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Bullboard - Stock Discussion Forum NTG Clarity Networks Inc V.NCI

Alternate Symbol(s):  NYWKF

NTG Clarity Networks Inc. is engaged in providing networking solutions. The Company provides telecommunications engineering, information technology, networking, and related software solutions. It operates through two segments: Canadian segment and Egypt segment. The Canadian segment is made up of activities in Canada and its offices in Saudi Arabia and Oman. The Egypt segment is its software... see more

TSXV:NCI - Post Discussion

NTG Clarity Networks Inc > NCI.v receives PO for $3.6 M. $15.7 M in POS so far in 2024
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Post by Dollars4Pennies on Jan 17, 2024 10:11am

NCI.v receives PO for $3.6 M. $15.7 M in POS so far in 2024

NTG receives PO valued at $3.6M from existing customer

 

2024-01-16 17:38 ET - News Release

 

Mr. Adam Zaghloul reports

NTG CLARITY RECEIVES PURCHASE ORDER FOR WORK VALUED AT $3.6M CAD, MAKING $15.7M IN TOTAL POS ANNOUNCED THIS YEAR

NTG Clarity Networks Inc. has received another new purchase order (PO). This PO is for $3.6-million in new work and renewals for an existing customer in the financial sector.

This PO will result in the placement of more than 15 staff to service this customer and represents a more than 55-per-cent increase in work with this customer compared with last year. The breakdown of the work is as follows:

 

  • $3.6-million for an existing customer in the financial sector in the Middle East:
    • $2.3-million in renewal work to provide on-site professional services resources;
    • $1.3-million in new work to provide on-site professional services resources.

 

"We are excited to continue Q1 2024 with this strong vote of confidence from one of our esteemed customers," said Kristine Lewis, president of NTG Clarity. "With this morning's new customer announcement and this expansion of work with this existing customer, we are continuing to establish ourselves as the go-to provider of professional services in the region."

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 (information technology) and network-enabled application software solutions to network service providers and large enterprises. More than 625 IT and network professionals provide design, engineering, implementation, software development and security expertise to the industry's leading enterprises.

We seek Safe Harbor.

© 2024 Canjex Publishing Ltd. All rights reserved.

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