NTG Clarity Networks Inc. announced that it has signed a 1-year renewable Framework Agreement for outsource and offshore resources with a leading bank in the Gulf Region. The company received the fully executed contract on January 10, 2022. The company will provide resources in most IT disciplines, with a focus on specialized skills such as full stack developers, mobile app developers and architecture for applications, data, business intelligence and security.

NTG will provide candidates for over 100 job titles and the resource onboarding should start at the beginning of February 2022. The company expects to start approximately 30 resources onshore/offshore within the first 4 months for an annual estimated revenue of CAD 3.5 Million. The estimated expenses for this revenue is CAD 2.5 Million.

Company's target is to double this number within 6-8 months to meet the expected staffing levels of this customer. Revenue would increase accordingly.