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NTG Receives 3 POs for Technical Services for $828K CAD


Toronto, ON / TNW-Accesswire / December 14, 2021 / NTG Clarity Networks Inc. (TSX.V:NCI);NTG Clarity is pleased to announce that it has received 3 purchase orders (POs) from a financial institution in the Gulf region to provide technical professional service resources. These POs are for new services and are expected to last until the end of 2022. The services will be provided both on the customer premises and offshore in our Egypt Offshore Centre.


It is worth noting that $610K CAD of the amounts in the news release issued December 10, 2021 were from this same customer (banking and financial sector), making the total new POs for this customer within the week $1.428M CAD. 


“We are very excited to receive these POs from this customer in the banking and financial sector. We originally sold to this customer last year on the promise of the quality of our workmanship, the diligence of our project management, and the professionalism of our people. This new work shows that we have exceeded expectations and we look forward to continuing to do so into 2022 and beyond.


Throughout 2021, we have been marketing our products and services to the banking and financial sector and we are pleased that our efforts are paying off, especially in this high growth sector due to their digital transformation initiatives. As seen through our news releases throughout 2021, there is a high demand for our offshore services in Egypt. We look forward to establishing this Offshore Centre as a key player in this region” said Kristine Lewis, NTG Clarity’s President.


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 275 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, NTG Clarity Networks Inc.

Ph: 905-305-1325

Fax: 905-752-0469

Email: klewis@ntgclarity.com