Globix To Hold First Investor Conference Call Following Recent Merger With NEON Communications

Date for Call Updated


NEW YORK, May 19, 2005 (PRIMEZONE) -- Globix Corporation (AMEX:GEX), a leading provider of application, media, IP infrastructure and network services, will hold its first investor conference call on Thursday, May 26th at 4:00 p.m. (ET) since merging with NEON Communications.

Globix President and Chief Executive Officer, Peter Stevenson and Chief Financial Officer, Robert Dennerlein, will discuss the company's recent merger with NEON Communications, including the impact on financials and company growth. The Globix executives will also highlight the new networking service portfolio, listing on the American Stock Exchange as well as take questions from investors and analysts.

The Globix investor conference call can be accessed by dialing 1-800-665-0669. A replay of the call will be available through the Globix website, www.globix.com, for one week after the call. Transcripts of the call will also be made available upon request.

About Globix:

Globix Corporation (AMEX:GEX) is a leading provider of application, media, IP infrastructure and network services. Globix delivers tailored and scalable business solutions that are cost effective, helping clients optimize and protect revenue streams, improve user satisfaction and reduce technology operating costs and risks. NEON, a wholly owned subsidiary of Globix, provides advanced optical networking to carriers and large enterprise customers in the Northeast and mid-Atlantic. Globix and its subsidiaries have operations in New York, N.Y., Boston, Mass., London, U.K., Santa Clara, Calif., Fairfield, N.J., Washington D.C. and Atlanta, Ga. For more information visit www.globix.com

Forward-Looking Information

This press release contains forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934. These statements are based on current information and expectations and are subject to risks and uncertainties that could cause our actual results to differ materially from those expressed or implied in the forward-looking statements. These risks and uncertainties include: our ability to retain and attract customers; our ability to achieve positive cash flow; our ability to integrate the operations of NEON into our existing operations; the sufficiency of existing cash and cash flow to complete our business plan and fund our working capital requirements our existing debt obligations and history of operating losses; our ability to integrate, operate and upgrade our network; our ability to recruit and retain qualified personnel needed to staff our operations; potential market or technological changes; changes in the regulatory environment; and other factors that are discussed in our Annual Report on Form 10-K and other documents that we file with the SEC.

The Globix Corporation logo is available at: http://media.primezone.com/prs/single/?pkgid=487



            

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