NYWKF - NTG Clarity Receives 5 POs and 2 Contract Additions for an Estimated Value of $1.22M CAD

(TheNewswire)

Toronto, ON - T heNewswire - February 1 4 ,2022 - NTG Clarity Networks Inc. (TSXV:NCI) (OTC: NYWKF) NTG Clarity ispleased to announce that it has received 5 purchase orders (POs) fromthree existing and one new customer in the Middle East. We alsoreceived 2 one-year contract extensions; to provide technicalresources to existing telecom customers in Canada and the MiddleEast.

• A one year contract extension worth approximately $389KCAD to provide technical resources to a major telecom service providerin Canada. The estimated cost to provide these services is $250KCAD.

• Addition under a Frame Agreement worth approximately$430K CAD for the placement of 8 extra resources for one year for acustomer in the financial sector. The estimated cost to provide theseservices is $300K CAD.

• A PO worth $277K CAD to provide RND changes to ourinstalled software product for an existing customer in the telecomsector in the Middle East. The work starts immediately and is expectedto be completed in 4 months.

• 2 POs worth $51K CAD total to provide professionalservices to an existing customer in the telecom sector in the MiddleEast.

• A PO worth $21K CAD to provide software license and supportservices to a new customer in IT Infrastructure and CloudComputing.

• A PO worth $58K CAD to provide a technical resource toa multinational system integrator.

“The ongoing renewal of our professional service resources contractscontinues to highlight our customers’ trust in the quality ofNTG’s technical resources. This trust solidifies NTG’s position asa global player in the technical services sector, as seen by ourexisting and growing customer base in North America and abroad,”said Kristine Lewis, NTG Clarity’s President.

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 300 network professionals provide design,engineering, implementation, software development and securityexpertise to the industry’s leading network service providers andenterprises.

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 oralforward looking statements are based on the estimates and opinions ofthe management on the dates they are made and expressly qualified intheir entirety by this notice. The Company assumes no obligation toupdate forward looking statements should circumstances or management'sestimates or opinions change.

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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