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GLOBIX PLANS $63.5 MILLION PUBLIC STOCK OFFERING
New York, New York, January 11, 1999 Globix
Corporation (Nasdaq: GBIX) a leading provider of Internet
connectivity and sophisticated Internet-based solutions for large
and medium size businesses, today announced that it filed a Registration
Statement with the Securities and Exchange Commission for a $63.5
million underwritten public offering of its Common Stock.
When available, a copy of the preliminary prospectus relating to the offering may be
obtained from Donaldson, Lufkin & Jenrette Securities Corporation, Prospectus Dept.,
277 Park Ave., New York, NY 10172, 212-892-4525, Bear, Stearns & Co. Inc, Prospectus Dept.,
245 Park Ave., New York, NY 10167, 212-272-4850, and Lehman Brothers Inc, Prospectus Dept.,
Three World Financial Center, New York, NY 10285, 212-526-7000.
A Registration Statement relating to these securities has been filed with the Securities
and Exchange Commission but has not yet become effective. These securities may not be sold
nor may offers to buy be accepted prior to the time that the registration statement becomes
effective.
This news release shall not constitute an offer to sell or the solicitation of an offer
to buy nor shall there be any sale of these securities in any state in which such offer,
solicitation or sale would be unlawful prior to registration or qualification under the
securities laws of any state.
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 them
to take advantage of their corporate networks and the Internet to
effectively carry out their business strategy.
News and information are available at www.globix.com.
This
press release may contain 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:
Marc H. Bell, President & Chief Executive Officer
Globix Corporation
212-334-8501
[email protected]
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