Toronto, ON / TheNewswire / May 6, 2019 / NTG Clarity Networks Inc. (TSX.V:NCI) reports that it has developed a new sales model to increase its marketing reach and to improve revenues and earnings.
NTG Clarity, in the past, has been focused on the sale of its products and services through a direct sale model. We will continue this model with our current customers; however, we have been negotiating partnership and subcontracting agreements to be able to expand our reach and to capitalize on the marketing and sales abilities of large corporations. We are pursuing multiple opportunities with these partners to expand our reach and increase our sales.
To this end, NTG Clarity has signed a subcontracting agreement with a well respected Global Technology provider. Under this agreement, NTG will supply this global organization with resources in both the Telecom and Information Technology fields in the Middle East.
We also have a Manpower Service Framework agreement with a large system integrator in the Gulf area to provide manpower services in the Information Technology field.
This new strategy will enable NTG Clarity to concentrate on its core focus of providing strong expertise, while capitalizing on the strong sales and marketing expertise of these large corporations. The sales contacts and business relationships with these corporations will be an invaluable asset in helping NTG Clarity introduce its products and services to a wider audience of potential customers. The Company has already commenced negotiations and some work agreements with a number of these new potential customers.
NTG Clarity is also in the process of speaking with additional partners to establish similar sales channels for its products and services. Should these negotiations be successful, the efforts of these partners will be complimentary to the sales agreements already entered into with existing corporations.
NTG Clarity is also focused on improving sales in the North American market with a particular emphasis in providing qualified IT resources at very competitive pricing. The Company will be focusing on opportunities in both the onshore and offshore markets and will be launching a new service to enhance its sales reach, particularly in these areas.
Finally, to diversify our business from our traditional customers in the Telecom industry, NTG Clarity has been marketing its services to the financial sector. The Company is in the final stages of contract negotiations with a major bank in the Gulf area to supply technology resources and hopes to be able to announce a contract with this new customer shortly.
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
Kristine Lewis, President, NTG Clarity Networks Inc.