EXHIBIT 21
LIST OF SUBSIDIARIES
Capital Growth Systems, Inc., a Florida corporation (operating)
20/20 Technologies, Inc, a Delaware corporation (operating)
20/20 Technologies I, LLC, a Delaware limited liability company
Magenta netLogic Limited UK, a United Kingdom corporation (operating)
CentrePath, Inc., a Delaware corporation (operating)
Global Capacity Group, Inc., a Texas corporation (operating)
Capital Growth Acquisition, Inc., a Delaware corporation
Vanco Direct USA, LLC, a Delaware limited liability company – now known as Global Capacity Direct, LLC (operating)
Nexvu Technologies, LLC, a Delaware limited liability company (discontinued)
FNS 2007, Inc., a Delaware corporation (discontinued)