Business
NTG Clarity Receives 14 POs for Work Valued at $3.8M CAD
(TheNewswire) Toronto, ON - TheNewswire - January 2, 2024 - NTG Clarity Network...
About this update from Ntg Clarity Networks Inc.
[{"type":"text","content":"NTG Clarity Receives 14 POs for Work Valued at $3.8M 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 - January 2, 2024 -\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 14\nnew purchase orders (POs). These POs are for $3.8M in new work and\nrenewals for existing customers in the Financial, Telecom, IT, and\nFood and Beverage sectors.\n \n \n \n \n Closing out 2023 with continued growth,\n \n \n these recent POs signify the continued trust and confidence\nplaced in NTG Clarity's IT products and services. The breakdown of the\nwork is as follows:\n \n \n \n \n \n \n $2.8M in new work in the Middle East:\n \n \n \n \n \n \n $655K to provide On-Site IT Professional Services for 6\nmonths for an existing customer in the Telecom sector.\n \n \n \n \n \n \n $786K to provide Onsite IT Professional Services for 15\nmonths for an existing customer in the Financial sector.\n \n \n \n \n \n \n $410K across 5 POs to provide Offshore and On-Site IT\nProfessional Services for 2 months for an existing customer in the\nFinancial sector.\n \n \n \n \n \n \n $825K across 2 POs to provide a customized\nimplementation of our NTGapps product for an existing customer in the\nTelecom sector.\n \n \n \n \n \n \n $85K to provide an ERP solution on our NTGapps product\nfor an existing customer in the Food and Beverage sector.\n \n \n \n \n \n \n \n \n $1M in renewals in the Middle East\n \n \n \n \n \n \n $505K to provide support for our NTGapps product for 12\nmonths for an existing customer in the Telecom sector.\n \n \n \n \n \n \n $438K to provide On-Site IT Professional Services for\n12 months for an existing customer in the IT\n \n \n \n \n sector.\n \n \n \n \n \n \n $52K to provide On-Site IT Professional Services for 3\nmonths for an existing customer in the Telecom sector.\n \n \n \n \n \n \n \n \n “We are excited to enter 2024 with such strong,\nconsistent growth in the Middle East market,” said Kristine Lewis,\nPresident of NTG Clarity. “These POs showcase the quality and\ndependability of both NTG’s services and products, with our existing\ncustomers renewing their contracts as well as expanding...