Global Capacity Announces Software as a Service Contract

Cavalier Engages Global Capacity's Automated Pricing Expertise

CHICAGO, July 7 /PRNewswire-FirstCall/ -- Global Capacity (parent: Capital
Growth Systems, Inc. (OTC Pink Sheets: CGSY)), the world's leading
telecommunications information and logistics company, today announced that
Cavalier has signed a two year contract to utilize Global Capacity's Software
as a Service pricing solution to help streamline Cavalier's back-office
operations. Cavalier will use a customized version of Global Capacity's
pricing portal that consolidates Cavalier's proprietary network infrastructure
information and pricing rules with Global Capacity's information base of
access supply and pricing data to provide Cavalier with a robust, automated,
accurate means to generate pricing for off-net access requirements.

"Global Capacity's telecom information and pricing system allows Cavalier to
have better pricing intelligence on the front end of our processes, as well as
enables us to make better decisions after we bring on new customers," said
Danny Bottoms, president and CEO of Cavalier. "The application arms Cavalier
with solutions that enable us all to win."

Global Capacity leverages a global information base of telecommunications
supply and pricing information to deliver systems and tools that automate and
streamline the entire supply chain for access networks, from design and
pricing to provisioning and network management. Global Capacity systems
currently process in excess of 117,000 price quotes per month for customers
around the globe, helping drive transparency and efficiency into the complex
access network market.

"We are pleased to expand our relationship with Cavalier through this
contract," said Patrick Shutt, Global Capacity Chief Executive Officer. "This
win validates Global Capacity's ability to enable clients to leverage
information and systems to automate back-office processes, improving
efficiency and reducing the cost of finding, winning and delivering new
business."

About Global Capacity

Global Capacity (parent: Capital Growth Systems, Inc.) 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, optimizing, 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; London, England; and Lisbon, Portugal. For
more information, please visit www.globalcapacity.com or contact the Company
at 312-673-2400.

About Cavalier
Cavalier, headquartered in Virginia, is a full-service provider of reliable
and efficient telecommunications solutions for business, consumer, and
government customers. Using its owned and operated fiber optic network, the
company serves hundreds of thousands of customers throughout the eastern
United States. From landline voice to managed network services, customers
depend on Cavalier for a wide range of communications products that drive
their businesses and simplify their lives. We strive to combine technology
with customer commitment to deliver the best value available. For more
information, please visit us on the web at http://www.cavtel.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-QS, 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

Customers, Partners: Jack Lodge, Chief Operating Officer of Global Capacity,
+1-781-902-5196, or jlodge@globalcapacity.com; Media, Analysts: Amanda Lordy
of Dukas Public Relations, +1-212-704-7385, or Amanda@dukaspr.com; Cavalier
Media Contact: Lisa McCausland of Dahlia Public Relations, +1-303-888-2137, or
lmccausland@cavtel.com; Investors: Jeff Salzwedel of Salzwedel Financial
Communications, Inc., +1-503-722-7300, or jeff@sfcinc.com