(TheNewswire)
Toronto, ON - TheNewswire - Aug 21, 2023 - NTG Clarity Networks Inc. (TSX.V:NCI); NTGClarity is thrilled to announce the expansion of its offshorefacilities with the signing of lease for new office space situatedalong the picturesque Nile in Cairo. This strategic move not onlydemonstrates NTG Clarity’s commitment to provide to our employeesand customers the best state of the art working environment but alsosolidifies our position as a leader in the technology sector.
The newly secured office, located in a well-establishedand vibrant part of Cairo, is poised to become NTG Clarity’sflagship offshore resource campus. Boasting ample space to accommodateup to 120 staff members, the facility has been designed with thefuture in mind, featuring the potential for expansion across twoadditional floors that could accommodate an impressive 300 morepersonnel.
Equipped with two redundant electrical power sourcesand an electrical generator, the facility ensures a 24/7 up time tosupport our customer’s needs and the different time zones we workwith, guaranteeing seamless productivity.
“By establishing this central hub on the Nile, NTGClarity has strategically positioned itself to tap into a diversetalent pool from all corners of Cairo. Combined with our existingcampuses in Haram and Maadi, we now boast a large and expandingpresence in the east, west, and central regions of the city,” saidKristine Lewis, President of NTG Clarity. “These three locations notonly strengthen NTG Clarity’s capacity to attract and retaintop-tier talent but also enhances our agility in deliveringcutting-edge solutions to clients worldwide.”
Renovation of the new office space is in progress, withcompletion expected within the next six weeks. The official launch ofthe facility is slated for October 2023, with approximately 30 newstaff resources set to embark on their roles from the office.
The first batch of staff stationed at the new officewill be dedicated to projects stemming from the $10.7 million FrameAgreement announced in April 2023. The office will also play a crucialrole in fulfilling a substantial portion of the $6 million in PurchaseOrders announced in July 2023. This marks a significant step forwardin translating these agreements into tangible and impactful solutionsfor NTG’s diverse clientele.
NTG Clarity continues to push the boundaries ofinnovation while fostering an environment that nurtures talent andpropels the company toward even greater heights. The Nile officestands as a testament to NTG Clarity’s unwavering commitment toexcellence, growth, and customer-centric solutions.
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, softwaredevelopment and security expertise to the industry’s leadingenterprises.
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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