NTG Clarity Networks Q2 net income drops

Aug 28, 2008 (Datamonitor via COMTEX) -- NYWKF | Quote | Chart | News | PowerRating -- NTG Clarity Networks, a supplier of operations support system product for telecom and network operators to manage their networks and assets, has reported net income of C$13,194 for the three months ended June 30, 2008, compared to a net income of C$66,629 for the comparable period of 2007.

Revenues for the second quarter of 2008 were C$1.34 million, compared to C$1.47 million for the same period of 2007. Gross profit for the second quarter of 2008 was C$564,952, compared to C$581,297 for the same period of 2007.

Ashraf Zaghloul, CEO and chairman of the board of NTG Clarity, said: "We continue to focus on the delivery of our innovative NTS product and the associated consulting services and training to implement the product and we are optimistic about the success of our product in the future."

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