CHICAGO and ABINGDON, England, Feb. 4 /PRNewswire-FirstCall/ -- Global Capacity, Inc. (OTC Bulletin Board: CGSY), the world's leading telecom information and logistics company, and XOU Solutions, a provider of asset management and network inventory software to Telecoms Managed Services Providers, outsourcers and consultants, today announced that they have entered into a marketing agreement to expand their existing Memorandum of Understanding. This cooperative framework enables Global Capacity and XOU Solutions to combine their unique software, systems and tools to provide comprehensive network optimization and inventory solutions for their clients.

Global Capacity leverages a unique global information base of telecom supply, tariff, and pricing data, coupled with robust systems and automated tools, to identify and implement opportunities to financially and physically optimize client networks.

XOU Solutions provides Network Inventory Management and Asset Discovery software that audits client data networks, creating an authoritative inventory of network hardware, PABX switches and LAN assets, and enabling more efficient management of network and IT assets and their associated maintenance costs. In combination, these solutions enable clients to create a comprehensive cost reduction and revenue enhancement program for their global network infrastructure and managed services portfolios.

"The opportunity is for Global Capacity and XOU Solutions to address the most compelling issue facing our customers across the globe - how to reduce cost and improve margins," said Patrick Shutt, Global Capacity's Chief Executive Officer. "The synergy of our companies' products delivers a comprehensive cost reduction capability both in network services and hardware, a boon to clients working to meet their near and long-term financial targets."

Michael Keane, XOU Solutions Chairman and Chief Executive Officer, added, "We are delighted to partner with Global Capacity to expand the scope of the benefits we can provide to our customers. The combination of our capabilities enables us to offer cost and revenue solutions across the full spectrum, from circuit costs, through managed data assets and PABX switches, to the server and workstation environment. It is all about delivering cost reduction."

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 offices in Houston, TX; Glastonbury, CT; New York, NY; Austin, TX; London, England; and Lisbon, Portugal. For more information, please visit www.globalcapacity.com or contact the Company at 312-673-2400.

About XOU Solutions

XOU Solutions offers a unique portfolio of software tools designed for the telecoms and managed services markets. XOU Solutions operates from its headquarters in Abingdon, Oxfordshire, UK and Chicago, Illinois and has a development and support team in Chennai, India and a network of sales offices, agents and partners around the world. XOU provides unrivalled solutions for Network Inventory Management and Asset Discovery for data and voice networks, as well as for the server/workstation LAN environment. More information can be found at http://www.xousolutions.com, or please contact the company directly on +44 1235 849 300.

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 Global Capacity 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: a) 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; b) the availability of financing; the risks associated with procuring a listing of its securities on one or more public stock markets and c) 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-KSB, 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.