NTG Clarity Networks Inc.

NTG Clarity Networks Inc.

October 21, 2010 07:55 ET

NTG Clarity Receives $1.4 Million Letter of Intent for NTS OSS/BSS Telecom in a Box

TORONTO, ONTARIO--(Marketwire - Oct. 21, 2010) - NTG Clarity Networks Inc. (TSX VENTURE:NCI) is pleased to announce that the company has received from a leading mobile operator in the Gulf region, a Letter of Intent for the supply, installation and integration of its NTS OSS/BSS Telecom in a Box system. The value of this LOI is approximately CDN $1.4 million and the work is to be completed within the next 3-month period.

NTG's Network Telecom System (NTS) is a fully integrated Operations/Business Support System (OSS/BSS) with a lower total cost of ownership and a significantly shorter deployment time than conventional OSS solutions. Designed to meet the needs of fast growing mobile operators, NTS' functionality encompasses the full customer service cycle from the initial order request through network equipment configuration to billing and implementation, support and maintenance.

"We are very pleased about working with this leading mobile operator to enable excellence in service delivery and customer care in this very competitive market", said Ashraf Zaghloul, NTG Clarity's Chairman and CEO. "We are excited to have been selected for this contract as it demonstrates the customer's confidence in our NTS product as the right solution for quad play and integrated services. We are very pleased that this is the second major operator within a month to select our NTS product. This validates our vision and strategy for our product to be the leading OSS/BSS in this growing segment of the market."

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 150 network professionals provide design, engineering, implementation, software development and security expertise to the industry's leading network service providers and enterprises.

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