-McDuffie Real Estate.
Risk Factors and Forward-Looking Statements:
This press release contains forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934. These statements are based on current information and expectations and are subject to risks and uncertainties that could cause the company’s actual results to differ materially FROM those expressed or implied in the forward-looking statements. These risks and uncertainties include: the company’s ability to retain existing customers and attract new customers; its ability to match its operating cost structure with revenue to achieve positive cash flow; the sufficiency of existing cash and cash flow to complete the company’s business plan and fund its working capital requirements; the insolvency of vendors and other parties critical to the company’s business; the company’s existing debt obligations and history of operating losses; its ability to integrate, operate and upgrade or downgrade its network; the company’s ability to recruit and retain qualified personnel needed to staff its operations; potential market or technological changes that could render the company’s products or services obsolete; changes in the regulatory environment; and other changes that are discussed in the company’s Annual Report on Form 10-K and other documents that the company files with the Securities and Exchange Commission.
Michael van Dijken