Ms. Kristine Lewis reports

NTG CLARITY RECEIVES 14 POS FOR WORK VALUED AT $3.8M CAD

NTG Clarity Networks Inc. has received 14 new purchase orders (POs). These POs are for $3.8-million in new work and renewals for existing customers in the financial, telecom, IT (information technology), and food and beverage sectors.

Closing out 2023 with continued growth, these recent POs signify the continued trust and confidence placed in NTG Clarity's IT products and services. The breakdown of the work is as follows.

• $2.8-million in new work in the Middle East:
  • $655,000 to provide on-site IT professional services for six months for an existing customer in the telecom sector;
  • $786,000 to provide on-site IT professional services for 15 months for an existing customer in the financial sector;
  • $410,000 across five purchase orders to provide offshore and on-site IT professional services for two months for an existing customer in the financial sector;
  • $825,000 across two POs to provide a customized implementation of the company's NTGapps product for an existing customer in the telecom sector;
  • $85,000 to provide an ERP (enterprise resource planning) solution on the company's NTGapps product for an existing customer in the food and beverage sector;
• $1-million in renewals in the Middle East:
  • $505,000 to provide support for the company's NTGapps product for 12 months for an existing customer in the telecom sector;
  • $438,000 to provide on-site IT professional services for 12 months for an existing customer in the IT sector;
  • $52,000 to provide on-site IT professional services for three months for an existing customer in the telecom sector.

"We are excited to enter 2024 with such strong, consistent growth in the Middle East market," said Kristine Lewis, president of NTG Clarity. "These POs showcase the quality and dependability of both NTG's services and products, with our existing customers renewing their contracts as well as expanding our relationships by onboarding new products and services."

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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