NTG Clarity Networks Inc.

NTG Clarity Networks Inc.

July 08, 2011 16:52 ET

NTG Clarity Terminates Letter of Award

TORONTO, ONTARIO--(Marketwire - July 8, 2011) - NTG Clarity Networks Inc. (TSX VENTURE:NCI) announces that due to unforeseen circumstances and disputes, the previously announced Letter of Award with a total value of US $5.65 million is terminated. The company is currently working to settle the amount of work completed to date. NTG Clarity maintains all of its legal rights under this LOA.

Despite the termination of this Letter of Award, management continues to forecast positive revenue growth for NTG Clarity during 2011.

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 200 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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