NCI:CC - NTG Clarity Provides a Corporate Update Receives Four POs for Work Valued at $1.5M CAD

(TheNewswire)

Toronto, ON - TheNewswire - November 27, 2023 - NTG Clarity Networks Inc. (TSX.V:NCI ) ( OTC:NYWKF); NTG Clarity is pleased to announce that it has received 4new purchase orders (POs). These POs are for $1.5M in new work for twonew customers and two existing customers in the Financial, Telecom,and Food and Beverage sectors.

Continuing our trajectory of growth, these POs solidifythe company's commitment to enhancing its professional servicesportfolio and diversifying its product sales across various sectors inthe Middle East. The breakdown of the work is as follows:

• $1.5M in new work in the Middle East:

  • $1.1M to provide Offshore IT Professional Services forthree months for an existing customer in the Financial sector

  • $350K to provide On-Site IT Professional Services for12 months for a new customer in the Financial sector.

  • $60K to provide On-Site IT Professional Services for 4months for an existing customer in the Telecom sector.

  • $15K to provide an annual license for our NTGappssoftware platform for a new customer in the Food and Beveragesector.

"We are excited about our continued growth in theMiddle East market,” said Kristine Lewis, President of NTG Clarity.“These recent POs totaling $1.5 million highlight our focus onexpanding both our professional services and product sales. NTGClarity remains dedicated to leveraging the growing opportunities inthe region while diversifying our offerings acrosssectors."

Corporate Update

We would also like to take this opportunity to announcethe release of an updated Investor Presentation, which can be found onthe Investors>Shareholderpage of our website:

https://ntgclarity.com/investors/details/shareholder

In this updated presentation, we lay out our strategy for continuedgrowth in the Middle East market as well as release revenueprojections for 20 23 with an estimated$27,000,000 in revenue.

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 600 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:

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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