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Technology Stocks : RealNetworks (NASDAQ:RNWK)

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To: soup who wrote (3937)7/22/1999 9:59:00 AM
From: Dealer  Read Replies (1) of 5843
 
Another "Can't we all just get along?" INTEL-COMPAQ-REALNETWORKS

GLOBIX TEAMS WITH INTEL, REALNETWORKS AND COMPAQ TO BRING THE DIGITAL CLUB FESTIVAL ONLINE GLOBIX SELECTED TO PROVIDE HIGH SPEED INTERNET Access and Co-Location to World's Largest Online Music Festival
PR NEWSWIRE - July 22, 1999 08:50
NEW YORK, Jul 22, 1999 /PRNewswire via COMTEX/ -- Globix Corporation (Nasdaq: GBIX) today announced that it has joined with Intel, RealNetworks and Compaq, sponsors of the Digital Club Festival (http://www.digitalclubfest.com) to help bring concert-goers and music lovers an online destination to watch and listen to the world's largest online musicevent.

The Digital Club Festival, which takes place July 20-23 and features more than 300 bands performing throughout 20 Manhattan nightspots, haschosen Globix to provide high-speed Internet access to the venues. Globix willalso provide co-location for the (http://www.digitalclubfest.com) Web site, as well as the connectivity to the site and the re-casting of the video streams using Real G2 software from RealNetworks.

"Globix has provided us with many of the technical components that help bring this tremendous event to the Internet," said Michael Dorf, co-executive producer of the Digital Club Festival. "An event of this size and scope demands a great deal of coordination and the team at Globix was able to meet ourrequirements."

"Being personally involved with the event and its producers over the years, I have watched this festival grow into the largest online music festival in the world. To see it become what it is today, the premier online showcase of both new talent and the latest technology, is very exciting," said Dan Rayburn, Worldwide Manager, of the Globix Streaming MediaGroup. "Streaming media projects of this magnitude are an integral part ofthe end-to-end solutions that Globix can provide to businesses throughout theU.S. and the major business centers of Europe."

About Globix Globix Corporation is a leading provider of Internet connectivity and advanced Internet services for businesses in the United States and Europe. Through its high-speed, fault-tolerant, fiber-optic network and state-of-the-art Internet Data Centers in New York City, Santa Clara, CA and London, UK, Globix delivers superior reliability, security and performance to companies using the Internet to deploy mission-critical business strategies. Cutting-edge applications include Dedicated Access, Co-location, Web Hosting, Streaming Media, E-Commerce and Corporate Training.

About the Digital Club Festival Now in its fifth year, The Digital Club Festival, formerly known as the Intel New York Music Festival, is considered the largest online music eventin the world. The four-day event combines the excitement of live musicwith cutting edge interactive technology. Producers Andrew Rasiej, founder of Irving Plaza, and Michael Dorf, creator and owner of The Knitting Factory, have assembled a broad range of talent performing throughout 20 ofManhattan's hottest nightspots. Presenting sponsors include MTV, Intel, RealNetworks and Yahoo! Music.

This press release contains forward-looking statements. Actual results could differ materially from those projected in the forward-looking statements. Additional information concerning factors that could cause actual results to differ materially from those in the forward-looking statements is contained under the heading of Risk Factors listed from time to time in the Company's filings with the Securities and Exchange Commission.

SOURCE Globix Corporation (C) 1999 PR Newswire. All rights reserved. prnewswire.com -0- CONTACT: Charles Strauzer, Manager - Investor Relations of Globix

Corporation, 212-625-7327, or cstrauzer@globix.com; or Bennett J. Kleinberg of

Digital Club Network, 212-677-3530, ext. 27, or bennett@thegig.com

WEB PAGE: digitalclubfest.com
globix.com

GEOGRAPHY: New York

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