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GLOBIX EXPANDS OPERATIONS INTO LONDON, UK
Newest SuperPOP Internet Data Center Reflects
Growth and Global Strategy
NEW YORK, NEW YORK, October 19th, 1998 – Globix Corporation (NASDAQ: GBIX),a leading Internet Service Provider and one-stop supplier of total Internet solutions for businesses, has signed a lease for a 34,000 square foot facility in London. The new location will boast a state-of-the-art data center and reflects the corporation’s growth strategy for building a global network.
The new facility is ideally situated in the heart of London’s West End, (W1
district), near the junction of Tottenham Court Road and New Oxford
Street. It is in the commercial center of the city and benefits from
exceptional access to London’s major rail lines. It is the first Globix
data center outside of the United States and signifies the beginning
of an international presence. The facility will be fully operational
during the first calendar quarter of 1999.
The London location will provide Globix with 34,000 square feet on three
floors of newly renovated space. 14,000 square feet will be designated
for a state-of-the-art Internet Data Center for providing Internet
access and Web hosting and co-location servers. Special features,
such as an FM200 dry fire-suppression system, backup generator and
Uninterruptible Power Supply (UPS) offer customers the latest in system
protection and reinforce our position as a leading Internet provider.
The growing market for high-speed Dedicated Access to the
Internet and for Web Hosting, Co-location, streaming media,
E-Commerce and security solutions has fueled the Globix expansion.
In response to these increased market demands, Globix has begun
construction on a network that will run in a ring around the continental
United States and travel over another ring on the Gemini cable into
the United Kingdom.
Marc H. Bell, Globix President and CEO said, “The new
London location is in line with our strong and rapid growth. It represents
a major step toward realizing our strategy of constructing data centers
around the globe. We are pleased to have found a facility in the United
Kingdom that is so well situated.”
About Globix
Globix Corporation is a leading pioneer of Internet-based solutions
for mission-critical applications. Globix offers businesses
a convenient single source for a full range of Internet-based products
and services including Dedicated Access, Web Hosting, Co-location
and more.
News and information are available at
www.globix.com.
This press release contains forward-looking statements.
Actual results could differ materially from those projected in the
forward-looking statements. Additional information concerning factors
that could cause actual results to differ materially from those in
the forward-looking statements is contained under the heading of Risk
Factors listed from time to time in the Company’s filings with the
Securities and Exchange Commission.
COMPANY CONTACT:
Marc H. Bell, President
Globix Corporation
212-334-8501
[email protected]
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