12:11:19 EDT Sun 11 May 2025
Enter Symbol
or Name
USA
CA



NTG Clarity Networks Inc
Symbol NCI
Shares Issued 147,972,355
Close 2022-11-28 C$ 0.035
Market Cap C$ 5,179,032
Recent Sedar Documents

NTG Clarity receives $3.2-million in purchase orders

2022-11-28 10:10 ET - News Release

Ms. Kristine Lewis reports

NTG CLARITY RECEIVES POS VALUED AT OVER $3.2 MILLION CAD

NTG Clarity Networks Inc. has received multiple purchase orders with a total value of approximately $3.2-million: $2.5-million is for new resources at new customers in the Middle East; approximately $470,000 is for the company's software products; and the balance is for resources at existing customers.

The details are:

  • A purchase order from a new financial services customer to provide 11 new resources for one year with an estimated value of $2.3-million;
  • Multiple purchase orders from a major telecom customer provide new resources per an existing frame agreement and to provide an NTGapps installation; these purchase orders have an estimated value of $375,000;
  • Multiple purchase orders from a new major bank customer to provide new resources with an estimated value of $235,200;
  • A purchase order from an existing customer serving the public sector to support the company's existing installation of NTS, NTG's OSS/BSS (operations support system/business support system) software product; this six-month contract has an estimated value of $200,000;
  • A purchase order from an existing telecom customer to support NTG's existing product installations with an estimated value of $71,000;
  • A purchase order from an existing telecom customer for training sessions on NTG's existing NIC product installation with an estimated value of $14,000.

NTG has a commitment to delivering exceptional customer experiences through providing top-quality professional services and software products. The company is thrilled to see that its commitment has resulted in this quantity of new business, and NTG looks forward to working closely with these new and existing clients to deliver on that commitment.

This news comes as NTG continues to focus on expanding its market share by providing high-quality services to customers in the telecom and financial industries as well as the public sector. The company is committed to customer satisfaction, and these purchase orders demonstrate the care and integrity with which the company does business.

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 (information technology) 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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