More news out This will help generate some large revenues NTG Clarity to develop mobile shopping with Mi-World
Ticker Symbol: C:NCI
NTG Clarity to develop mobile shopping with Mi-World
NTG Clarity Networks Inc (C:NCI)
Shares Issued 29,598,391
Last Close 6/11/2013 $0.14
Wednesday June 12 2013 - News Release
Mr. Ashraf Zaghloul reports
NTG CLARITY AND MI-WORLD ANNOUNCE A MOBILE SHOPPING EXPERIENCE
NTG Clarity Networks Inc. has signed an agreement with Mi-World Mall Inc. to develop, host, support and maintain an end-to-end mobile commerce solution for use throughout the world. With the rapid adoption of smartphones, consumers are turning toward convenient, fast and low cost ways to find and buy the products they need and have them delivered to their homes. With the Mi-World mobile app solution, retailing is set to undergo the next logical transformation into the mobile app world. NTG would receive fees for its software. In addition, NTG will own 30% of Mi-World Mall Inc.
Mi-World will provide a niche state-of-the-art electronic mobile shopping mall on the smartphone and tablet. With the mobile commerce sales expected to reach $34 billion by 2015 in North America alone, Mi-World has built a strong business plan targeted to capture part of this market share in the growing mobile commerce business.
Mi-World has signed with several merchants and smart communities that have thousands of merchants ready to deliver products and services to customers.
NTG's utilizes the latest mobile app technology to support all platforms of smartphones and tablets including Android and iOS, and building mobile App on HTML5 and Hybrid development. NTG has completed the solution development and is progressing in testing and preparing for production release.
"We chose to partner with NTG Clarity because they have the technology and the experience with online commerce. They have strong mobile expertise and the outstanding system integration required to make our offering successful," said the Hon. Sinclair Stevens, Mi-World chairman.
"We are pleased to work with and invest in Mi-World. This partnership gives us the opportunity to be part of this fast growing market. We trust that our investment in the mobile solutions will open a new range of opportunities for NTG," said Ashraf Zaghloul, NTG Clarity's Chairman & CEO.
© 2013 Canjex Publishing Ltd.