News Focus
News Focus
Followers 562
Posts 17610
Boards Moderated 42
Alias Born 10/21/2003

Re: Bobwins post# 438

Monday, 06/03/2013 10:31:52 AM

Monday, June 03, 2013 10:31:52 AM

Post# of 503
NCI.v/NYWKF +.065 to C$.16 Didn't see this. Ok so this is fantastic news. TOTAL gross revs last year were 5 million bucks so they have announced 1.2, 4.2 and now 3.8 million in new contracts since Q1 ended. Work going to be completed in 10 months so should start hitting P&L pretty quickly.

TORONTO, ONTARIO--(Marketwired - June 3, 2013) - NTG Clarity Networks Inc., (TSX VENTURE:NCI) is pleased to announce the Company received a Letter of Intent from a leading mobile operator in the Gulf region to provide software development resources. 70% of the resources are for a 6 month renewal for ongoing work and the other 30% is to work on a new project with the expected completion within 10 months. The contract value is approximately CAD $3.8 Million.
"NTG has been working hard in the last few years to establish ourselves as a leading provider of quality Telecom software products and services in the Gulf region. The last few announcements reflect the increasing satisfaction and confidence of our customers in our wide expertise in telecom systems and operators requirements." said Ashraf Zaghloul, NTG Clarity's Chairman & CEO.
About NTG Clarity Networks
NTG Clarity Networks' vision is to be a global leader in providing networking solutions. Established in 1992, NTG Clarity is a leader in Canada in delivering networking, IT and network enabled application software solutions to network service providers and large enterprises. More than 200 network professionals provide design, engineering, implementation, software development and security expertise to the industry's leading network service providers and enterprises.
Contact:
NTG Clarity Networks Inc.
Ashraf Zaghloul
Chief Executive Officer and Chairman
(905) 752-0469
(905) 305-1325
azaghloul@ntgclarity.com
www.ntgclarity.com

Please post stock symbols first in all your posts. If it's a foreign stock, please list the US pk equivalent symbol.

If the Commodities Boom is Over, I am just a Gold Bug headed for the Windshield of LIFE

Discover What Traders Are Watching

Explore small cap ideas before they hit the headlines.

Join Today