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  NTG Clarity Networks Inc. - Management changes favoring rapid growth and return to profitability
 
 
 

Press Release - For Immediate Distribution

Symbol: (TSX-V) NCI
Shares Outstanding: 18,359,811

   
 

CALGARY, May 29, 2002 - NTG Clarity Networks Inc. (TSX-V: NCI), a leader in deliverying network, IT and infrastructure solutions, today announced the following organizational changes:

In addition to his current responsibilities as Chairman and Chief Executive Officer, Ashraf Zaghloul is appointed President of the company on an interim basis. Ashraf while providing the overall direction and strategy and working to achieve our vision of being the premiere Networks services provider, will focus his efforts in Eastern Canada to increase our market share and return to profitability.

Essam Zaghloul is appointed Executive Vice President Western Canada and will focus on increasing business and profitability in the West. Essam will also continue to be responsible for Investor Relations.

These changes will enable each region to maximize their respective revenue and profit objectives and provide a unified direction to the company.

 
 
About NTG Clarity Networks Inc.
 
 

Established in 1992, NTG Clarity has been a leader in delivering network, IT and infrastructure solutions to network service providers and large enterprises. More than 180 network professionals provide design, documentation and implementation expertise to the industry's leading network service providers. NTG Clarity's services are offered internationally, with offices and operations currently in Toronto, Calgary, Vancouver, Montreal, Chicago and Cairo.

The company has maintained a record of consistently high performance, while establishing itself as a company with strong financial, technical and operational capabilities. NTG Clarity is recognized for its outstanding technical and project management skills, innovative use of advanced technologies, low cost operations and exceptional management capability.

 
 
 
  For Further Information, Contact:
 
 
 

Ashraf Zaghloul ( Chief Executive Officer and Chairman )

 
Telephone: (905) 305-1325    |    Facsimile: (905) 752-0469
     
Email: azaghloul@ntgclarity.com   
     
 
 
  Media Inquiries :
 
 

Naeem Bhatti


Project 721 Inc.,
372 Bay Street, Suite 306,
Toronto, Ontario, M5H 2W9

Telephone: (416) 362-4221   |    Facsimile: (416) 352-6084
     
Email: naeemb@project721.com
     
 
 
  Investor Inquiries :
 
 

Email: ntginvest@ntgclarity.com

 
 
 
The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.
 
  
 
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