NOR 0.00% 3.2¢ norwood systems limited

Hey Folks, It's been a while since I've posted in here, but I...

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  1. 919 Posts.
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    Hey Folks,

    It's been a while since I've posted in here, but I stumbled across something that might add some interest for uppers and downers alike. Whichever side of the fence you are on, I think most would agree of the importance of the pending Big4 bank deal for NOR.

    I was checking out Truphone (they offer an Apple SIM that competes with my beloved FRX's flagship product) Apologies for digressing...

    Anyway, I noticed they have a a mobile & SMS call recording solution:

    https://www.truphone.com/au/mobile-recording/

    and they purport to have 9 of the top 12 banks in the world as their customers! They even have a case study that bares remarkably similar benefits to those outline by NOR:

    https://www.truphone.com/globalassets/assets/case-studies/truphone-case-study-tier-1-bank.pdf

    It certainly proves there is a market for NOR's offer in this space (in addition to JPM), and encouragingly it does appear as though NOR's offer is differentiated from Truphone's having additional CRM capability & the softphone client software. I'm unsure of whether NOR's solution would be easier to manage.

    Perhaps Shane would be able to enlighten us to the differences of the offerings?

    There are some further interesting articles that might excite the NORons and hopefully get some of you back to actually posting with some value rather than the constant sniping.

    Truphone are cashed up and are on the acquisition path having recently raised $450m AUD (backed by Abromovich although it seems they aren't yet profitable):

    https://techcrunch.com/2017/10/02/t...e-debt-and-step-up-in-connecting-iot-devices/

    Happy Monday all!
 
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