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Globix, Telefonica Data Sign Strategic Alliance

NEW YORK – January 24, 2001

Globix Corporation (NASDAQ: GBIX) and Telefónica DataCorp, theTelefónica Group subsidiary that provides global telecommunications services to companies, (NYSE:TEF), today announced a strategic alliance to expand the two companies’ product offerings andextend their reach into new markets.

According to the agreement, Telefónica Data will market to its clients Globix Web hosting, dedicatedaccess and other value-added services in the United States and the United Kingdom. In turn, Globix,a leading international provider of Internet solutions for mission-critical business strategies, willmarket to its clients Telefónica Data’s Web hosting, dedicated access and other value-addedservices in Miami, Latin America and Spain.

As an integral part of the alliance, the two companies agreed to interconnect their networkbackbones by establishing multiple private peering connections through which they will directlyexchange Internet traffic. This will speed up end-users’ access to the Internet and Internet-relatedservices by removing the need to travel through public exchange points.

‘We are very happy to align ourselves with Globix, a company with one of the largest peeringnetworks in the world. The Telefónica Data-Globix backbone interconnections will offer our clientsfaster access and enhanced visibility,’ said Guillermo Fernández-Vidal, CEO of Telefónica DataCorp.’In addition, the Globix suite of high-quality services, first-rate Data Centers and expertise instreaming media, complement Telefónica Data’s offerings. This alliance will enable us to betterserve our clients that have needs in the United States or the United Kingdom.’

‘Telefónica Data’s broad network and total, integrated-solutions approach will benefit Globixcustomers wishing to have an Internet presence in Spain or Latin America,’ said Marc H. Bell,chairman and CEO of Globix. ‘This alliance accentuates the synergies between the Globix andTelefónica Data networks and product offerings, as well as our commitments to customersatisfaction.’

Telefónica DataCorp

Telefónica DataCorp, a subsidiary of the Telefónica group, is a leading supplier of global telecommunications services for companies. It is currently in the process of rapid international expansion, developing businesses in countries such as Argentina, Brazil, Chile, Colombia, Uruguay, Peru, Mexico, Puerto Rico and

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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