Business
NTG Clarity Provides a Corporate Update
(TheNewswire) Toronto, ON – TheNewswire - Marc...
About this update from Ntg Clarity Networks Inc.
[{"type":"text","content":"NTG Clarity Provides a Corporate Update\n \n \n (TheNewswire)\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n Toronto, ON –\n \n \n TheNewswire -\n \n \n March 24, 2021 - NTG Clarity Networks Inc.\n(TSXV:NCI);\n \n \n (OTC:NYWKF );\n \n \n NTG Clarity\n \n is pleased to provide a\ncorporate update.\n \n \n With regards to the MOU announced on February 16, 2021with a major\nbank for $2.5 Million CAD, NTG is finalizing the hiring of the first\n10 resources for off shoring with the bank. In the meantime, the bank\nis working on issuing the first PO for these resources estimated to be\n$425,000 CAD. Work will begin once the onboarding of these resources\nis complete, as most of them have to give notice to their current\nemployers that usually range in the Middle East between one to two\nmonths.\n \n \n Additionally, NTG has started to work on a new project onsite for the\nabove major bank with estimated value of $335,000 CAD.\n \n \n With regards to Q4 and NTG’s year end 2020 results, we are on target\nto complete the audit and announce these results before the end of\nApril as per the Ontario Securities Commission/TSX reporting\nrequirements.\n \n \n “NTG is moving forward with the projects awarded to us though\nprojects do take some time to ramp-up. We at NTG are working hard to\ncapitalize on the booming demands for IT and Telecom Services. A\n \n \n t NTG we have established ourselves in\nthese verticals as a leading provider of quality services at a very\ncompetitive price.” said Kristine Lewis, NTG Clarity’s President.\n \n \n \n About NTG Clarity Networks\nInc.\n \n \n \n NTG Clarity Networks’ vision is to be a global leader in providing\nnetworking solutions. As a Canadian company established in 1992, NTG\nClarity has delivered networking, IT and network enabled application\nsoftware solutions to network service providers and large enterprises.\nMore than 275 network professionals provide design, engineering,\nimplementation, software development and security expertise to the\nindustry’s leading network service providers and enterprises.\n \n \n \n Forward Looking Information\n \n \n \n Certain statements in this release, other than statements of\nhistorical fact, are forward looking information that involves various\nrisks and uncertainties. Such statements rela...