01:43:52 EDT Mon 29 Apr 2024
Enter Symbol
or Name
USA
CA



NTG Clarity Networks Inc
Symbol NCI
Shares Issued 185,000,000
Close 2024-01-16 C$ 0.04
Market Cap C$ 7,400,000
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NTG receives PO valued at $3.6M from existing customer

2024-01-16 17:38 ET - News Release

Mr. Adam Zaghloul reports

NTG CLARITY RECEIVES PURCHASE ORDER FOR WORK VALUED AT $3.6M CAD, MAKING $15.7M IN TOTAL POS ANNOUNCED THIS YEAR

NTG Clarity Networks Inc. has received another new purchase order (PO). This PO is for $3.6-million in new work and renewals for an existing customer in the financial sector.

This PO will result in the placement of more than 15 staff to service this customer and represents a more than 55-per-cent increase in work with this customer compared with last year. The breakdown of the work is as follows:

  • $3.6-million for an existing customer in the financial sector in the Middle East:
    • $2.3-million in renewal work to provide on-site professional services resources;
    • $1.3-million in new work to provide on-site professional services resources.

"We are excited to continue Q1 2024 with this strong vote of confidence from one of our esteemed customers," said Kristine Lewis, president of NTG Clarity. "With this morning's new customer announcement and this expansion of work with this existing customer, we are continuing to establish ourselves as the go-to provider of professional services in the region."

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

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