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Global Capacity and Razorsight Sign Teaming Agreement

Posted on: Tuesday, 17 February 2009, 07:01 CST

Combined Solutions Help Clients Optimize Networks and Reduce Cost

CHICAGO and FAIRFAX, Va., Feb. 17 /PRNewswire/ -- Global Capacity (parent: Capital Growth Systems, Inc. (OTC Bulletin Board: CGSY.OB)), the world's leading telecom information and logistics company, and Razorsight, the market leader in on-demand financial business intelligence solutions, today announced they have entered into a business development and teaming agreement. This agreement enables Global Capacity and Razorsight to combine their unique software, systems and tools to provide comprehensive network optimization solutions for their clients.

Global Capacity leverages a global information base of telecom supply and pricing data, combined with proprietary pricing systems and robust network optimization tools, to analyze client networks and identify financial savings based on accurate application of contracted rates and benchmarking against market rates, as well as physical savings based on aggregating or re-homing networks based on optimized network designs. Razorsight helps clients automate critical processes by capturing all cost and revenue data into a centralized database, automating auditing, and leveraging powerful business intelligence to identify savings and anomalies. In combination, the Global Capacity and Razorsight solutions offer clients a comprehensive means to identify and realize significant savings across their entire inventory of installed network.

"This teaming agreement enables Global Capacity and Razorsight to reduce the cost and improve the efficiency of our clients' networks through a more comprehensive network optimization solution," said Patrick Shutt, Global Capacity Chief Executive Officer. "This enhanced capability, combined with the robust pipeline of current and prospective clients of each company, create a significant opportunity to accelerate widespread adoption of this offering in the marketplace."

Charlie Thomas, Razorsight Chief Executive Officer, added, "We are pleased to partner with Global Capacity to deliver high value optimization solutions to our customers. Razorsight's AIM software platform, combined with Global Capacity's pricing engine and optimization tools, provide a unique capability in the market, and we believe this agreement will benefit our respective customers by driving reduced costs, further margin improvements and more profit to the bottom line."

About Global Capacity

Global Capacity (CGSY) 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, 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 Razorsight

Razorsight Corporation is the market leader in on-demand financial business intelligence and analytics solutions for Communications Services Providers. Razorsight's Software-as-a-Service (SaaS) automates workflow from invoice receipt to payment with zero touch by eliminating paper and arduous manual processes, while providing detailed visibility into carrier cost and revenue data.

Razorsight has transformed the way communications companies reach optimal performance for cost and margin management. Razorsight's highly scalable, web-based software is easy to install, requires no capital investment, and has helped customers realize millions of dollars in cost savings. Razorsight solutions are used by industry leaders such as Verizon, Telus, IBM and AT&T, as well as by small and medium-sized carriers such as Neutral Tandem and NTS Communications to capture, audit and analyze more than $50 billion in annual telecommunications expenditures.

Razorsight is based in Fairfax, VA and has offices in St. Louis, MO and Bangalore, India. For more information about Razorsight, visit: www.razorsight.com.

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-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

Source: PR Newswire

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