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Globix to Continue Search for Finance Chief; Acting Chief Financial Officer Steps Down

NEW YORK – November 21, 2002

Globix Corporation (OTC Bulletin Board: GBXX), a leading fullservice provider of sophisticated Internet solutions, including facilities services, premium network services and managed and application services, has announced that Shawn P. Brosnan has stepped down from his position as Senior Vice President and Acting Chief Financial Officer to pursue other interests, effective November 19, 2002. Peter Stevenson, CEO of Globix, indicated that Globix will continue its
search for a new Chief Financial Officer.

Mr. Brosnan, who joined Globix in November 1999 as a Vice President, Corporate Controller and Chief Accounting Officer, was named Acting Chief Financial Officer on September 9, 2002.

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.

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