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Thursday, 08/06/2015 1:47:15 PM

Thursday, August 06, 2015 1:47:15 PM

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NTG Clarity Receives $1.8 Million LOI for NTG Services

Toronto, ON / TheNewswire / August 6, 2015 / NTG Clarity Networks Inc. (TSX.V:NCI), NTG is pleased to announce that the Company has received a $1.8 Million Letter of Intent from a leading mobile operator in the Gulf region to provide software development, telecom consultants, project management resources and data migration services. NTG has already commenced work on this LOI with approximately 20% being completed and accounted for in Q1 2015 revenue. Work has continued in Q2 2015 and is expected to be completed by Q3 2015.

"NTG has been working hard in the last few years to establish itself as a leading provider of quality telecom software products and services in the Gulf region. This contract reflects our customer's increasing satisfaction and confidence in our expertise in telecom systems and operator requirements." said Ashraf Zaghloul, NTG Clarity's Chairman and CEO.