NOR 6.98% 4.0¢ norwood systems limited

Norwood media coverage, page-20

  1. 1,225 Posts.
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    Again not strictly NOR but it's relevant in the industry.

    FRX  just released it's flexiroam sim sticker ( details below ).
    http://hotcopper.com.au/threads/ann-launch-of-flexiroam-x-for-data-roaming-frx-ax.2782240/

    It's share price moved 3% and only had 5.6 K value of shares traded today. In other words the market does not really think it's anything to be excited about.

    I wonder why ? Is webbj correct in stating roaming charges just arnt a big issue anymore, is it the fact that users must insert a pre ordered hardware device into their phones ?

    Early days but I imagine FRX shareholders would be a little nervous. What if any are the implications and leasons for NOR from this experiment ?

    FLEXIROAM LAUNCHES FLEXIROAM X FOR DATA ROAMING Highlights: ● FLEXIROAM launches its’ new flagship data roaming product, “X” in 8 countries. ● The adhesive microchip “X” provides access to global data in 100 countries. ● “X” App is a free download and users have the opportunity to earn up to 100GB of data. ● Accumulated data can be used in conjunction with a yearly membership for only $9.99 which includes the “X” microchip ● Subscribers who sign up to “X” by 11.59pm (EST) on 7 June 2016 will receive 500MB of free data. FLEXIROAM Limited (“the Company”) is pleased to announce that its’ subsidiary FLEXIROAM Sdn Bhd (“FLEXIROAM”) has launched its new flagship data roaming product, “X” today. The “X” App is a mobile application which works with “X”, a thin, microchip-embedded film to be applied on a user’s existing SIM. Once applied, “X” provides access to FLEXIROAM’s data roaming network in up to 100 countries without having the need to physically change their existing home SIM while abroad. FLEXIROAM is pleased to announce that the “X” App is available now for download on both Apple iOs and Google Play. FLEXIROAM is now shipping “X” to Australia, Malaysia, Taiwan, Hong Kong, Korea, Singapore, Thailand and Indonesia and the Company plans to make “X” available in more countries in the near future. The “X” App allows users to earn up to 100GB of free data per year through interactions with the mobile app, such as the referral of the app to friends. In this instance, the user can earn 100MB of free data for each friend they refer and in turn their friend earns the same amount of data by signing up to a membership. In addition to the above, users can earn free data through special promotions. One such current promotion is that FLEXIROAM is giving away 500MB data to all new users when they sign up to “X” using the promo code “XLAUNCH”. This promotion is available from 12.00am (EST) on 1 June 2016 to 11.59pm (EST) on 7 June 2016. More information can be found on the Company’s website.
 
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