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Technology Stocks : America On-Line (AOL)

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To: im~ristine who wrote (21138)	6/10/1999 6:49:00 AM
From: Vendit™	Read Replies (1) of 41369

GLOBIX Announces Agreement with America Online to Participate in AOL's TeraPOP Internet Traffic Exchange Point NEW YORK, June 10 /PRNewswire/ -- Globix Corporation (Nasdaq: GBIX - news), a leading provider of Internet service and one-stop Internet-based solutions for businesses, announced today that it had signed an agreement with America Online, the global leader in interactive services, under which Globix will become a peering partner in AOL's TeraPOP, one of the largest Internet traffic exchange points in the world. Peering is an arrangement between two Internet Service Providers to pass traffic directly between one another to a destination on the other's network. The direct access between AOL and Globix will enable the TeraPOP to provide AOL members with even faster access to the Internet, including Web sites hosted by Globix, by removing the need to travel through multiple exchange points when accessing many locations on the Internet. biz.yahoo.com

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