NCI:CC - NTG Clarity Announces Four New NTGapps Implementation Projects in New Market

(TheNewswire)

Toronto, ON / T heNewswi re / March 13, 2024 / NTG Clarity NetworksInc. (TSX.V:NCI, OTC: NYWKF); NTG ClarityNetworks Inc. is excited to announce its signing of four projects forthe licensing and implementation of its NTGapps platform.

In recent years, NTG Clarity has been developingNTGapps. NTGapps is a powerful low-code development tool that offersrapid application development by users who need no knowledge ofsoftware development languages. Plug-and-play templates allow users tocreate their own business operation tools like HR, CRM, assetmanagement, and many more. The projects are as follows:

• Two separate projects to implement end-to-endEnterprise Resource Planning (ERP) systems

• One project to implement a payroll platform forenterprise human resources use

• One project to implement a mobile app to supportbilling, collections, and meter reading for a utilitiesoperator

  • This is the same utilities operator with whom weimplemented a previously announced water utility billing solution.This is an expansion to their solution.

It’s important to note that all of these projects are withcustomers based in Iraq. NTG has not historically operated in Iraq;however, in recent years, Iraq has been a rapidly growing emergingmarket in need of technology and software to help them meet theirgrowth goals. NTG Clarity has a partnership with an Iraqi company thatbrings our products and services to the growing Iraqi market. Thispartnership is the driver behind our growing presence in Iraq.

Alongside the technical and business functions ofNTGapps, global companies value the high level of localization withbuilt-in multi-language support for English and Arabic, as well asmany other languages. In addition to license fees, these projects willgive NTG recurring revenue for maintenance and support. Financialinformation for these projects will be discussed in separaterelease(s).

“It’s great to see growing traction for our NTGappsplatform in such broad enterprise use cases,” said Ashraf Zaghloul,CEO of NTG Clarity. “With our software offerings gaining ground innew markets, and our outsourcing offering showing record growth,we’re on our way to being a worldwide go-to provider of software andoutsourcing services.”

About NTG Clarity NetworksInc.

NTG Clarity Networks’ vision is to be a global leaderin digital transformation solutions. As a Canadian company establishedin 1992, NTG Clarity has delivered software, networking, and ITsolutions to large enterprises including financial institutions andnetwork service providers. More than 600 IT and network professionalsprovide design, engineering, implementation, software development andsecurity expertise to the industry’s leading enterprises.

Forward Looking Information

Certain statements in this release, other thanstatements of historical fact, are forward looking information thatinvolves various risks and uncertainties. Such statements relating to,among other things, the prospects for the company to enhance operating results, are necessarily subject to risks anduncertainties, some of which are significant in scope and nature.

These uncertainties may cause actual results to differfrom information contained herein. There can be no assurance that suchstatements will prove to be accurate. Actual results and future eventscould differ materially from those anticipated in such statements.These and all subsequent written and oral forward-looking statementsare based on the estimates and opinions of the management on the datesthey are made and expressly qualified in their entirety by thisnotice. The Company assumes no obligation to update forward lookingstatements should circumstances or management's estimates or opinionschange.

The TSX Venture Exchange does not accept responsibilityfor the adequacy or accuracy of this release.

For Further Information:

Adam Zaghloul, Vice President, Strategy &Planning

NTG Clarity Networks Inc.

Ph: 905-305-1325

Fax: 905-752-0469

Email: adam@ntgclarity.com

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