June 10, 2010 (FinancialWire) (Go to http://www.financialwire.net/?s=ftrdnwswnd for all of today’s featured news.) — Global Capacity (OTCBB: CGSY), a telecommunications information and logistics firm, said that it has executed 102 contracts totaling greater than $5.2 million total contract value between January 1, 2010 and May 31, 2010. According to the company, 68% of the new contracts are recurring contracts representing over $4.3 million of total revenue, with revenue being recognized monthly as services are rendered over terms ranging up to 36 months. Global said that 32% of the contracts are non-recurring in nature, and represent over $880,000 in one time revenues.

The company also said that the new contracts encompass a range of vertical industries, ranging from cable operators and internet service providers to government, financial services, health care and utility operators.

Illinois-based Global Capacity is a telecom information and logistics firm that leverages a collection of global telecom supply and pricing data to enable transparency and automation in the global access network market. The company provides software & optimization solutions and network solutions used by integrators, telecommunications companies, and enterprise customers

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