November 18, 2009 (FinancialWire) — Telecommunications information and logistics firm Global Capacity, a unit of Capital Growth Systems, Inc. (OTCBB: CGSY), has been awarded a contract to optimize the network of a global carrier in three European markets.

Under the terms of the agreement, Global Capacity will offer its systems and tools to identify opportunities to reduce the operating costs of the network. This contract follows an earlier contract with the same Tier 1 client in which Global Capacity utilized its network optimization tools and global pricing applications to identify historical overcharging in 32 countries across Europe, Middle East, and Africa.

Global Capacity has built and maintains a database of market intelligence regarding global communications infrastructure and pricing that provides much needed market transparency to the highly-fragmented global access network market.

Under the contract, Global Capacity will utilize its automated pricing system that contains customer proprietary pricing data, blended with real-time quotation of competitive market rates, as a basis to conduct the optimization analysis.

Chicago-based Global Capacity is a telecom information and logistics firm providing an integrated telecommunications supply chain management system designed to streamline and accelerate the process of designing, pricing, building, optimizing, and managing customized communications networks.

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