Edgar Online Selects Globix to Host High-Traffic Web Site for Real-Time SEC Electronic FilingsNEW YORK – July 27, 1998
NEW YORK, NEW YORK, July 27, 1998 – Globix Corporation (Nasdaq: GBIX) announced that it will become the exclusive Internet Service Provider for EDGAR Online. Globix and EDGAR Online have entered into a five-year contract to provide Dedicated Access and Web Hosting at the Globix SuperPOP in New York City.
EDGAR – Electronic Data Gathering, Analysis and Retrieval – is the Securities and Exchange Commission’s (SEC’s) ‘paperless’ company filing system. EDGAR Online (http://www.edgar-online.com) is the leading commercial provider of free and premium access to SEC filings and related business intelligence on the Internet. Additional services include value-added functions such as EDGAR Online People (http://www.edgar-online.com/people/), a new service that allows users to search the SEC filings by an executive’s name.
At no cost, customers can access far more information than can be found on the SEC’s own 24-hour delayed Web site. A $9.95/month subscription allows customers to access an additional level of information including real-time filings and the ability to download documents directly into Microsoft Word and other popular word processing programs. Subscribers also have access to EDGAR Online’s Watchlist feature that provides instant e-mail notification when specified Watchlist parameters are met.
EDGAR Online is the highest traffic Web site of real-time SEC electronic filings. Also available at EDGAR Online is easy access to many other Web-based information resources that allow both professional and individual investors to expand upon the information found in the SEC’s EDGAR filings.
EDGAR Online provides SEC filings and related business intelligence through its own site and through co-branded sites with Web leaders including Yahoo!, Pointcast, NewsEdge, CNET’s Snap! Online, TheStreet.com, MSNBC, Marketguide, Zacks, Alpha Microsystems, Money.com, Hoovers, BigCharts, and CMPnet’s TechInvestor.
EDGAR Online is a private service of Cybernet Data Systems, Inc. (Cybernet) of Norwalk, CT.
Susan Strausberg, Co-Founder and Co-CEO of Cybernet said, ‘We are extremely pleased with our new relationship with Globix. The Edgar Online audience is growing very rapidly as more and more people are visiting our Web site and using our services. We chose Globix because we wanted an ISP with an extremely robust backbone for reliability and to be sure we provide the very best response time to our clients. The Globix Web Hosting service provides the high capacity our busy site requires and the reliability we demand.’
Marc H. Bell President and CEO of Globix said, ‘We are very excited about EDGAR Online. We are so enthusiastic about EDGAR Online as a strong brand that, in a separate transaction, we have made a strategic investment, which provides us with an opportunity to acquire an interest in excess of 10% in Cybernet. We look forward to working together and to a long and fruitful relationship.’
About GlobixGlobix 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.
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