Mr. Adam Zaghloul reports

NTG CLARITY ANNOUNCES WORK VALUED AT $12.5 MILLION

NTG Clarity Networks Inc. has received new purchase orders and contract renewals totalling approximately $12.5-million from existing and new customers.

In the last while, NTG has won:

• $4-million in new work:
  • $2-million in purchase orders to deliver on-site and offshore software development services;
  • $2-million in purchase orders for licensing, customization and continuing support of the company's NTGapps platform for an existing telecom client;
• $8.5-million in renewals:
  • $5.1-million across multiple contracts for both offshore and on-site development services:
    • Several of these renewals include an increase in the number of contracted resources;
  • $3-million in purchase orders for offshore and on-site development services:
    • These POs represent billings under previously announced agreements, including the $53-million three-year contract announced in August, 2024, as work continues to ramp up;
  • $400,000 in purchase orders for licensing, customization and continuing support of the company's NTGapps platform for an existing telecom client.

The ratio of renewals to new work in these POs and contracts exemplifies NTG's ability to not only impress and expand engagements with existing clients, but also secure new projects through largely referral-driven sales efforts. Continued strong orders for new work and renewals put the company on track to meet its 2025 revenue guidance of $75-million.

"Our sales strategy is clearly gaining traction as evidenced by several new contract wins aligned with our referral-driven, land-and-expand approach," said Adam Zaghloul, vice-president of strategy and planning at NTG Clarity. "Notably, $8.5-million of the announced purchase orders come from existing clients who are continuing or expanding their outsourcing engagement with us -- often allocating more of their digital transformation budgets to NTG as a result of the consistent value we've delivered. We're also seeing accelerating interest in our NTGapps platform, which clients increasingly recognize as a flexible, scalable tool to support their evolving digital transformation needs."

About NTG Clarity Networks Inc.

NTG Clarity's 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 information technology solutions to large enterprises, including financial institutions and network service providers. More than 1,000 IT and network professionals provide design, engineering, implementation, software development and security expertise to the industry's leading enterprises.

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