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NTG Receives a Second PO Valued at $1.35M CAD
2021-12-09
Toronto, ON / TNW-Accesswire / December 9, 2021 / NTG Clarity Networks Inc. (TSX.V:NCI);With regards to the $4.5M CAD Letter of Intent (LOI) announced on September 27, 2021, and following our announcement on December 8, 2021 of the receipt of the first PO for the purchase of the Software License, NTG Clarity is pleased to announce that it has received a second purchase order (PO) with a value of approximately $1.35M CAD for the onsite implementation of its Asset, Inventory and Configuration Management Solution. This work will begin immediately and will be completed by the end of 2022.
“With this second PO, we will begin the implementation of our software product for our new customer in the Middle East. This five-year project confirms the trust that customers have in our products and services. This project also confirms the competitiveness of the NTG products. As previously stated, the sale of our products contributes significantly to our bottom line due to its high profit margins” 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