NEW YORK, May 16, 2005 (PRIMEZONE) -- Globix Corporation (AMEX:GEX), a leading provider of application, media, IP infrastructure and network services, announced today that the Company will ring the opening bell to commence the day's trading at the American Stock Exchange (AMEX) on Wednesday, May, 18, 2005. Globix common stock began trading on AMEX on April 13, 2005.
"It's a real honor for Globix to be invited to this special ceremony. This day marks another important milestone for Globix because our AMEX listing enhances our market exposure and increases our visibility to a broad spectrum of investors. Following our recent merger with NEON, we are a larger, more diversified and more capable company, bringing additional solutions to help customers manage their business operations more effectively," stated Pete Stevenson, CEO of Globix.
Globix' bell ringing ceremony will be webcast and archived at http://www.amex.com.
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, NY, Boston, MA, London, U.K., Santa Clara, CA, Fairfield, NJ, 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