NTG Clarity Receives Three POs Valued at Approximately $530K CAD

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[{"type":"text","content":"NTG Clarity Receives Three POs Valued at Approximately $530K 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 6, 2022\n \n \n / NTG Clarity Networks Inc.\n(TSXV:NCI);\n \n \n NTG Clarity is pleased to announce\nthat it has received three purchase orders (POs) valued at\napproximately $530K CAD; one from a new customer and two renewals from\ncustomers in the Middle East. These include:\n \n \n \n \n \n \n a PO worth $198K CAD to renew existing professional\nservice resources to a telecom customer in the Middle East.\n \n \n \n \n \n \n a PO worth $192K CAD against the $3.5M, one-year\nrenewable Framework Agreement announced January 11, 2022. This is for\non-site resources with a leading bank in the Gulf Region.\n \n \n \n \n \n \n a new PO worth $140K CAD to provide offshore technical\nresources to a leading bank in the Gulf Region.\n \n \n \n \n \n \n As of the publishing of this release, NTG currently has\na healthy backlog\n \n \n \n \n of unbilled amounts for POs on hand. This is in addition to\nthe already invoiced amounts in January and February. These POs\nfurther strengthen our position of continued profitability.\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 our planned expansion of our Egypt Offshoring Centre to\naccommodate future work.\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 end Q1 2022 in a strong position.\n \n \n \n Finally, we continue to be on track to publish our audited 2021\nfinancial statements on or before the required deadline.\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 pro...

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