Mr. Adam Zaghloul reports

NTG CLARITY ANNOUNCES WORK VALUED AT $6M CAD

NTG Clarity Networks Inc. has received new orders totalling approximately $6-million for new work and renewals from new and existing customers in the information-technology and telecom sectors. This follows the recent announcement of our largest-ever contract which was awarded to NTG in August, 2024.

Notably, these new orders include more than $5-million in work from a Middle Eastern system integrator. As organizations across the Middle East prioritize the digital transformation of their services, NTG is continuing to win work due to our decades-long record of quality work at competitive prices. The breakdown of the work is as follows, with all customers in the Middle East:

• 5.3-million for new work across multiple POs to provide offshore and onsite resources to an existing system integrator customer in the IT sector;

• 525,000 for new work across multiple POs to provide onsite resources for existing customers in the IT sector;

• $227,000 across multiple POs to provide customizations to our NTGapps platform for existing customers in the telecom sector.

"It's amazing to see system integrators in the Middle East continue to award more and more work to NTG," said Adam Zaghloul, vice-president, strategy and planning, of NTG Clarity. "As organizations in the region continue to digitize their services, they're increasingly trusting NTG to provide quality services at a competitive price."

Having recently announced a number of new material contract wins, management expects to update its financial guidance in the near future.

Further, NTG has updated its investor presentation to better reflect the company's progress and rapid growth over 2024. The updated presentation can be found on the company's website.

About NTG Clarity Networks Inc.

NTG Clarity Networks' vision is to be a global leader in digital transformation solutions. As a Canadian company established in 1992, NTG Clarity has delivered software, networking and IT solutions to large enterprises including financial institutions and network service providers. More than 800 IT and network professionals provide design, engineering, implementation, software development and security expertise to the industry's leading enterprises.

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