Geckotech Partners with Global Capacity
CHICAGO, September 10, 2009 – Global Capacity, Inc. (parent: Capital Growth Systems, Inc. (OTC Pink Sheets: CGSY)), the world's leading telecommunications information and logistics company, today announced that it has won a new contract to provide Remote Management Services to Geckotech, a provider of nationwide hosted VoIP services for businesses. Under the terms of the three-year agreement, Global Capacity will provide around-the-clock management of Geckotech’s nationwide access network, quickly and accurately identifying, isolating, and resolving errors and ensuring maximum uptime for Geckotech’s business-critical applications. In addition, Global Capacity will provide acceptance testing and integration of new circuits onto Geckotech’s network, which is expected to double from its current 250 circuits within the first year of the agreement.
Geckotech is a “one-stop-shop” for Hosted Business VoIP, alleviating the up-front costs associated with buying expensive premise-based equipment only to watch the technology become obsolete. The Competitive Local Exchange Carrier provides a Cisco-Powered Hosted Voice over IP Phone and Internet service for businesses nationwide over a private MPLS network.
"Partnering with Global Capacity provides a highly-scalable extension to Geckotech’s customer support team with experts in around-the-clock proactive circuit management. The partnership will add value to Geckotech’s core offering by allowing us to focus on providing our customers with superior, individualized support, the highest level of network uptime, and reliable Hosted VoIP service,” said Josh Robbins, Managing Partner of Geckotech.
Global Capacity operates Network Control Centers (NCC) in Waltham, MA and Chicago, IL, where it provides comprehensive network management services for over 10,000 circuits in the United States and European Union. The centers provide around-the-clock services with fully redundant facilities – including system and data redundancy, diverse carrier support, and full environmental support – including battery and diesel generator back-up. The NCC is staffed by highly-skilled engineers working with a wide range of high-end network management systems and tools, including a knowledge base driven correlation engine. The engineers are supported by a world-class engineering team for escalation management and ongoing analysis of intermittent and chronic issues, in accordance with the best methods and practices found in the industry.
“Whether delivered as a stand-alone service or as part of a turn-key network solution, the ability to accurately and cost effectively manage critical customer networks is a core value of Global Capacity,” said Patrick Shutt, Global Capacity’s Chief Executive Officer. “This contract highlights the flexibility and value of Global Capacity’s telecom information and logistics business model and we are pleased that Geckotech has joined the growing list of customers who have placed their trust in Global Capacity.”
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 Geckotech
Geckotech is a Nationwide Cisco-Powered Hosted VoIP provider for businesses. Geckotech’s SimpleVoIP service, delivered over a Cisco-Powered Network, provides clients nationwide with a feature-rich, flexible alternative to traditional phone systems. Hosted VoIP for business eliminates ongoing operating costs for disparate phone systems at multiple office locations, provides a consolidated voice and data network, and increased network security. As a Hosted VoIP provider, Geckotech supplies clients with all network equipment and phones, alleviating the up-front costs associated with buying expensive premise-based equipment only to watch the technology become obsolete. For more information, visit www.geckotechllc.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-K, 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.