NYWKF - NTG Clarity Receives Purchase Order for Work Valued at $3.6M CAD Making $15.7M in Total POs Announced This Year

(TheNewswire)

Toronto, ON / TheNewswire / January16, 2024 / NTG Clarity Networks Inc. (TSXV:NCI)(OTC:NYWKF) NTG Clarity is delighted to announcethat it has received another new purchase order (PO). This PO is for$3.6M in new work and renewals for an existing customer in theFinancial sector.

This PO will result in the placement of more than 15staff to service this customer and represents a more than 55% increasein work with this customer compared to last year. The breakdown of thework is as follows:

• $3.6M for an existing customer in the Financial sectorin the Middle East:

  • oo $2.3M in renewal work toprovide On-Site Professional Services Resources

  • oo $1.3M in new work to provideOn-Site Professional Services Resources

"We are excited to continue Q1 2024 with thisstrong vote of confidence from one of our esteemed customers,” saidKristine Lewis, President of NTG Clarity. “With this morning’s newcustomer announcement and th is expansion of work with thisexisting customer, we are continuing to establish ourselves as thego-to provider of professional services in the region.”

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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