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GLOBIX PROVIDES INTEGRATED STREAMING MEDIA SOLUTION FOR INDY 500

Selected by Pep Boys Indy Racing League to Provide 42 Hours of Coverage Using Latest Version of Microsoft’s Windows Media Technologies


NEW YORK, NEW YORK-May 13, 1999Globix Corporation (NASDAQ: GBIX), a leading provider of Internet connectivity and sophisticated Internet-based solutions for large and medium size businesses, was selected by the Pep Boys Indy Racing League (IRL) to provide an integrated streaming media solution to cover practice, qualifying and carburetion day leading up to the Indy 500, one of the world’s most spectacular racing events.

Starting Saturday, May 15th through Thursday, May 27th, Globix will provide a turnkey streaming media solution to help the IRL deliver the online broadcasts of the Indy 500 pre-race events to racing enthusiasts around the world. The first practice session, on Saturday, May 15, will be broadcast from 12 noon ­ 7 pm. From the 16th through the 21st, practice will be broadcast from 12 noon ­ 5pm. Qualifications/Pole Day will be covered on Saturday, May 22 from 9am ­ 11am and Qualifications/Bubble Day can be seen on Sunday, the 23rd from 11am ­ 12noon. On Thursday, May 27 fans can watch Carburetion Day/Practice from 12 noon until 2pm. All listed times are EST. All of these activities can be viewed on the Internet at www.indy500.com .

The IRL turned to Globix because of the Company’s ability to deliver an end-to-end streaming media solution. For the pre-race events, Globix will provide the on-site production as well as the hosting of the streams from Globix Corporation’s media servers and provide the bandwidth necessary to accommodate thousands of simultaneous viewers. Globix will encode the broadcasts exclusively using Microsoft’s (NASDAQ: MSFT) latest streaming media platform, Windows Media Technologies 4.0, and will enable users with 28.8 Kbps and 56.6 Kbps modem speeds to view the broadcasts with optimal clarity.

Tony George, President of the Indianapolis Motor Speedway said, “The Indianapolis Motor Speedway is very excited to offer this new technology-based service to our fans. Thanks to Globix and Microsoft, open wheel racing fans around the world can view more on-track action at the Speedway than ever before.”

Marc H. Bell, President and CEO of Globix Corporation said, “This application of the Globix ‘one-stop’ streaming solution further demonstrates our ability to provide creative and cost-effective solutions for transforming content into the digital realm. We’re delighted to be working with the IRL to make the world’s most sensational motor sports event available to the world.

“Microsoft is thrilled that the IRL and Globix chose to broadcast the Indy 500 practice, qualifying and carburetion day sessions using Windows Media 4.0,” said Gary Schare, lead product manager, Windows Media. “People who tune in to the races will benefit from the superior audio and video quality of Windows Media, ensuring the best viewing experience.”

About Globix
Globix Corporation is a leading provider of Internet connectivity and sophisticated Internet-based solutions to large and medium size businesses. Globix provides businesses with a comprehensive range of value-added products and services designed to enable customers to take advantage of their corporate networks and the Internet to effectively carry out their business strategy.

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.

Contact:
Charles Strauzer – Manager, Investor Relations
Globix Corporation
212-625-7327
[email protected]

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