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NTG Clarity Networks Establishes $3.5 Million CDN Credit Facility Refinances existing debt at lower interest rate; increased operating line; revolving facility to support pre-sh...
ACCESSWIRE - Thu Mar 06, 8:19AM CST
Toronto, ON / ACCESSWIRE / Mar 6 2014 / NTG Clarity Networks Inc. (TSX.V:NCI), a leader in the telecommunications OSS/BSS market, today announced that it has completed an agreement to establish a $3.5 million credit facility and $1.2 million bonding facility with RBC Royal Bank of Canada, Knowledge Based Industries Banking Group - Ontario.

NTG Clarity Provides its first Default Status Update
ACCESSWIRE - Tue Feb 25, 9:47AM CST
TORONTO, ONTARIO / February 25, 2014 / ACCESSWIRE / NTG Clarity Networks Inc. (TSX VENTURE:NCI) is providing this bi-weekly Default Status Report in accordance with National Policy 12-203 - Cease Trade Orders for Continuous Disclosure Defaults ("NP 12-203"). On February 4, 2014, the Company announced that, following a review by staff of the Ontario Securities Commission (the "OSC") in connection with the filing of the Company's annual consolidated financial statements, notes and related Management's Discussion and Analysis for the year ended December 31, 2012 (the "Financial Statements") and the interim consolidated financial statements, notes and related Management's Discussion and Analysis (the "Financial Statements") for the period ending June 30, 2013, the OSC determined that Company was in default of its continuous disclosure requirements under the Securities Act (Ontario) (the "Default").

NTG Clarity to Refile 2012 Annual Report and Q2 2013 Interim Report
ACCESSWIRE - Tue Feb 04, 5:12PM CST
TORONTO, ONTARIO--February 4, 2014, Toronto, Ontario. NTG Clarity Networks Inc., (TSX VENTURE:NCI) announces that following a review by staff of the Ontario Securities Commission (the "OSC") in connection with the filing of the Company's annual consolidated financial statements, notes and related Management's Discussion and Analysis for the year ended December 31, 2012 (the "Financial Statements") and the interim consolidated financial statements, notes and related Management's Discussion and Analysis (the "Financial Statements"), the OSC has determined that Company is in default of its continuous disclosure requirements under the Securities Act (Ontario) (the "Default").

NTG Clarity Awarded $1.4 Million USD Contract in a new market for NTG
ACCESSWIRE - Thu Dec 19, 7:36AM CST
December 19, 2013, Toronto, Ontario. NTG Clarity Networks Inc., (TSX VENTURE:NCI) is pleased to announce the company has signed a contract for USD $1.4 Million with a Canadian partner to supply the NTS Asset Management and Discovery Modules to a new customer in a new market for NTG. This project is expected to be completed in 12 to 18 months.

Quinsam Capital Invests in CERF Incorporated, NTG Clarity Networks Inc., Questor Technology Inc., and Titan Logix Corp.
Marketwire Canada - Tue Dec 03, 8:00AM CST
Quinsam Capital Corporation (CNSX:QCA) ("Quinsam or the "Company") is pleased to update shareholders on its November activities. November was the first month of operation under its new management team led by fund manager Roger Dent.

NTG Clarity Networks Provides Shareholder Update
ACCESSWIRE - Thu Nov 14, 7:42AM CST
November 14, 2013. Toronto Ontario: NTG Clarity Networks Inc., (TSX VENTURE:NCI), a world leader in the telecommunications OSS/BSS market, is pleased to provide an update to shareholders.

NTG Clarity Networks Announces Third Quarter Revenues and Earnings
ACCESSWIRE - Tue Oct 15, 7:09AM CDT
October 15, 2013. Toronto Ontario: NTG Clarity Networks Inc., (TSX VENTURE:NCI), a world leader in the telecommunications OSS/BSS market, is pleased to announce third quarter 2013 financial results.

NTG Clarity Receives Purchase Orders for Three Previously Announced LOIs
ACCESSWIRE - Thu Sep 19, 6:40AM CDT
September 19, 2013, (ACCESSWIRE) Toronto, Ontario. NTG Clarity Networks Inc., (TSX VENTURE:NCI) is pleased to announce that the company has received the Purchase Orders (POs) for three Letters of Intent (LOIs) announced from the end of May to the beginning of June. NTG had completed and billed approximately USD $2.7 million of work on these purchase orders to the end of August.

NTG Clarity Signs a US $3.64 Million Document of Understanding
ACCESSWIRE - Tue Sep 03, 6:59AM CDT
September 3, 2013, Toronto, Ontario. NTG Clarity Networks Inc., (TSX VENTURE:NCI) is pleased to announce that the company has signed a US$3.64 Million Document of Understand with an American multinational technology and consulting corporation for the operations service and support of NTS Telecom in a Box and Partner Management Portal managed services. This DOU is valid for 5 years, starting September 1, 2013. The current US $3.64 Million agreement covers a one year period from September 1, 2013 to August 31, 2014. We are expecting to receive the formal PO in the coming weeks.

NTG Clarity Announces Closing of Final Tranche of Convertible Debenture Financing
ACCESSWIRE - Thu Aug 01, 6:20PM CDT
August 1, 2013 - Toronto, Ontario. NTG Clarity Networks Inc., (TSX VENTURE:NCI) announces that it has closed the final tranche of its non-brokered private placement for an additional CAD $295,000. The Debentures shall bear interest at the rate of ten (10%) percent per annum and shall mature on August 1, 2015 (the "Maturity Date"). The principal amount of the Debenture will be payable on the Maturity Date and accrued interest will be payable every six months.

NTG Clarity Announces Closing of First Tranche of Convertible Debenture Financing
ACCESSWIRE - Tue Jul 30, 7:00AM CDT
July 30, 2013 - Toronto, Ontario. NTG Clarity Networks Inc., (TSX VENTURE:NCI) announces that it has closed the first tranche of its non-brokered private placement for CAD $577,000 of the $1,000,000 total principal amount. The Debentures shall bear interest at the rate of ten (10%) percent per annum and shall mature on July 29, 2015 (the "Maturity Date"). The principal amount of the Debenture will be payable on the Maturity Date and accrued interest will be payable every six months.

NTG Clarity Networks Announces Record Second Quarter Revenues and Earnings
ACCESSWIRE - Thu Jul 11, 6:59AM CDT
July 11, 2013. Toronto Ontario: NTG Clarity Networks Inc., (TSX VENTURE:NCI), a world leader in the telecommunications OSS/BSS market, is pleased to announce record second quarter 2013 financial results. The Company experienced a 76% increase in revenues during the second quarter of 2013 to $2,149,380 compared to $1,223,697 during the same period in 2012. (All amounts in Canadian dollars). NTG has generated more than $2 million in sales this quarter. This increase in revenue was mainly due to demand for our professional services and product licenses. For the six months, the Company posted revenues of $3,636,252 compared to $2,284,168, an increase of 59%. Gross margin was 63% for the second quarter of 2013, and 57% for the six months. Gross margins in the prior year were 39% for both the 3 and 6 month period. Net income for the second quarter of 2013 increased by 299% to $829,403 or $0.03 per share and exceeded the entire annual profit from 2012. For the first half of 2013, net income rose 595% to $1,031,4

NTG Clarity Announces Proposed Private Placement of up to $1,000,000 Convertible Debentures
ACCESSWIRE - Fri Jun 28, 12:05PM CDT
June 28, 2013, Toronto, Ontario. NTG Clarity Networks Inc., (TSX VENTURE:NCI) is pleased to announce that it intends to complete a private placement of a series of unsecured convertible debentures in the aggregate principal amount of up to CDN $1,000,000 in units of CDN $5,000 (the "Debentures"). The Debentures shall bear interest at the rate of ten (10%) percent per annum and shall mature two (2) years following the date of issuance.

NTG Awarded EGP 950 000 Purchase Order for Data Migration
ACCESSWIRE - Thu Jun 13, 8:00AM CDT
June 13, 2013, Toronto, Ontario. NTG Clarity Networks Inc., (TSX VENTURE:NCI) is pleased to announce that its subsidiary received a Purchase Order from a leading mobile operator in Egypt to perform data migration from a legacy system to a new billing system. The contract value is approximately (Egyptian Pounds) 950 000 or approximately CDN $140,000. This project is expected to be completed within 3 months.

NTG Clarity and Mi-World Announce a Mobile Shopping Experience
Marketwire - Wed Jun 12, 6:25AM CDT
NTG Clarity Networks Inc., (TSX VENTURE: NCI) is pleased to announce that the Company has signed an agreement with Mi-World Mall Inc. to develop, host, support and maintain an end to end mobile commerce solution for use throughout the world. With the rapid adoption of smartphones, consumers are turning toward convenient, fast and low cost ways to find and buy the products they need and have them delivered to their homes. With the Mi-World mobile app solution, retailing is set to undergo the next logical transformation into the mobile app world. NTG would receive fees for its software. In addition, NTG will own 30% of Mi-World Mall Inc.

NTG Clarity Awarded $3.8 Million Contract for NTG Software Development Resources
Marketwire - Mon Jun 03, 7:19AM CDT
NTG Clarity Networks Inc., (TSX VENTURE: NCI) is pleased to announce the Company received a Letter of Intent from a leading mobile operator in the Gulf region to provide software development resources. 70% of the resources are for a 6 month renewal for ongoing work and the other 30% is to work on a new project with the expected completion within 10 months. The contract value is approximately CAD $3.8 Million.

NTG Clarity Awarded $4.2 Million Contract for Systems Enhancements
Marketwire - Thu May 30, 11:57AM CDT
NTG Clarity Networks Inc., (TSX VENTURE: NCI) is pleased to announce the company received a Letter of Intent from a leading mobile operator in the Gulf region to provide resources to enhance some of their current systems. The contract value is approximately CAD $4.2 Million. The expected duration of this project is 12 months.

NTG Clarity Networks Inc. Announces First Quarter 2013 Results
Marketwire - Tue May 28, 12:30PM CDT
NTG Clarity Networks Inc., (TSX VENTURE: NCI), a world leader in the telecommunications OSS/BSS market, today reported its first quarter 2013 revenues of $1,486,872 as compared to $1,060,471 in the same period last year (All amounts in Canadian dollars). This increase in revenue was mainly due to demand for our professional services and product licenses.

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