August 28, 2009 (FinancialWire) — Capital Growth Systems, Inc.’s (OTC: CGSY) (Current Market Cap: $22.90 Mil.) Global Capacity unit said it has won two strategic sourcing contracts with total contract value of more than $2.9 million.

According to the company, the contracts will be delivered via an expansion of a Global Capacity solution that utilizes telecom information and network optimization tools.

Chicago-based Global Capacity is a telecom information and logistics company providing a telecommunications supply chain management system.

The company offers its services to enterprises, systems integrators, and carrier customers.

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