LONDON, Dec. 10 /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 its "Software as a Service" (SaaS) line of business delivered robust 2009 results, including a strong start for the recently released GCPrice. Global Capacity leverages its proprietary telecom industry information and automation across 195 countries and six continents. The SaaS products enable customers to access this knowledge engine through online interfaces to increase efficiency and reduce cost.

Sales of the SaaS products grew worldwide with a 16.9% annual growth rate. This growth was driven by 18 new and upgraded clients in 2009, many of whom are leading integrators and global telecommunication providers. Additionally, SaaS delivered strong renewals to existing clients and increased functionality of the SaaS products and services. The newly released GCPrice product, an online telecom tariff research tool, has gained traction since its initial release in October 2009, with 39 active trials worldwide in the first 49 days.

The leaders of Global Capacity's SaaS line of business, Nigel Meacham, Managing Director of Information Systems and Ted Kunkel, General Manager for the Software Group, stated that Global Capacity is well positioned for 2010.

"We are pleased with the traction our Software as a Service line of business is receiving in the marketplace. Demand stems from all reaches of the world and inquiries have come from six continents," said Meacham. "The customer needs range from fast turnaround to supporting quotation requests to optimization analysis."

"Even in the face of global economic challenges, Software as a Service customer opportunities continue to expand," added Kunkel. "The need for global telecom pricing systems and custom software that empowers expense control and streamlined operations is a compelling requirement."

Global Capacity SaaS processed more than $150 million in MRR (monthly recurring revenue) Pricing / Quoting during 2009.

Additionally, improvements to the SaaS products in 2009, including multi-user functionality and the use of operational research, delivered greater effectiveness and efficiencies for customers. For example, modifying and rewriting certain algorithms associated with operational research in 2009 resulted in savings of up to 40% for customers worldwide.

For more information on Global Capacity, please visit www.globalcapacity.com, and to learn more about the GCPrice platform, please visit www.gcprice.com.

About Global Capacity

Global Capacity (parent: Capital Growth Systems, Inc.) is a telecom information and logistics company that increases efficiency and reduces data movement costs for our clients. Global Capacity streamlines and accelerates the process of designing, pricing, building, optimizing, and managing both standard and customized data movement networks. Global Capacity delivers services to enterprises, systems integrators, governments and carrier customers worldwide. Global Capacity's knowledge engine is powered by information, knowledge, analysis, and algorithms covering 195 countries on 6 continents. For more information, please visit www.globalcapacity.com or contact the company at + 1 312-673-2400.

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.