NOR 0.00% 4.8¢ norwood systems limited

Sales and Commercialisation ActivitiesAs noted above, the...

  1. Doz
    4,521 Posts.
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    Sales and Commercialisation Activities
    As noted above, the Company continues to progress with developing key opportunities with both telcos directly and with potential partners that can amplify Norwood’s own sales efforts.Norwood currently has live telco pilots in Australia, Africa, Europe and North America at various stages of progression and hopes to report in further detail on these pilots as they develop. The Company is confident at present that potentially material progress will be achieved during this current quarter with one or more of these prospects.

    Norwood is also continuing its business development efforts to establish formal partnership agreements with two potential large scale distribution partners as previously advised. Discussions with both parties are progressing and still afoot. The Company will report to the market as and when material developments take place with either or both parties.

    Norwood is further currently exploring a number of additional novel partnerships of either a revenue- generating or revenue-sharing nature that involve bespoke technology development and/or technology licensing and/or cross-licensing opportunities. The Company will will report any deals arising to the market from these activities as and when they take place with such prospective parties. At this time, the Company is highly confident that announceable news is likely be generated within the current operating quarter for some of these novel partnership opportunities.

    Summary .......

    Sales and commercialisation activities , pilots - both domestic and international , with one or more new deals expected this current quarter $$$$ .

    Partnership engagements with previously announced Microsoft / Metaswitch and Oracle that can “ amplify “ Norwood’s own sales efforts $$$$ .

    New news , additional novel partnerships , generating revenue , highly confident news this current quarter $$$$ .

    Continued uptake and rollout of Spark $$$$

    $$$$ + $$$$ + $$$$ + $$$$ = A share price well beyond 3 cents ..... DYOR

    Well done Norwood , should be exciting times for all involved .

    All in my opinion .......


 
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