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Globix Expands New York Operations

Adds Internet Data Center Capacity with Purchase of 9-Story Building in New York’s “Silicon Alley”

New York, – July 9, 1998 – Globix Corporation (Nasdaq: GBIX), a leading Internet Service Provider and one-stop supplier of total Internet solutions for businesses, has purchased a building in New York City. The building will provide an additional 160,000 square feet of floor space to accommodate the company’s expanding presence in New York. It is located in the heart of “Silicon Alley” at 139 Centre Street in New York City.

The building was previously occupied by a major international bank. It housed the bank’s operations and money center. It is a nine-story structure located just 7 blocks south of the existing Globix location in the Puck Building. The convenient location is easily accessible and keeps Globix near its New York-based customers. The opening is planned for the 4th quarter of 1998.

The expanding market for high-speed direct access to the Internet and for Web Hosting, Co-location, audio/video streaming, e-commerce and security solutions is fueling the extraordinary growth at Globix. Globix made the purchase to provide additional space for network equipment in its SuperPOP data center and because of the need to house the growing sales and technical staff. Marc H. Bell, Globix President and CEO said, “Our strong, rapid growth made this move necessary. We were fortunate this exceptional building was available. The purchase is in line with our strategy of building SuperPOPs around the globe.”

COMPANY CONTACT:
    Marc H. Bell, President & CEO
    Globix Corportaion
    212-334-8501; 212-334-8509 (FAX)
    http://www.globix.com

 

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