CHICAGO, Nov. 12 /PRNewswire-FirstCall/ -- Global Capacity, Inc. (parent: Capital Growth Systems, Inc. (OTC Bulletin Board: CGSY)), the world's leading telecommunications information and logistics company, today announced that it has been selected as a winner in the Tech Awards Circle. The award celebrates the products, services, vendors and individuals making a difference in the technology industry today. Winners were selected by an independent circle of publication reviewers and journalists from nominations based on a broad range of achievements, from product and technology innovations to talented executive leadership and engineering innovators. Gold, silver and bronze awards were given out in each category.

In its first year of Tech Awards competition, Global Capacity received a Bronze award in the Best Enterprise Service category. The award was given for the company's One Marketplace, a revolutionary managed network outsourcing service. The Tech Awards reviewers evaluated Global Capacity's service, which uses the company's proprietary telecom price information and network optimization tools to design the most cost-effective network architecture. One Marketplace was launched as a branded network in early 2009 by aggregating customer demand and leveraging the company's logistics and network management expertise. The "outsourcing" approach replaces traditional network purchasing routines with a custom-tailored telecom portfolio management model that is able to deliver high-value services at significantly lower costs. These solutions enable customers to focus energy on their core business objectives and reduce the burdens associated with network acquisition and operation. One Marketplace impressed the Tech Awards Circle judges as a simplified method of designing and expanding an enterprise network that is flexible, scalable, and affordable but is delivered from a single source.

"Despite overwhelmingly strong competition, Global Capacity exhibited true industry excellence to be recognized among the top of the Tech Awards Circle," said Kevin Anderson, awards program coordinator. "Our judges were pleased at the level of submissions from all the vendors entering this year's competition, so to be named a winner of this prestigious award is a testament to the quality and innovation unrivaled in the high tech community. We wish them continued success and look forward to them defending their title during the next awards period."

"With One Marketplace, Global Capacity combines its core assets, information, systems, and expertise to deliver innovative solutions to our customers as they seek to lower their technology costs while maintaining control of their network resources," said Patrick Shutt, Chief Executive Officer of Global Capacity. "Receiving the Tech Awards Circle recognition is validation for this program, and we look forward to building on the momentum we have established for One Marketplace in 2010 and beyond."

More information about Tech Awards Circle, including the full list of winners, is available online at www.techawardscircle.com or by email at info@techawardscircle.com.

About Global Capacity

Global Capacity (parent: Capital Growth Systems, Inc.) is a telecom information and logistics company providing a fully-integrated telecommunications supply chain management system that streamlines and accelerates the process of designing, pricing, building, optimizing, and managing customized communications networks. It offers a comprehensive suite of services to enterprises, systems integrators, and carrier customers worldwide. Global Capacity is headquartered in Chicago, IL, with operational centers in Waltham, MA and Manchester, England; and with offices in Houston, TX; Glastonbury, CT; New York, NY; London, England; and Lisbon, Portugal. For more information, please visit www.globalcapacity.com.

About Tech Awards Circle

Tech Awards Circle was established this year to truly honor the "best of the best" in technology. Tech Awards Circle is not affiliated with an analyst firm or a media company, both of which are directly supported by tech vendors through consulting relationships or advertising sales, so it is uniquely unbiased and immune to conflicts of interest. Entries are judged by an independent circle of journalists, including product reviewers, each with at least a decade of experience covering technology from consumer electronics to enterprise-class computing. To prevent these judges from being unduly influenced by vendors, they have agreed to remain anonymous. For more information or to be added to the mailing list please visit www.techawardscircle.com.

Forward-Looking Statements

Certain information discussed in this press release may constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 and Federal securities laws. Although the Company believes that the expectations reflected in such forward-looking statements are based upon reasonable assumptions at the time made, it can give no assurance that its expectations will be achieved. Readers are cautioned not to place undue reliance on these forward-looking statements.

Forward-looking statements are inherently subject to unpredictable and unanticipated risks, trends, and uncertainties such as: the Company's inability to accurately forecast its operating results; uncertainty as to the volume of business or level of profitability of network optimization contracts; the Company's potential ability to achieve profitability or generate positive cash flow; the availability of financing; the risks associated with procuring a listing of its securities on one or more public stock markets; and other risks associated with the Company's business. For further information on factors which could impact the Company and its subsidiaries and the statements contained herein, reference should be made to the Company's filings with the Securities and Exchange Commission, including annual reports on Form 10-K, quarterly reports on Form 10-Q, and current reports on Form 8-K. The Company assumes no obligation to update or supplement forward-looking statements that become untrue because of subsequent events.

SOURCE Global Capacity, Inc.