| |
CALGARY November
19, 2002 -
NTG Clarity
Networks Inc.
(TSX-Ven:
NCI), a leader
in delivering
network, IT
and infrastructure
solutions,
today announced
third quarter
2002 revenues
of $ 2,542,600,
a decrease
of 23% from
the same period
last year.
(All amounts
in Canadian
dollars).
The Company
reported a
net income
for the three
months ended
September
30,2002 of
$5,507 compared
to a net loss
of $ 659,460
for the comparable
period last
year. This
was achieved
through continued
efforts of
the company
to reduce
overhead expenses
and to adjust
operating
costs to reduced
revenue levels. |