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GLOBIX UNVEILS FIRST PHASE OF EUROPEAN
NEW YORK – June 22, 1999 – Globix Corporation (NASDAQ:
GBIX), announced that it has begun the first phase of its European
network expansion and will establish Points of Presence (POPs) in
a number of Europe’s business centers connected to the major European
exchange points in each city.
Using dedicated circuits back to its London SuperPOP Internet Data Center, Globix intends to establish POPs in Amsterdam, Frankfurt, Stockholm, Geneva, Vienna, Milan and Paris. The European POPs will enable Globix to provide clients with an enhanced level of service throughout Europe’s major business centers. It is expected that in the fall of 1999, Globix will be able to offer Dedicated Access, Web Hosting and Co-location to clients in these cities.
Marc H. Bell, President and CEO of Globix said, “With the start of this phase of our expansion, we are poised to take advantage of the rapidly growing European business Internet segment. Our European POPs combined with the scheduled opening of our state-of-the-art London Internet Data Center, represent the Company’s initial stages of international growth and bring us a giant step closer to our goal of providing integrated Internet solutions to businesses worldwide.”
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.
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.
Charles Strauzer – Manager, Investor Relations