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NTG Clarity Receives Multiple POs for Approximately $2 Million CAD

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Toronto, ON / TNW-ACCESSWIRE / December 20, 2019 / NTG Clarity Networks Inc. (TSX.V:NCI).

 

NTG Clarity is pleased to announce the receipt of multiple POs in the Gulf region for professional services for approximately $2 Million Canadian. The work on these projects starts immediately with durations of 6 to 12 months.

 

In an unrelated matter, The Company announced that 100,000 share options will be issued for each member of the Board of Directors for the Company; Ashraf Zaghloul, M. Adel Zaghloul, Kristine Lewis and Nick Hamilton-Piercy. An additional 50,000 options will be issued to each of the managing directors; Ashraf Zaghloul, M. Adel Zaghloul and Kristine Lewis. Each option will be exercisable at a price of $0.10 per share and replaces expired options.

 

About NTG Clarity Networks Inc.

NTG Clarity Networks’ vision is to be a global leader in providing networking solutions. As a Canadian company established in 1992, NTG Clarity has delivered networking, IT and network enabled application software solutions to network service providers and large enterprises. More than 300 network professionals provide design, engineering, implementation, software development and security expertise to the industry’s leading network service providers and enterprises.

 

Forward Looking Information

Certain statements in this release, other than statements of historical fact, are forward looking information that involves various risks and uncertainties. Such statements relating to, among other things, the prospects for the company to enhance operating results, are necessarily subject to risks and uncertainties, some of which are significant in scope and nature.

 

These uncertainties may cause actual results to differ from information contained herein. There can be no assurance that such statements will prove to be accurate. Actual results and future events could differ materially from those anticipated in such statements. These and all subsequent written and oral forward looking statements are based on the estimates and opinions of the management on the dates they are made and expressly qualified in their entirety by this notice. The Company assumes no obligation to update forward looking statements should circumstances or management's estimates or opinions change.

 

The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.

 

For Further Information:

Kristine Lewis, President

Phone: 905-305-1325

Fax 905-752-0469

Email: KLewis@ntgclarity.com