NOR 0.00% 3.8¢ norwood systems limited

Ann: Appendix 4E Preliminary Final Report, page-2

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  1. 3,256 Posts.
    lightbulb Created with Sketch. 1456
    In before Bottleshock 1st post trolling of every report!!!!!
    Gotta be quick..

    Building on the successful completion of both the first and second PoCs, Norwood has been engaged in intensive
    commercial and contractual negotiations since early 2024 for a significant multi-year CogVoice supply contract. These
    negotiations remain a top priority for the Company and are actively progressing.
    Our relationship with Spark NZ continues to thrive, with pleasing year-on-year revenue growth for the services we
    provide.
    Building on these positive developments, Norwood further intensified its business development efforts in Europe and
    North America during FY2024 by continuing to invest in experienced, dedicated sales and marketing resources in both
    regions, leading to deeper engagements with several Tier 1 CSPs. Over the past year, these efforts have significantly
    advanced our sales pipeline and opened up promising new opportunities for growth.
    In Europe, we have been negotiating a strategic development relationship with a leading Tier 1 CSP, which may involve
    multiple Proofs of Concept for our CogVoice AI technology in FY2025. Simultaneously, we are advancing discussions
    with a major North American CSP for the deployment of agentic enabling infrastructure, demonstrating our capability
    to cater to diverse and complex network environments.

    Bad luck to holders silly enough to get sucked in to the manipulation/bots forcing the price down - in my opinion, in time for major news!
    Anyone listening to the trolls, or doubting the BAFO being successful, this update should confirm it's ALL PROGRESSING BABY!

    Bring on big optus $, UK and US tier 1's
    Last edited by Holla: 30/08/24
 
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