Los Angeles, CA - September 16, 2002 -- Globat, LLC, a leading Los Angeles-based web hosting provider for small and mid-sized businesses announced today that it has established a strategic relationship with carrier neutral internet exchange Pihana Pacific, Inc.

'Pihana's reputation and reliability is a flawless reflection of their extremely high standards. This relationship is a major stepping stone in our mission on becoming the Internet's leading and most affordable web hosting provider for small and mid-sized businesses,' said Ben Neumann, Globat's chief executive. 'Our partnership with market leader Pihana will enable Globat to safely extend its geographic coverage across the Pacific region, from the west coast of the United States across Asia Pacific.'

The partnership connects Globat's strong yet affordable outsourced web hosting services together with Pihana's network of seven state-of-the-art data centers in the Asia Pacific region. The companies' combined capabilities - including solid disaster recovery services - offer an extremely reliable and secure hosting environment that so far has mostly been out of reach for the masses of smaller web sites which Globat specializes in. With one of the most experienced hosting teams in the U.S. Globat provides the equipment, connectivity and service to host small and mid-sized business customers and their online applications at a fraction of the usual cost. The company hosts customers from 48 countries on all 5 continents and is one of the fastest growing companies in an industry that is projected to reach more than $16 billion by 2005.

'We are proud to team up with companies like Globat who are driving growth of the online economy in the US, and now in the world's fastest growing web-hosting market, Asia/Pacific', stated Richard Kalbrener, chief executive officer, Pihana Pacific. 'Our extensive Asia/Pacific footprint and carrier neutrality differentiate us from others in this space and make us a must-have for web hosting companies and their customers looking to extend their reach into Asia.

About Pihana Pacific
Pihana Pacific is the leading provider of managed e-infrastructure services, known for being the first company to build, brand and manage 'neutral' Internet exchange data centers in Asia/Pacific. Pihana Pacific offers an integrated suite of managed services including: enterprise system management, storage, colocation and disaster recovery services that enable enterprises and service providers to expand their market boundaries and gain efficiencies in the performance and cost of their IT operations. At the core of its services are Pihana's world-class facilities, strategically located in Tokyo, Seoul, Hong Kong, Singapore, Sydney, Honolulu and Los Angeles. Pihana's comprehensive footprint of carrier neutral data centers provides customers with unprecedented geographic reach throughout the Asia/ Pacific region.

Pihana Pacific has raised US$236 million in private equity since being founded. This includes US$190 million in October of 2000, one of the largest technology investments in Asia with lead investor Goldman Sachs and founding investor Columbia Capital. Pihana's other investors consist of Morgan Stanley Dean Witter Private Equity, LoneTree Capital, UBS Capital, GE Capital Telecom, Mori Building Co., Ltd, Hewlett-Packard, PacifiCap Group, and Nifco investments.

Headquartered in Honolulu, Pihana's presence includes a Regional Headquarters in Hong Kong and sales offices in Singapore, Tokyo, Seoul, Sydney, San Francisco, Los Angeles, Denver and Washington D.C. Pihana is a Hawaiian word meaning 'fullness' and 'completion' associated with a gathering. For more information, please visit www.pihana.com.

About Globat, LLC.
Globat, LLC (http://www.globat.com) is one of the most established Web hosting companies in the United States, offering affordable, quality Web hosting solutions to nearly 100,000 customers worldwide. Globat.com founder Ben R. Neumann, a two-time Entrepreneur of the Year® award nominee, is a pioneer of the budget Web hosting industry since his start in 1994, when he founded Icom.com, which was later sold in 1998. With its unprecedented combination of low prices, high performance and dedicated 24/7/365 customer service, Globat.com continues to be the frontrunners of the hosting industry. The company is privately held and headquartered in Los Angeles, California.