NCI:CC - NTG Clarity Receives 2 POs for Work Valued at $8.3M CAD

(TheNewswire)

Toronto, ON / T heNewswire / January 16, 2024 / NTG Clarity NetworksInc. (TSX.V:NCI ) ( OTC:NYWKF) NTG Clarity is pleased to announcethat it has received 2 new purchase orders (POs). These POs are for$8.3M in new work for a new customer in the Financial sector.

Continuing our impressive 2023 growth into 2024, these POs show NTG Clarity’s commitment to excellencein offshore and on-site professional services. These POs will resultin the placement of more than 80 staff to service this new customer.The breakdown of the work is as follows:

• $8.3M in new work in the Middle East for a new customerin the Financial sector:

  • oo $5.5M to provide OffshoreProfessional Services Resources

  • oo $2.8M to provide On-SiteProfessional Services Resources

"We are happy to be starting 2024 with suchstrong, continued organic growth in our Middle East market,” said Kristine Lewis,President of NTG Clarity. “These POs exemplify how NTG is becomingthe go-to provider of professional services in the region with large,well-known players in the Financial sector signing on as newclients."

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 625 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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