New Data Centers Spur Deals For Globix
Company announces contracts representing $25 million in revenue

July 10, 2001 -- Internet hosting firm Globix Corporation today announced that it had signed approximately $25 million in new contracts.
The new business was signed in the third quarter, which ended June 30, but will not have a significant impact on the quarter's results, which will be announced on July 24, 2001.
Globix said the deals were driven by last week's opening of new data centers in New York and London. The New York Internet Data Center is located at 415 Greenwich Street in the Tribeca district, and the London Data Center in the heart of the financial district at 55-71 City Road in the former Companies House.
These new facilities "provided much-needed space for our complex Web hosting services." said Marc H. Bell, Chairman and CEO of Globix."
"It is rewarding to see that our strategy of providing integrated data center, networking and managed services is paying off," said Bell. "Because of this period of economic uncertainty, it appears that our enterprise customers are looking to integrated service providers like Globix to save money by outsourcing a range of solutions that cut down on costs."
Globix is a leading provider of advanced Internet hosting, network and applications solutions for business.