Business
NTG Clarity Receives 5 POs and 2 Contract Additions for an Estimated Value of $1.22M CAD
(TheNewswire) Toronto, ON - T heNewswire - February 1 4 ,...
About this update from Ntg Clarity Networks Inc.
[{"type":"text","content":"NTG Clarity Receives 5 POs and 2 Contract Additions for an Estimated Value of $1.22M CAD\n \n \n (TheNewswire)\n \n \n \n \n \n \n \n \n \n \n \n Toronto, ON - T\n \n \n heNewswire -\n \n \n February 1\n \n \n 4\n \n \n ,\n2022 - NTG Clarity Networks Inc. (TSXV:NCI)\n \n \n (OTC:\n \n \n NYWKF)\n \n \n NTG Clarity is\npleased to announce that it has received 5 purchase orders (POs) from\nthree existing and one new customer in the Middle East. We also\nreceived 2 one-year contract extensions; to provide technical\nresources to existing telecom customers in Canada and the Middle\nEast.\n \n \n \n \n \n \n A one year contract extension worth approximately $389K\nCAD to provide technical resources to a major telecom service provider\nin Canada. The estimated cost to provide these services is $250K\nCAD.\n \n \n \n \n \n \n Addition under a Frame Agreement worth approximately\n$430K CAD for the placement of 8 extra resources for one year for a\ncustomer in the financial sector. The estimated cost to provide these\nservices is $300K CAD.\n \n \n \n \n \n \n A PO worth $277K CAD to provide RND changes to our\ninstalled software product for an existing customer in the telecom\nsector in the Middle East. The work starts immediately and is expected\nto be completed in 4 months.\n \n \n \n \n \n \n 2 POs worth $51K CAD total to provide professional\nservices to an existing customer in the telecom sector in the Middle\nEast.\n \n \n \n \n \n \n A PO\n \n \n \n \n worth $21K CAD to provide software license and support\nservices to a new customer in IT Infrastructure and Cloud\nComputing.\n \n \n \n \n \n \n A PO worth $58K CAD to provide a technical resource to\na multinational system integrator.\n \n \n \n \n \n “The ongoing renewal of our professional service resources contracts\ncontinues to highlight our customers’ trust in the quality of\nNTG’s technical resources. This trust solidifies NTG’s position as\na global player in the technical services sector, as seen by our\nexisting and growing customer base in North America and abroad,”\nsaid Kristine Lewis, NTG Clarity’s President.\n \n \n \n About NTG Clarity Networks\nInc.\n \n \n \n \n NTG Clarity Networks’ vision is to be a global leader\nin providing networking solutions. As a Canadian company established\nin 1992, NTG Clarity has deli...