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Enter Symbol
or Name
USA
CA



NTG Clarity Networks Inc
Symbol NCI
Shares Issued 147,972,355
Close 2023-09-26 C$ 0.035
Market Cap C$ 5,179,032
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NTG Clarity receives $1.99-million in purchase orders

2023-09-27 17:34 ET - News Release

Mr. Adam Zaghloul reports

NTG CLARITY PROVIDES A CORPORATE UPDATE FOR WORK VALUED AT ALMOST $2 MILLION CAD

NTG Clarity Networks Inc., over the past couple of months, has received 14 purchase orders (POs) that include POs issued under its three-year professional services supply agreement announced in April, 2023.

The breakdown is approximately as follows (based on conversions to Canadian dollars).

$857,000 for new business:

  • Two POs for $522,000 to provide technical resources to a new customer in the telecom sector in the Middle East;
  • Two POs for $211,000 to provide technical resources to a new customer in the financial sector in the Middle East;
  • Two POs for $124,000 to provide technical resources to a new customer in the real estate sector.

$1,135,000 for the following business-as-usual renewals over the last few months:

  • One PO for $281,000 to provide technical resources to existing customers in the government sector in the Middle East;
  • Two POs for $265,000 to provide technical resources to existing customers in the telecom sector in the Middle East;
  • One PO for $234,000 to provide product support for an existing customer in the telecom sector in the Middle East;
  • One PO for $206,000 to provide technical resources to existing customers in the financial sector in the Middle East;
  • One PO for $107,000 to provide product support for an existing customer in the telecom sector in the Middle East;
  • Two POs for $42,000 to provide product support/change requests for an existing customer in the telecom sector in the Middle East.

"We are thrilled to showcase our continued strong Q3 performance by announcing these purchase orders, which underscore our ongoing commitment to excellence and customer satisfaction," said Kristine Lewis, president of NTG Clarity. "Our team's dedication to delivering top-tier technical solutions and support services has been instrumental in securing these orders, both from new clients and our long-standing partners. We look forward to continuing to serve the evolving needs of our clients and building upon our success."

NTG Clarity Networks remains committed to its mission of providing innovative IT (information technology) and telecommunications solutions and exceptional customer service. The company's ability to secure both new business and renewals reflects its deep industry expertise and unwavering commitment to client success.

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

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