NYWKF - NTG Clarity Receives a Second PO Valued at $1.35M CAD
(TheNewswire)
Toronto, ON - T heNewswire - December 9, 2021 - NTG Clarity NetworksInc. (TSXV:NCI); With regards to the $4.5M CAD Letter of Intent(LOI) announced on September 27, 2021, and following our announcementon December 8, 2021 of the receipt of the first PO for the purchase ofthe Software License, NTG Clarity is pleased toannounce that it has received a second purchase order (PO) with avalue of approximately $1.35M CAD for the onsite implementation of itsAsset, Inventory and Configuration Management Solution. This work willbegin immediately and will be completed by the end of 2022.
“With this second PO, we will begin the implementation of oursoftware product for our new customer in the Middle East. Thisfive-year project confirms the trust that customers have in ourproducts and services. This project also confirms the competitivenessof the NTG products. As previously stated, the sale of our productscontributes significantly to our bottom line due to its high profitmargins” said Kristine Lewis, NTG Clarity’s President.
About NTG Clarity NetworksInc.
NTG Clarity Networks’ vision is to be a global leader in providingnetworking solutions. As a Canadian company established in 1992, NTGClarity has delivered networking, IT and network enabled applicationsoftware solutions to network service providers and large enterprises.More than 275 network profe ssionalsprovide design, engineering, implementation, software development andsecurity expertise to the industry’s leading network serviceproviders and enterprises.
Forward Looking Information
Certain statements in this release, other than statements ofhistorical fact, are forward looking information that involves variousrisks and uncertainties. Such statements relating to, among otherthings, the prospects for the company to enhance operating results,are necessarily subject to risks and uncertainties, some of which aresignificant in scope and nature.
These uncertainties may cause actual results to differ frominformation 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 responsibility for theadequacy 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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