NTG Clarity Networks Announces $4.5 Million Contract

Tickers: XTSX:NCI, PINX:NYWKF
Tags: Technology

Toronto, ON / TheNewswire / October 18, 2017 - NTG Clarity Networks Inc. (TSX.V:NCI), a world leader in the telecommunications OSS/BSS market, is pleased to announce that the Company has signed a significant frame agreement contract with an operator in the Gulf region, to support the country's most advanced mobile telecommunications service provider, to help enhance its operational efficiency. The initial phase is estimated at $4.5 Million CDN over a three-year period. NTG will provide technical professional resources and services to support various Technology Operations within the company.

NTG will provide onsite resources over the next three years commencing in October 2017. We expect the contract value to increase in 2018 as we supply additional resources.

"We are very proud to be chosen by one of the most advanced mobile telecommunications service companies in the Gulf region to provide this important service. The increased presence in this country will enable NTG to expand our service offerings and further increase our customer base." 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 350 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

Email:klewis@ntgclarity.com

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