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Globix will convert a Tribeca warehouse into a 193,000 – square foot Internet hosting facility. The new data center is expected to open in the first half of 2001.

New York — NY, Internet World Fall 2000 — October 27, 2000 — Globix Corporation (NASDAQ: GBIX) today announced the commencement of construction on a new SuperPOP Internet Data Center at 415 Greenwich Street, in the Tribeca district of New York City. The new 193,000-square foot facility is expected to begin providing Co-Location, Web Hosting, Access and Application Services in the first half of 2001.

Globix currently has five SuperPOP facilities operating in New York City, Santa Clara, Calif., London, Atlanta and McLean, Va. Five more, including the Greenwich Street site, are in the development and planning stages worldwide. The new data centers will increase the Globix gross data center space to more than 1.4 million square feet, from 289,000 gross square feet today.

Like the existing New York Data Center, the new Globix SuperPOP (Point of Presence) will provide dual connections to the area’s power grid, redundant Uninterruptible Power Supply (UPS) systems and back-up generators, 24 x 7 x 365 on-site monitoring and technical staffing, advanced biometric security and redundant temperature-control and fire-suppression systems.

“As companies have realized the cost benefits of outsourcing their Internet applications, we’ve witnessed tremendous demand for our managed Internet Data Center services. We are building more data center space to help us capture this demand in one of our core markets,” said Marc H. Bell, chairman and CEO of Globix.

“The downtown location of our new SuperPOP in New York is consistent with our goal to provide corporate customers with easy access to our facilities,” said Marc Jaffe, chief operating officer of Globix Field Operations. “Convenient locations, plus business-support amenities built into each of the Globix SuperPOPs, enable our customers to be more productive with their time and resources. This continues to distinguish Globix in the market, and has been a real advantage in winning new business.”

About Globix
Globix Corporation is a leading provider of managed Internet services and connectivity for businesses worldwide. Through its high-speed, high-availability, fiber-optic network and state-of-the- art Internet Data Centers, Globix delivers superior reliability, security and performance to companies using the Internet for mission-critical business strategies. Cutting-edge solutions include Co-Location, Dedicated Web Hosting, Dedicated Access, Streaming Media, Content Distribution and Application Services.

This press release contains forward-looking statements relating to the Company’s or management’s intentions, beliefs, expectations or predictions for the future. Such forward-looking statements are subject to a number of risks, assumptions and uncertainties that could cause the Company’s actual results to differ materially from those projected in the forward-looking statements. These risks, assumptions and uncertainties include the ability to finance the operations and complete the planned expansion of our facilities and network; our reliance on the growth of the Internet and e-commerce; our success against competitors with significantly greater resources; and other risks listed under the heading of Risk Factors in the Company’s filings with the Securities and Exchange Commission.

Globix Corporation
Charles Strauzer
VP, Corporate Finance
[email protected]

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