Tickers: XTSX:NCI, PINX:NYWKF
Tags: #Telecommunications
Toronto, ON / TheNewswire / May 9, 2019 / NTG Clarity Networks Inc. (TSX.V:NCI), NTG Clarity is pleased to announce that the Company has started work on a significant project for one of the major banks in the Gulf area. The project value is worth about $2.4M Canadian dollars. This is an approximately one year project with the potential of more additional work.
NTG Clarity has been pursuing new contracts in the financial sector in order to increase its revenue and margins and to complement its presence in the Telecom field. This initial order is a confirmation of the new sales model and strategy that was announced on May 6, 2019.
"NTG has been working hard in the last few years to establish ourselves as a leading provider of quality Information Technology products and services in the Gulf region. This project is key to diversifying NTG in new fields, especially the financial sector. We will work hard to establish NTG Clarity as a key supplier of services to this important sector" said Kristine Lewis, NTG Clarity's President.
About NTG Clarity Networks Inc.
NTG Clarity Networks' vision is to be a global leader in providing networking solutions. As a Canadian company established in 1992, NTG Clarity has delivered networking, IT and network enabled application software solutions to network service providers and large enterprises. More than 300 network professionals provide design, engineering, implementation, software development and security expertise to the industry's leading network service providers and enterprises.
Forward Looking Information
Certain statements in this release, other than statements of historical fact, are forward looking information that involves various risks and uncertainties. Such statements relating to, among other things, the prospects for the company to enhance operating results, are necessarily subject to risks and uncertainties, some of which are significant in scope and nature.
These uncertainties may cause actual results to differ from information contained herein. There can be no assurance that such statements will prove to be accurate. Actual results and future events could differ materially from those anticipated in such statements. These and all subsequent written and oral forward looking statements are based on the estimates and opinions of the management on the dates they are made and expressly qualified in their entirety by this notice. The Company assumes no obligation to update forward looking statements should circumstances or management's estimates or opinions change.
The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.
For Further Information:
Doren Quinton, President QIS Capital
Ph: 250-377-1182
Fax: 250-377-1183
Email: info@smallcaps.ca
Kristine Lewis, President, NTG Clarity Networks Inc.
Ph: 905-305-1325
Fax: 905-752-0469
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