NTG Clarity Announces Three-Year Frame Agreement with New Government-Affiliated IT Customer
NTG Clarity Networks (OTC:NYWKF) has secured a three-year renewable Frame Agreement with a new government-affiliated IT customer in Saudi Arabia. The agreement enables NTG to provide onsite and offshore software development resources without requiring traditional RFP processes, establishing standardized rates for various positions.
While there's no minimum commitment, the company expects to receive its first Purchase Order within the next month. The agreement aligns with Saudi Arabia's Vision 2030 economic development plan, leveraging NTG's local Saudi presence and Egyptian offshore delivery capabilities.
NTG Clarity Networks (OTC:NYWKF) ha assicurato un accordo quadro rinnovabile di tre anni con un nuovo cliente IT affiliato al governo in Arabia Saudita. L'accordo permette a NTG di fornire risorse di sviluppo software on-site e offshore senza richiedere i tradizionali processi RFP, stabilendo tariffe standard per diverse posizioni.
Non c'è alcun impegno minimo, ma l'azienda prevede di ricevere la prima Purchase Order entro il prossimo mese. L'accordo è in linea con il piano di sviluppo economico Vision 2030 dell'Arabia Saudita, sfruttando la presenza locale saudita di NTG e le capacità di delivery offshore egiziane.
NTG Clarity Networks (OTC:NYWKF) ha asegurado un Acuerdo Marco renovable de tres años con un nuevo cliente de IT afiliado al gobierno en Arabia Saudita. El acuerdo permite a NTG proporcionar recursos de desarrollo de software on-site y offshore sin necesidad de procesos RFP tradicionales, estableciendo tarifas estandarizadas para varias posiciones.
Aunque no hay un compromiso mínimo, la empresa espera recibir su Primera Orden de compra en el próximo mes. El acuerdo se alinea con el plan de desarrollo económico Vision 2030 de Arabia Saudita, aprovechando la presencia local de NTG en Arabia Saudita y las capacidades de entrega offshore egipcias.
NTG Clarity Networks (OTC:NYWKF) 는 사우디아라비아 정부 산하 새로운 IT 고객과 3년 재갱신 가능 프레임 계약을 체결했습니다. 이 계약은 NTG가 전통적인 RFP 절차 없이 현장(Onsite) 및 해상(offshore) 소프트웨어 개발 자원을 제공하도록 하며, 다양한 직책에 대해 표준 요율을 설정합니다.
최소 약정은 없지만, 회사는 다음 달 안에 최초 구매주문(Purchase Order)을 받을 것으로 기대합니다. 이 계약은 사우디아라비아의 비전 2030 경제 개발 계획과 일치하며, NTG의 현지 사우디 거점과 이집트의 해상 납품 역량을 활용합니다.
NTG Clarity Networks (OTC:NYWKF) a décroché un accord-cadre renouvelable de trois ans avec un nouveau client IT affilié au gouvernement en Arabie Saoudite. L'accord permet à NTG de fournir des ressources de développement logiciel sur site et offshore sans passer par les processus RFP traditionnels, en établissant des tarifs standardisés pour divers postes.
Bien qu'il n'y ait aucun engagement minimum, l'entreprise s'attend à recevoir son premier bon de commande dans le mois à venir. L'accord s'aligne sur le plan de développement économique Vision 2030 de l'Arabie Saoudite, en tirant parti de la présence locale de NTG en Arabie Saoudite et des capacités de livraison offshore en Égypte.
NTG Clarity Networks (OTC:NYWKF) hat einen dreijährigen erneuerbaren Rahmenvertrag mit einem neuen, regierungsnahen IT-Kunden in Saudi-Arabien gesichert. Der Vertrag ermöglicht es NTG, Onsite- und Offshore-Softwareentwicklungsressourcen bereitzustellen, ohne herkömmliche RFP-Prozesse zu benötigen, und legt standardisierte Preise für verschiedene Positionen fest.
Es gibt keine Mindestverpflichtung, aber das Unternehmen erwartet, innerhalb des nächsten Monats seine erste Purchase Order zu erhalten. Der Vertrag steht im Einklang mit Saudi-Arabiens Vision 2030-Wirtschaftsentwicklungsplan und nutzt NTGs lokale Präsenz in Saudi-Arabien sowie die Offshore-Lieferkapazitäten in Ägypten.
NTG Clarity Networks (OTC:NYWKF) أبرمت اتفاق إطار دوري قابل للتجديد لمدة ثلاث سنوات مع عميل IT حكومي جديد في المملكة العربية السعودية. يمكّن الاتفاق NTG من توفير الموارد لتطوير البرمجيات داخل الموقع وخارجه دون الحاجة إلى عمليات طلب تقديم عطاءات تقليدية، مع وضع أسعار موحدة لمختلف الوظائف.
على الرغم من عدم وجود التزام حد أدنى، تتوقع الشركة استلام أمر شراءها الأول في الشهر المقبل. يتماشى الاتفاق مع خطة التنمية الاقتصادية لرؤية 2030 للمملكة العربية السعودية، مع الاستفادة من وجود NTG المحلي في السعودية والقدرات الخارجية المصرية.
NTG Clarity Networks (OTC:NYWKF) 已与沙特阿拉伯政府相关的新IT客户签署了一份为期三年的可续订框架协议。该协议使NTG能够提供现场和离岸的软件开发资源，而无需传统的RFP流程，并为不同职位设定标准化的价格。
尽管没有最低承诺，但公司预计在下个月内收到第一份采购订单。该协议符合沙特阿拉伯的Vision 2030经济发展计划，利用NTG在沙特的本地存在及埃及离岸交付能力。
- Secured three-year renewable Frame Agreement with government-affiliated customer
- Agreement bypasses traditional RFP process requirements
- Strategic positioning for Saudi Arabia's Vision 2030 initiatives
- Potential for long-term relationship expansion
- No minimum commitment specified in the agreement
- Revenue impact dependent on future Purchase Orders
Toronto, Ontario--(Newsfile Corp. - September 29, 2025) - NTG Clarity Networks Inc. (TSXV: NCI) (OTC Pink: NYWKF); NTG Clarity ("NTG") is pleased to announce it has signed a three-year renewable Frame Agreement (the "Agreement") with a new government-affiliated IT customer in Saudi Arabia.
This Agreement provides a framework for NTG to deliver both onsite and offshore software development resources without requiring a traditional RFP process. While the contract does not include a minimum commitment, it establishes standardized rates for a wide range of positions. NTG will disclose individual Purchase Orders ("POs") issued under this agreement as they are received, with the first expected in the next month or so.
"This agreement represents an exciting opportunity to build a long-term relationship with a potentially strategic customer. The fact that they chose to enter a multi-year Frame Agreement based on a referral is a strong validation of our referral-driven, land-and-expand sales strategy," said Adam Zaghloul, Vice President of Strategy & Planning at NTG Clarity. "By being positioned early with a three-year framework, we can offer a highly flexible model that scales with the customer's Vision 2030 initiatives, while showcasing the combined strength of our local presence in Saudi Arabia and offshore delivery from Egypt. Success with this engagement has the potential to scale with this customer similar to our other three-year commitments, and also open doors to additional opportunities across Saudi Arabia's public sector."
As organizations across Saudi Arabia accelerate investment in digitization under the Kingdom's Vision 2030 economic development plan, NTG continues to benefit from strong demand for its cost-effective and culturally aligned digital transformation services, delivered onsite in Saudi Arabia and offshore from Egypt.
About NTG Clarity Networks Inc.
NTG Clarity Networks' vision is to be a global leader in digital transformation solutions. As a Canadian company established in 1992, NTG Clarity has delivered software, networking, and IT solutions to large enterprises including financial institutions and network service providers. More than 1,300 IT and network professionals provide design, engineering, implementation, software development and security expertise to the industry's leading 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.
For Further Information:
Adam Zaghloul, Vice President, Strategy & Planning
NTG Clarity Networks Inc.
Ph: 905-305-1325
Fax: 905-752-0469
Email: adam@ntgclarity.com
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FAQ
What type of agreement did NTG Clarity (NYWKF) sign with the Saudi government-affiliated customer?
When does NTG Clarity expect to receive the first Purchase Order under the new agreement?
How does the new agreement benefit NTG Clarity's operations in Saudi Arabia?
Is there a minimum commitment in NTG Clarity's new Saudi government-affiliated customer agreement?
How does this agreement align with Saudi Arabia's Vision 2030?
