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NTG Clarity Receives Multiple POs Valued at Approximately $910K CAD

(TheNewswire) Toronto, ON / T heNewswire / April 27, 2022 / N...

articleNtg Clarity Networks Inc.April 27, 20224/company/ntg-clarity-networks-inc/news/ntg-clarity-receives-multiple-pos-valued-at-approximately-dollar910k-cad
NTG Clarity Receives Multiple POs Valued at Approximately $910K CAD

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[{"type":"text","content":"NTG Clarity Receives Multiple POs Valued at Approximately $910K 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 / April 27, 2022\n \n \n / NTG Clarity Networks Inc.\n(TSXV:NCI);\n \n \n NTG Clarity is pleased to announce\nthat it has received six purchase orders (POs) valued at approximately\n$910K CAD. These include:\n \n \n \n \n \n \n $485K CAD to renew existing professional service\nresources for a telecom customer in the Middle East.\n \n \n \n \n \n \n $285K CAD across 2 POs ag\n \n \n \n \n ainst the $3.5M, one-year renewable\nFramework Agreement announced January 11, 2022. This is for on-site\nresources with a leading bank in the Gulf Region. The total POs\nreceived against this contract is approximately $1M CAD.\n \n \n \n \n \n \n $116K CAD against the $5M, one-year renewable Framework\nAgreement announced December 16, 2021. This is for on-site resources\nwith a credit bureau in the Middle East\n \n \n \n \n \n \n $14K CAD for enhancements to installed NTG products at\na telecom customer in the Middle East.\n \n \n \n \n \n \n $10K CAD for a new customer to provide mobile app\nimplementation for a government contractor in the Middle\nEast.\n \n \n \n \n \n \n Our work with existing and new customers is continuing\nto distinguish us as a leader in professional services, and as such,\nwe continue to see POs of increasing value from existing and new\ncustomers. To accommodate the increase in work, a major theme of Q1\nand Q2 2022 has been the expansion of our Egypt Offshoring\nCentre.\n \n \n \n \n With several contracts with major customers coming up\nfor renewal in the next six months, along with our already stellar and\ngrowing reputation for high-quality, competitively-priced IT and\ntelecom services, we are excited to keep the momentum going.\n \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 delivered networking, IT and network enabled\napplication software solutions to network service providers and large\nenterprises. More than 350 network professionals provide design,\nengineering, implementation, software development and security\nexpertise to the industry’s leading network service provi...

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