NTG Clarity Networks Inc.
TSX VENTURE : NCI

NTG Clarity Networks Inc.

November 21, 2007 20:45 ET

NTG Clarity Networks Inc. Announces Third Quarter 2007 Results

TORONTO, ONTARIO--(Marketwire - Nov. 21, 2007) - NTG Clarity Networks Inc., (TSX VENTURE:NCI) the supplier of NTS, a world leading OSS (operation support system) product that enables Telecom and Network operators to manage their networks and assets, reduce time to market for new products and increase profitability, today announced third quarter 2007 revenues of $1,534,633, an increase of 6% from the same period last year (All amounts in Canadian dollars).

The Company reported a net income for the three months ended September 30, 2007 of $95,961, compared to a net income of $53,561 for the comparable period last year.



Income statement highlights for the three months ended September 30, 2007
and 2006
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September 30, 2007 September 30, 2006
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Revenue $ 1,534,633 $ 1,435,199
Cost of revenue 779,984 722,266
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Gross Profit 754,649 712,933

Expenses 658,688 659,372
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Net Income for the period $ 95,961 $ 53,561
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Balance Sheet Highlights as at September 30, 2007 and December 31, 2006
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September 30, 2007 Dec. 31, 2006
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Cash, end of period $ 63,986 $ 51,246
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Bank Overdraft 548,076 273,183
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Shareholder's Equity 1,154,491 855,415
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Total Assets $ 3,494,177 $ 2,223,490
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ABOUT NTG CLARITY NETWORKS INC

Established in 1992, NTG Clarity develops and markets NTS, an engineering and business tool that enables Telecom and Network operators to manage their networks and assets, reduce time to market for new products and increase profitability. NTG Clarity's services are offered internationally, with offices and operations currently in Toronto and Cairo. NTG Clarity is a leader in delivering network, IT and infrastructure solutions to telecommunications operators, network service providers and large 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.

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