Business
NTG Clarity Provides a Corporate Update, Receives Four POs for Work Valued at $1.5M CAD
(TheNewswire) Toronto, ON - TheNewswire - November 27, 2023 - NTG Clarity Netwo...
About this update from Ntg Clarity Networks Inc.
[{"type":"text","content":"NTG Clarity Provides a Corporate Update, Receives Four POs for Work Valued at $1.5M CAD\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 \n \n \n \n \n \n \n \n \n \n \n Toronto, ON -\n \n \n TheNewswire\n \n \n - November 27, 2023 -\n \n \n NTG Clarity Networks Inc.\n \n \n (TSX.V:NCI\n \n \n )\n \n \n (\n \n \n OTC:NYWKF);\n \n \n NTG Clarity is pleased to announce that it has received 4\nnew purchase orders (POs). These POs are for $1.5M in new work for two\nnew customers and two existing customers in the Financial, Telecom,\nand Food and Beverage sectors.\n \n \n \n \n Continuing our trajectory of growth, these POs solidify\nthe company's commitment to enhancing its professional services\nportfolio and diversifying its product sales across various sectors in\nthe Middle East. The breakdown of the work is as follows:\n \n \n \n \n \n \n $1.5M in new work in the Middle East:\n \n \n \n \n \n \n $1.1M to provide Offshore IT Professional Services for\nthree months for an existing customer in the Financial sector\n \n \n \n \n \n \n $350K to provide On-Site IT Professional Services for\n12 months for a new customer in the Financial sector.\n \n \n \n \n \n \n $60K to provide On-Site IT Professional Services for 4\nmonths for an existing customer in the Telecom sector.\n \n \n \n \n \n \n $15K to provide an annual license for our NTGapps\nsoftware platform for a new customer in the Food and Beverage\nsector.\n \n \n \n \n \n \n \n \n \"We are excited about our continued growth in the\nMiddle East market,” said Kristine Lewis, President of NTG Clarity.\n“These recent POs totaling $1.5 million highlight our focus on\nexpanding both our professional services and product sales. NTG\nClarity remains dedicated to leveraging the growing opportunities in\nthe region while diversifying our offerings across\nsectors.\"\n \n \n \n \n Corporate Update\n \n \n \n \n We would also like to take this opportunity to announce\nthe release of an updated Investor Presentation, which can be found on\nthe\n \n \n \n \n Investors>Shareholder\npage of our website:\n \n \n \n \n \n \n https://ntgclarity.com/investors/details/shareholder\n \n \n \n In this updated presentation, we lay out our strategy for continued\ngrowth in the Middle East market as well as release revenue\nprojections for 20\n \n \n 23...