(TheNewswire)
Toronto, ON – TheNewswire - September 27, 2023 - NTG Clarity NetworksInc. (TSXV:NCI); NTG Clarity is pleased toannounce that over the past couple of months, it has received 14purchase orders (POs) that includes POs issued under our 3-yearProfessional Services Supply Agreement announced in April 2023.
The breakdown is approximately as follows(based onconversions to CAD).
$857K for new business:
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2 POs for $522K to provide technical resources to a newcustomer in the Telecom sector in the Middle East.
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2 POs for $211K to provide technical resources to a newcustomer in the Financial sector in the Middle East.
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2 POs for $124K to provide technical resources to a newcustomer in the Real Estate sector.
$1.135M for the following business as usual renewalsover the last few months:
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1 POs for $281K to provide technical resources toexisting customers in the Government sector in the Middle East.
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2 POs for $265K to provide technical resources toexisting customers in the Telecom sector in the Middle East.
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1 PO for $234K to provide product support for anexisting customer in the Telecom sector in the Middle East.
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1 POs for $206K to provide technical resources toexisting customers in the Financial sector in the Middle East.
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1 PO for $107K to provide product support for anexisting customer in the Telecom sector in the Middle East.
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2 POs for $42K to provide product support/changerequests for an existing customer in the Telecom sector in the MiddleEast.
"We are thrilled to showcase our continued strongQ3 performance by announcing these purchase orders, which underscoreour ongoing commitment to excellence and customer satisfaction,"said Kristine Lewis, President of NTG Clarity. “Our team’sdedication to delivering top-tier technical solutions and supportservices has been instrumental in securing these orders, both from newclients and our long-standing partners. We look forward to continuingto serve the evolving needs of our clients and building upon oursuccess.”
NTG Clarity Networks Inc. remains committed to itsmission of providing innovative IT and telecommunications solutionsand exceptional customer service. Our ability to secure both newbusiness and renewals reflects its deep industry expertise andunwavering commitment to client success.
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 large enterprises. More than 600 IT and networkprofessionals provide design, 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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