Business
NTG Clarity Receives Five POs for Work Valued at $2.6M CAD, Provides a Corporate Update
(TheNewswire) Toronto, ON – TheNewswire - October 12, 2023 - NTG Clarity Net...
About this update from Ntg Clarity Networks Inc.
[{"type":"text","content":"NTG Clarity Receives Five POs for Work Valued at $2.6M CAD, 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 \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 October 12, 2023 - NTG Clarity Networks\nInc. (TSXV:NCI\n \n \n )\n \n \n ,\n \n \n (\n \n \n OTC:NYWKF);\n \n \n NTG Clarity is thrilled to announce that it has received 5\nnew purchase orders (POs). These POs are for $2.6M in new work for two\nexisting customers in the Financial Sector.\n \n \n \n \n Under these POs, NTG Clarity will provide its esteemed\ncustomers with comprehensive IT project management, software testing\nand quality control resources, which are essential components in the\npursuit of excellence in the digital realm. The breakdown of the work\nis as follows:\n \n \n \n \n \n \n $2.6M in new work:\n \n \n \n \n \n \n $2.1M to provide IT Project Management Services for an\nexisting customer in the Financial sector\n \n \n \n \n \n \n $500K across four POs to provide software testing and\nquality assurance services for an existing customer in the Financial\nsector.\n \n \n \n \n \n \n “As enterprises across various sectors, including the\nKingdom of Saudi Arabia (KSA), continue their digital transformation\njourneys, the need for IT project management, as well as both manual\nand automated testing becomes paramount,” said Kristine Lewis,\nPresident of NTG Clarity. “NTG Clarity’s expertise in these fields\nensures that new systems are developed to the highest standards of\nquality and sustainability.”\n \n \n \n \n The company’s dedication to providing tailored\nsolutions that meet and exceed client expectations has contributed to\nits continued success and reputation as a trusted partner in the\nFinancial Sector and beyond.\n \n \n \n \n NTG Clarity would also like to take this opportunity to\nprovide an update on the possible reverse split announced in July\n2023. Many shareholders are interested in the status of this\noperation; however, management is still in the exploration phase,\nconsidering their options after shareholder approval was given. Should\nthey decide to go ahead, approval would still be needed from the Board\nand regulators. Another update will be given with the release of Q3\nresults w...