Ann: Norwood releases first Public Beta of CORONA Cloud-NOR.AX, page-62

Need to have a better look over the weekend but this is better and more advanced news then I was expecting for the Corona release this month.

Reasons for the above statement

1. They allow users to bring there own device through the use of a switcher

This has huge cost saving implications for any sized companies and allows them to leverage the mobile phone of choice of the employee. Saves carrying 2 phones on business trips too.

"End-users benefit from an innovative “dual-mode” credit management interface (“the Switcher”), believed to be a world-first in the OTT sector, released simultaneously on Version 1.2 of Norwood’s award-winning and top-selling World Phone App, allowing end-users easily to segment personal and business calling expenses o CORONA Cloud, coupled with World Phone V1.2, provides a compelling feature set for corporate clients who are considering, or who are in the midst of, a “Bring Your Own Device” (BYOD) "


2. The interface looks absolutely world class. Even as a product to track where your employees are at any point in time would be useful.

CORONA Cloud provides advanced, detailed and real-time reports to give IT Administrators effective and easyto-access tools to manage and control BYOD mobile fleet usage of OTT calling services.


3. They already indicate they have some major companies in the final stages of acceptance and indeed to take GTS straight to the blue chip market

" The opening of a Public Beta of CORONA Cloud marks the final stage prior to an official launch – Norwood has a number of potential major corporate customers in the final stages of acceptance testing for CORONA Cloud and CORONA GTS (Global Trunk Services), now through the live environment ahead of the official launch, as well as a strong pipeline of targeted blue-chip clients "

4. Savings of 24-40% whilst giving a company more control over its spending and user accounts is going to be a real crowd pleasure.

5. This has to have market appeal to telecos too. Many opportunisties for white labeling of NOR's corporate solution or collaborating with telco's to tailor a corporate package.

I guess it will take a few more weeks at least to get out of Beta but the target market for this product is any small, medium or large company in the world.

If NOR can get good feedback from its trial customers I don't want to even guess where the SP or market cap could be headed but I don't think I will be selling any of my shares at Holla's party. Might have to wait for Brentv's Byron Bay 50 cent pub crawl before I sell. Hope you can join me !

Strap yourself in for June my Norwidian friends, and PO, Shane and the NOR boys knock down a few coldies tonight. You have bloody well earnt it