NCI:CC - NTG Clarity Announces POs Valued at Approximately $1.389 Million CAD

(TheNewswire)

Toronto, ON - T heNewswire - March 23, 2023 - NTG Clarity Networks Inc, (TSX.V:NCI); NTGClarity is pleased to announce that it has received multiple purchaseorders (POs) for onsite and offshore technical services work forexisting customers in both the telecom and finance sectors.

The breakdown is approximately as follows (based onconversions to CAD):

• A 1-year PO renewal for $1.191M to provide onsite andoffshore resources for an existing customer in the finance sector inthe Middle East.

• A 1-year PO extension for $194K for a technicalresource for an existing customer in the Middle East.

• A PO for $4K for product work.

"We are excited to close out Q1 2023 with a coupleof our existing customers choosing to extend our business relationshipby renewing contracts for our top-quality professional services,”explained Kristine Lewis, President of NTG Clarity. “These POs showthat even as we continue to expand our Egypt Offshore Centre to caterto new customers, we a re still able to maintain a steady base of recurring businessin the Telecom sector, and in the Financial sector where we continueto grow our presence.”

About NTG Clarity NetworksInc.

NTG Clarity Networks’ vision is to be a global leaderin providing networking solutions. As a Canadian company establishedin 1992, NTG Clarity has delivered networking, IT and network enabledapplication software solutions to network service providers and largeenterprises. More than 500 IT and network professionals providedesign, engineering, implementation, software development and securityexpertise 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 operatingresults, are necessarily subject to risks and uncertainties, some ofwhich 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:

Kristine Lewis, President, NTG Clarity NetworksInc.

Ph: 905-305-1325

Fax: 905-752-0469

Email: klewis@ntgclarity.com

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