Ms. Kristine Lewis reports

NTG CLARITY RECEIVES POS VALUED AT APPROXIMATELY $900K CAD

NTG Clarity Networks Inc. has received multiple purchase orders (POs) with a total value of approximately $900,000. Approximately $390,000 of this is for the company's NTGapps product, and the balance is for new resources at one new and one existing customer. These include:

• Two POs from an existing telecom customer to provide NTG's fixed ticketing system on its NTGapps platform with an estimated value of $390,000;
• A PO from a new customer in the financial sector to provide resources with an estimated value of $406,000;
• A PO from a major bank in the Middle East to provide a new resource for six months, with an estimated value of $104,000.

The first two POs are for the company's NTGapps service management suite. IT (information technology) teams use this product to manage the end-to-end delivery of IT services to customers. It includes all the processes and activities to design, create, deliver and support IT services. It should be mentioned that this is the company's third implementation for this system, which is gaining momentum for its ease of use and inclusion of best practices based on the ITIL (information technology infrastructure library) standards. Added to this is the company's powerful workflow automation that has been part of the NTG products for the last 20 years.

NTG showcased this product at the Mobile World Congress (MWC) in Las Vegas last week and the company will demonstrate it in Dubai's GITEX (Gulf Information Technology Exhibition) next week.

These POs demonstrate the trust that NTG builds with its customers. Upon seeing the quality and value of NTG's products and services, customers are quick to expand their relationship with NTG and procure additional licences and resources. This trust gives NTG the reputation needed to expand its offering to new customers in growing industries such as the financial sector.

The value of these POs, added to the estimated $18-million of POs on hand discussed in the company's previous releases, brings its backlog close to $19-million. The company is also in the process of negotiating renewals of other contracts with other existing customers.

About NTG Clarity Networks Inc.

NTG Clarity's 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 500 IT and network professionals provide design, engineering, implementation, software development and security expertise to the industry's leading enterprises.

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