Toronto, ON - TheNewswire - Aug 21, 2023 - NTG Clarity Networks Inc. (TSX.V:NCI); NTG Clarity is thrilled to announce the expansion of its offshore facilities with the signing of lease for new office space situated along the picturesque Nile in Cairo. This strategic move not only demonstrates NTG Clarity’s commitment to provide to our employees and customers the best state of the art working environment but also solidifies our position as a leader in the technology sector.

The newly secured office, located in a well-established and vibrant part of Cairo, is poised to become NTG Clarity’s flagship offshore resource campus. Boasting ample space to accommodate up to 120 staff members, the facility has been designed with the future in mind, featuring the potential for expansion across two additional floors that could accommodate an impressive 300 more personnel.

Equipped with two redundant electrical power sources and an electrical generator, the facility ensures a 24/7 up time to support our customer’s needs and the different time zones we work with, guaranteeing seamless productivity.

“By establishing this central hub on the Nile, NTG Clarity has strategically positioned itself to tap into a diverse talent pool from all corners of Cairo. Combined with our existing campuses in Haram and Maadi, we now boast a large and expanding presence in the east, west, and central regions of the city,” said Kristine Lewis, President of NTG Clarity. “These three locations not only strengthen NTG Clarity’s capacity to attract and retain top-tier talent but also enhances our agility in delivering cutting-edge solutions to clients worldwide.”

Renovation of the new office space is in progress, with completion expected within the next six weeks. The official launch of the facility is slated for October 2023, with approximately 30 new staff resources set to embark on their roles from the office.

The first batch of staff stationed at the new office will be dedicated to projects stemming from the $10.7 million Frame Agreement announced in April 2023. The office will also play a crucial role in fulfilling a substantial portion of the $6 million in Purchase Orders announced in July 2023. This marks a significant step forward in translating these agreements into tangible and impactful solutions for NTG’s diverse clientele.

NTG Clarity continues to push the boundaries of innovation while fostering an environment that nurtures talent and propels the company toward even greater heights. The Nile office stands as a testament to NTG Clarity’s unwavering commitment to excellence, growth, and customer-centric solutions.

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 600 IT and network professionals provide design, engineering, implementation, software development and security expertise to the industry’s leading 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:

Adam Zaghloul, Vice President, Strategy & Planning

NTG Clarity Networks Inc.

Ph: 905-305-1325

Fax: 905-752-0469

Email: adam@ntgclarity.com