8-K

                UNITED STATES SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549
                                    FORM 8-K
                                 CURRENT REPORT
                     PURSUANT TO SECTION 13 OR 15(d) OF THE
                         SECURITIES EXCHANGE ACT OF 1934


      Date of report (Date of earliest event reported): September 9, 2004
      ------------------------------------------------- -----------------



                               GLOBIX CORPORATION
              ----------------------------------------------------
             (Exact Name of Registrant as Specified in its Charter)


   Delaware                            1-14168              13-3781263
- -------------------------           ---------------       ----------------
(State or other jurisdiction        (Commission           (I.R.S. Employer
      of incorporation)              File Number)        Identification No.)


         139 Centre Street, New York, New York                 10013
         -------------------------------------                 ------
       (Address of principal executive offices)              (Zip Code)



       Registrant's telephone number, including area code: (212) 334-8500
       --------------------------------------------------  --------------


       ----------------------------------------------------------------
          (Former Name or Former Address, if Changed Since Last Report)


Check  the  appropriate  box  below  if the  Form  8-K  filing  is  intended  to
simultaneously  satisfy the filing obligation of the registrant under any of the
following provisions (see General Instruction A.2. below):


     [X]  Written  communications  pursuant to Rule 425 under the Securities Act
          (17 CFR 230.425)


     [ ]  Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17
          CFR 240.14a-12)


     [ ]  Pre-commencement  communications  pursuant to Rule 14d-2(b)  under the
          Exchange Act (17 CFR 240.14d-(b))


     [ ]  Pre-commencement  communications  pursuant to Rule 13e-4(c)  under the
          Exchange Act (17 CFR 240.13e-4(c))





Item 7.01         Regulation FD Disclosure

Pursuant to Regulation FD, Globix Corporation (the "Company") is furnishing
certain information with respect to a presentation being made by Peter
Stevenson, the Company's Chief Executive Officer, on September 9, 2004 to
various members of the financial and investment community at the SG Cowen & Co.
32nd Annual Fall Technology Conference in Boston. The slide presentation is
attached as Exhibit 99.1 to this Current Report on Form 8-K and incorporated
herein by reference.

The information in this Form 8-K (including Exhibit 99.1) are furnished pursuant
to Item 7.01 and shall not be deemed "filed" for purposes of Section 18 of the
Securities Exchange Act of 1934 (the "Exchange Act") or otherwise subject to the
liabilities of that section, nor shall it be deemed incorporated by reference in
any filing under the Securities Act of 1933 or the Exchange Act, except as
expressly set forth by specific reference in such a filing. This report will not
be deemed an admission as to the materiality of any information in the report
that is required to be disclosed solely by Regulation FD.

Item 9.01         Financial Statements and Exhibits

No.               Exhibit
- ----              -------
99.1              Slide presentation dated September 9, 2004




                                   SIGNATURES

     Pursuant to the  requirements  of the Securities  Exchange Act of 1934, the
registrant  has duly  caused  this  report  to be  signed  on its  behalf by the
undersigned hereunto duly authorized.



                                       GLOBIX CORPORATION





                                       By: /s/ James C. Schroeder
                                          ---------------------------
                                       Name:   James C. Schroeder
                                       Title:  Vice President & General Counsel



Date:  September 9, 2004




                                      -2-




                                  EXHIBIT INDEX

Exhibit No.                Description
- -----------                -----------

99.1                       Slide presentation dated September 9, 2004







                                      -3-

EX-99

^{Globix Corporation}

SG Cowen & Co.

32^nd Annual

Fall Technology Conference

September 9, 2004

Boston

Peter Stevenson

CEO

1

^{Globix History}

1989

1996

1998

2001

2003

2004

Initial Public Offering

Constructed high-speed fiber optic backbone. Launched media

services & managed services offering

Upgraded to Tier 1 IP network

Purchased Aptegrity to extend managed service capabilities

Merger negotiated with Neon to expand product offerings & improve

economics

Founded

2002

Emerged from 30 days pre-packaged bankruptcy in April 2002

2

^{Globix Strategic Business Plan}

Tough Decisions

Strengthen Internal Control

2003

  Focus on sales

  Re-establish customer care

  Continue tight cash/cost control

  Re-sign clients

  Maximize Assets

Phase 2

“Stabilize”

Phase 3

“Grow”

2004

  Refine Company Strategy

  Grow What We Have

  Expand services

  Expand coverage, sensibly

  Target new revenue markets

  Continue driving non-essential costs out

  Drive Cash Flow

  Reduce LT Debt

Foundation Established

M & A Opportunities

Phase 1

“Triage”

2002

  Drive costs down/out

  Minimize cap-ex

  Preserve cash

  Clean customer base

  Finance driven effort

Bankruptcy

3

^{Globix “Today”}

Leading provider of application, media & infrastructure
management services

$62+ million revenue and ~$140 million in assets

1,350+ customers including Visa, A&E & Pfizer

$74M 11% Senior Notes including accrued interest

World-class, results-driven professionals

250 employees worldwide

91% dedicated to engineering & sales functions

Passionate about superior service

24/7 expert operations & customer service

100% service level agreement guarantee

Owner/Operator: Tier 1 IP network& data centers

5 world-class data centers plus co-location facilities

Top 10 worldwide tier-1 IP network

4

5

Client

^{Morethan Hosting – Flexible Solutions…}

Management for
off-the-shelf &
custom

applications

Reliable, scalable & secure
network, hosting & data
center capabilities

Services for the creation,

production & delivery of
rich media

6

Prompt remediation  •

C&A Auditing  •

Strict policies  •

Integrated solutions  •

• Vigilant Monitoring

• Advanced systems

•Proven processes

^{….Shieldedwith Risk management}

•Expertise

^{Globix operating results overview}

540

(4,216)

(30,047)

(59,582)

Adjusted
EBITDA***

62,916

60,177

81,996

104,210

Revenue

LQA**

2003

2002

2001

** LQA = the last reported quarter of 2004 (quarter ended June 30, 2004) annualized.

***Adjusted EBITDA = Loss from operations adjusted to exclude loss on impairment of assets, restructuring
& other charges (credits), depreciation & amortization, other operating income, non-cash stock based
compensation & to include rental income.

Year over Year trend

7

^{Globix operating results overview}

(1,562)

135

(436)

(1,261)

Adjusted
EBITDA***

45,143

15,729

15,029

14,385

Revenue

YTD

2004

Q3

6/30/ 2004

Q2

3/31/ 2004

Q1

12/31/ 2003

***Adjusted EBITDA = Loss from operations adjusted to exclude loss on impairment of assets, restructuring & other
charges (credits), depreciation & amortization, other operating income, non-cash stock based compensation & to
include rental income.

2004 Adjusted EBITDA Trend

8

^{MajorEvent:Merger with NEON}

Merger announced July 19, 2004

Merger consistent with Globix strategy

Expands product offering

Positions us for growth in dense N.E. and Mid Atlantic regions

Creates larger & profitable company

Provides a diversified revenue base

Continues to de-leverage Company

NEON – Organic 19% 2 Year CAGR - Revenue

Provider of advanced optical networking solutions

95% Carrier Customers, 5% Enterprise Clients

Fiber infrastructure and access points throughout high density telecom corridor Northeast & Mid-
Atlantic markets

220,000+ fiber miles & 160 POPs

NEON has 9 transport services today

Extensive Client list

9

10

The NEON Network:
A Well-Traveled
Route.

Nation’s busiest
telecommunications
corridor

12-state, $87-billion
market encompasses
28 % of the nation’s
communications
market

Extends from New
England, New York
City and the north
Atlantic coast into
Virginia

^{CurrentNeon Network}

^{Globix “Tomorrow”}

Leading provider of application, media & infrastructure
management services

$100+ million revenue and $275 million in assets

1,450+ customers

$63M 11% Senior Notes including accrued interest

~$22M cash and investments

World-class, results-driven professionals

Approx 380 employees worldwide at close

89% dedicated to engineering & sales functions

Passionate about superior service

100% service level agreement guarantee

Owner/Operator: Tier 1 IP network, transport network& data
centers

10+ world-class data center plus co-location facilities

Top 10 worldwide tier-1 IP network and 220,000 mile fiber network

11

^{Combined Globix & Neon}

34,321

37,703

36,415

Cash

1,373

233

(656)

Adjusted
EBITDA*
*

27,735

26,545

25,137

Revenue

Q3
6/30/04

Q2
3/31/04

Q1
12/31/03

**Adjusted EBITDA = Loss from operations adjusted to exclude loss on
impairment of assets, restructuring & other charges (credits), depreciation &
amortization, other operating income, non-cash stock based compensation & to
include rental income.

Synergies
associated with
the merger should
be accretive to
quarterly EBITDA
by approximately
$1.25 to $2.0 MM

12

^{New Capital Structure}

$63.0 MM (includes accrued interest)

Senior Notes

1.3 MM Outstanding

Warrants

4.1 MM Outstanding
3.3 MM Vested

Options

$10.2 MM liquidation value

Preferred Stock

53.2 MM shares

Common Stock (Fully Diluted)

Capital Structure

13

^{TheComing Months}

Continue Organic Growth Focus

Close NEON Transaction (Q404)

HSR Review Complete

S-4 filing imminent

Apply for Listing on Major Exchange

Plan for Merger Integration, Synergies &
Selling Opportunities

14

^{Q & A}

Thank You

15

^Appendix

135

(436)

(1,261)

Adjusted EBITDA

224

270

140

Rental income

(13)

(21)

34

Non cash comp (stock compensation)

0

0

0

Other operating income

3,519

3,473

3,371

Depreciation/amortization

0

0

0

Restructuring & other charges (credits)

0

659

17,313

Loss on impairment of assets

(3,595)

(4,817)

(22,119)

Loss from operations

Qtr end

6/30/04

Qtr end

3/31/04

Qtr end

12/31/03

Globix Corporation

2004 Adjusted EBITDA Trend

(Adjusted EBITDA Reconciliation)

1,238

669

605

Adjusted EBITDA

0

0

0

Rental income

0

0

0

Non cash comp (stock compensation)

0

0

0

Other operating income

2,629

2,508

2,426

Depreciation/amortization

0

0

0

Restructuring & other charges (credits)

0

0

0

Loss on impairment of assets

(1,391)

(1,839)

(1,821)

Loss from operations

Qtr end

6/30/04

Qtr end

3/31/04

Qtr end

12/31/03

NEON Communications Inc

2004 Adjusted EBITDA Trend

(Adjusted EBITDA Reconciliation)

16

^Appendix

1,373

233

(656)

Adjusted EBITDA

224

270

140

Rental income

(13)

(21)

34

Non cash comp (stock compensation)

0

0

0

Other operating income

6,148

5,981

5,797

Depreciation/amortization

0

0

0

Restructuring & other charges (credits)

0

659

17,313

Loss on impairment of assets

(4,986)

(6,656)

(23,940)

Loss from operations

Qtr end

6/30/04

Qtr end

3/31/04

Qtr end

12/31/03

Combined Globix & NEON

2004 Adjusted EBITDA Trend

(Adjusted EBITDA Reconciliation)

(4,216)

27

0

(345)

15,523

(1,020)

0

(18,401)

2003

(30,047)

30

7,027

0

34,175

24,834

2,578

(98,691)

2002

(59,582)

0

1,638

0

36,657

56,109

3,500

(157,486)

2001

Adjusted EBITDA

Rental income

Non cash comp (stock compensation)

Other operating income

Depreciation/amortization

Restructuring & other charges (credits)

Loss on impairment of assets

Loss from operations

Globix Corporation

Year Over Year Trend

(Adjusted EBITDA Reconciliation)

17