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Globix Names Brian L.Reach Chief Financial Officer

NEW YORK – September 2, 1999

Globix Corporation (NASDAQ: GBIX), a leader in providing sophisticated Internet-based solutions for large and medium size businesses, today announced the appointment of Brian L. Reach as Senior Vice President and Chief Financial Officer of the Company. In this capacity, Mr. Reach will oversee the Company’s financial, investor relations and human resources functions. Robert B. Bell, the Company’s prior CFO, will now assume the role of Executive Vice President in charge of Business Development.

Mr. Reach has been at the forefront of helping guide growth companies for more than 20 years and offers Globix a tremendous range of executive experience. Before joining Globix, he spent over 2 years as a CFO at IPC Communications; a leading provider of integrated telecommunications equipment and services to the financial industry. During his tenure at IPC, he helped guide it through its leveraged re-capitalization and financially rest

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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