NEW YORK, Feb. 1, 2005 (PRIMEZONE) -- Globix Corporation (OTCBB:GBXX), a leading provider of application, media and infrastructure management services, today announced the immediate availability of Digital Exchange -- an on-demand digital asset management (DAM) service platform. The first in a series of expanded media services from Globix, Digital Exchange enables digital media distribution, streamlines production workflow and capitalizes on existing digital media content.
The DAM market is growing rapidly as more and more corporate marketing professionals, branding and advertising agencies, media companies and production houses evolve their business practices to leverage the explosion of digital media. The role of asset management is quickly evolving from an archive repository to a core component of media production and distribution. According to one leading industry research firm, last year's DAM market was approximately $210 Million with the potential projected at $5 Billion over the next few years.
Globix' Digital Exchange allows customers to manage, archive, categorize, centralize and distribute valuable digital assets, including studio-quality video, audio, graphics and images. The new secure solution combines world-class software with access to Globix' high speed network, media hosting and distribution services, consulting, ongoing maintenance and 24/7 technical support. As a result, business customers are not burdened with large capital expenses or long project implementation cycles.
In launching this new service offering, Globix has partnered with Artesia Technologies, an Open Text(TM) company. Applications for this new service include:
-- Production Asset Management -- Content reuse and collaboration at
the center of the creative process for digital media content,
integrating the function of a digital workspace and media courier.
-- Brand Asset Management -- Control over and reuse of the digital
media elements used in marketing campaigns.
-- Distribution Asset Management -- Streamline the distribution of
digital media and digital marketing materials to the supply chain.
-- Archival and Preservation Management -- Store, protect and
manage valuable digital assets.
"As businesses continue to evolve and leverage the Internet to enhance the way they do business, managing their respective intellectual capital and rich media digital assets has become increasingly important," said Pete Stevenson, CEO of Globix Corporation. "We continue to anticipate our customer's future business and technology needs. Digital Exchange is yet another example of our commitment to provide our client's with innovative, cost-effective solutions and expert technical skills, enabling them to better compete and succeed in today's digital economy."
Globix offers three tiers of Digital Exchange on a monthly, subscription-based pricing model, including: Studio, Media and Corporate. Pricing is determined based on the service level and unique usage, archive, workflow and access required. This flexible pricing allows customers to leverage an enterprise-class DAM solution.
About Globix:
Globix Corporation (OTCBB:GBXX) is a leading provider of application, media and infrastructure management services. Globix provides flexible business solutions that combine skills, support, technology and experience to enable our customers to use the Internet as a way to provide business benefits and sustain a competitive advantage. By managing complex application, media and infrastructure environments, Globix helps its clients protect Internet revenue streams, improve user satisfaction and reduce technology operating costs and risks. Globix clients include operating divisions of Fortune 100 companies as well as mid-sized enterprises in a number of vertical markets including media and publishing, technology, financial services, health care and government. Globix and its subsidiaries have operations in New York, NY; London, UK; Santa Clara, CA; Fairfield, NJ; Fairfax, VA; and Atlanta, GA. For more information, visit the Globix Website at http://www.globix.com.
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