Business
NTG Clarity Receives POs Valued at Approximately $574K CAD
(TheNewswire) Toronto, ON / TheNewswire / May 10, 2022 / NTG ...
About this update from Ntg Clarity Networks Inc.
[{"type":"text","content":"NTG Clarity Receives POs Valued at Approximately $574K CAD\n \n \n (TheNewswire)\n \n \n \n \n \n \n \n \n \n \n \n Toronto, ON /\n \n \n TheNewswire\n \n \n / May 10, 2022 /\n \n \n NTG Clarity Networks Inc.\n(TSXV:NCI);\n \n \n NTG Clarity is pleased to announce\nthat it has received five purchase orders (POs) with a total value of\napproximately $574K CAD. These include:\n \n \n \n \n \n \n $362K CAD across 2 POs for a 6-month renewal of\nexisting professional service resources for a telecom customer in the\nMiddle East.\n \n \n \n \n \n \n $200K CAD against the $3.5M, 1-year renewable Framework\nAgreement announced January 11, 2022. This is for on-site resources\nwith a leading bank in the Gulf Region. The total POs received against\nthis contract is approximately $2.2M CAD.\n \n \n \n \n \n \n $12K CAD across 2 POs for a 6-month renewal of existing\nprofessional service resources for a telecom customer in the Middle\nEast.\n \n \n \n \n \n \n These POs show an expansion of existing customer\nrelationships both in the form of continuing one relationship into the\nfuture, and in the form of increasing the scope of another. In both\ncases, NTG’s commitment to providing quality professional services\nat competitive prices is showcased.\n \n \n \n \n These contracts validate our decision to expand the\nEgypt Offshore Centre throughout Q1 and Q2 2022 as existing customers\ncontinue to renew their agreements and new customers sign with us. We\nlook forward to further showcasing our strengths as a service provider\nby expanding and renewing contracts with other existing customers as\nthey come up for renewal over the next two quarters.\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 providers and\nenterprises.\n \n \n \n \n Forward Looking Information\n \n \n \n \n Certain statements in this release, other than\nstatements of historical fact, are forward loo...