Company Name: Norwood Systems
Announcement Date: 16/06/2015
Announcement Category: Investment
Announcement Content:
Norwood Systems Lists on the ASX raising $8.5M via a backdoor listing into Monteray Mining Group Ltd
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Announcement URL: http://www.zdnet.com/article/norwood-systems-begins-trading-via-au7-5m-reverse-takeover/
About Norwood Systems:
Norwood Systems provides voice, messaging and data services to consumers, enterprises and carriers globally, leveraging its’ federated telecommunications services network partnerships.
Our mission is to deliver disruptive end-user communications apps that streamline and simplify how users around the world can access affordable, high-quality telecommunications services – anywhere, anytime.
Norwood has product lines that service the B2B, B2C and B2B2C markets.
Business products are branded Corona and include on-premise and cloud versions of the platform aimed at delivering corporate connectivity to businesses in Australia and globally.
For Consumers, Norwood has launched World Phone for both iOS and Android to tremendous globally success and has announced and is testing two new apps - World Message and World WiFi.
The third market segment, B2B2C, is the part of Norwood’s business that deals with global telco carriers. Concerned by the impact of OTT apps and services on their business, they are increasingly looking for partners to provide these services to their customers in a consistent and coherent manner.
Norwood Systems listed on the ASX in June 2015 via a reverse listing process and trades with the stock ticker NOR.
Go to Company Profile for: Norwood Systems
Announcement Contact: [email protected]