NEW YORK, Dec. 10, 2003 (PRIMEZONE) -- Globix Corporation (OTCBB:GBXX) today announced that it had been selected by Andale to provide co-location and network services for its platform of hosted "smart" auction services which appear on auction sites such as eBay. Andale cited Globix's rapid response, hands on account team and network speed as key reasons they moved from their current provider.
Andale provides auction sellers with advanced decision-making tools that vastly improve the auction experience and auction automation services that help them sell more efficiently. Andale's business has grown alongside its relationship with eBay, the auction powerhouse, which features Andale's counters on over 80% of all auction listings. Over the last year, Andale sellers were responsible for approximately $3 billion in gross merchandise sales online.
"Our business has grown significantly," said Steve Crusenberry, Andale's CIO and Senior Vice President of Technical Operations. "And we were looking for a provider to keep up with our increasing demands for bandwidth and support. Globix provides us infrastructure with the stability, security and performance that our applications require, and their flexibility and responsiveness made the decision an easy one. Today, our site is performing even better than we expected. We couldn't be happier."
"We are pleased to welcome Andale to the family of Globix customers," said Peter Stevenson, Globix's CEO. "As a provider of services that are a critical link in the e-commerce value-chain Andale knows the importance of having a robust underlying infrastructure. Their selection of Globix illustrates the stability and quality of our operations and our network."
About Andale:
Andale is the leading and largest provider of auction management and research and analytics services to auction sellers of all sizes. Through the company's counter service, Andale's 1.5 million registered users worldwide now drive more than 80% of all listings on eBay each week. Andale provides auction sellers with research and analytics services to help them make "smarter" business decisions and automation tools designed to help them grow their auction business. Andale's customers are auction sellers of all types -from casual sellers to high volume auction merchants, including small and medium size online businesses. Andale has secured exclusive technology integration and distribution partnerships with eBay, the leading online auction marketplace and PayPal, a leading global online payment service. Andale has received $61 million in financing from Bowman Capital Management, Texas Pacific Group (TPG), Tarrant Venture Partners, Accel Partners, Mohr Davidow Ventures, Oak Hill Venture Partners and other angel investors. Founded in 1999, Andale is headquartered in Mountain View, California and opened an office in Bangalore, India in 2002. For more information visit www.andale.com.
About Globix:
Globix (http://www.globix.com) is a leading provider of managed Internet applications and infrastructure services for enterprises. Globix delivers and supports mission-critical applications and services via its secure Data Centers, high-performance global Tier 1 IP backbone, and content delivery network. Through Aptegrity, its managed services group, Globix provides remote management of custom and off-the-shelf web-based applications on any server, anywhere, at any time. By managing such complex e-commerce, database, content management and customer relationship management software for its clients, Globix helps them to protect Internet revenue streams, reduce technology operating costs and operating risk, and improve user satisfaction. Globix's clients are companies which use the Internet as a way to provide business benefits and sustain a competitive advantage in their markets. Our clients include operating divisions of Fortune 100 companies as well as mid-sized enterprises in a number of vertical markets including health care, media and publishing, technology and financial services. Globix and its subsidiaries have operations in New York, London, Santa Clara and Atlanta.