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  NTG Clarity Networks Inc. - Management changes to streamline operations and return to profitability
 
 
  Press Release - For Immediate Distribution

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

CALGARY, June 25, 2002 - NTG Clarity Networks Inc. (TSX-V: NCI), a leader in delivering network, IT and infrastructure solutions, today announced the following organizational changes.

In addition to his current responsibilities as Executive Vice President, Strategic Planning, William Catalano is appointed Chief Financial Officer of the company. Barry Sadrehashemi resigned his position as Chief Financial Officer to pursue other interests.

Magdy Makhlouf is appointed Executive Vice President Western Canada and will focus on increasing business and profitability in the West.

Essam Zaghloul has moved to an advisory role and is no longer an officer of the company.

"These changes, along with a recent 10% reduction in staff, positions the company to be profitable in the third quarter", said Ashraf Zaghloul, Chairman of the Board and CEO.

 
 
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.

 
 
  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
     
 
 
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