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Global Capacity to Participate in Panel Discussion at Pacific Telecommunications Conference
CHICAGO--([ BUSINESS WIRE ])--Global Capacity, Inc. (parent: Capital Growth Systems, Inc.) (OTCBB: CGSY), the telecommunications industry's first logistics company, today announced Patrick Shutt, Chief Executive Officer of Global Capacity, will participate in a panel discussion at the Pacific Telecommunications Council (PTC) Conference in Hawaii on January 18, 2009.
The panel will address the emergence of Communities of Interest (COIs) and the roles they play in leveraging network infrastructure and technology to support private networking requirements. The panel also will discuss the growing demand for network capacity and application distribution in the current retail marketplace and whether users could benefit from a "wholesale" buying approach – peering and private interconnects as opposed to the traditional retail telecommunications model.
"Global Capacity's unique telecommunications information management systems enable clients to respond to changing market requirements quickly and cost effectively," said Mr. Shutt. "The PTC panel discussion is very timely, as we are working with clients to address these issues today. I look forward to a productive session."
About Global Capacity
Global Capacity is a telecom 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; Manchester, England; and offices in New York, NY; Houston, TX; Austin, TX; Glastonbury, CT; London, England and Lisbon, Portugal. For more information, please visit [ www.globalcapacity.com ] or contact the Company at 312-673-2400.
About The PTC Annual Event
The Pacific Telecommunications Council is an international community of members with a common vision and mission. Through a network of members extending across more than 50 nations, PTC promotes the development and use of telecommunications and ICT (information and communications technologies) to enhance the lives of people living in the Pacific hemisphere. PTC's members use telecom and ICT to improve commerce, governance, education, health, safety, and the human condition in general. A superb environment for senior-level business networking draws thousands to Honolulu each January during the annual conference. For more information, visit [ http://www.ptc.org/ptc/ ]
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.