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Norwood Systems Ltd ( (AU:NOR) ) has provided an announcement.
Norwood Systems Ltd has secured a five-year contract valued at approximately $2.98 million with Optus to replace its existing voicemail system with Norwood’s AI-powered CogVoice Voicemail platform. This strategic partnership not only enhances Optus’ voicemail functionality and user experience but also positions Norwood as a competitive supplier in the telecommunications industry, with potential for future premium services.
More about Norwood Systems Ltd
Norwood Systems Ltd is a leading innovator in voice communication services, specializing in advanced conversational and generative AI technologies to enhance global communications. The company offers cutting-edge voice services that improve user experiences and deliver reliable solutions to customers worldwide.
YTD Price Performance: -33.33%
Technical Sentiment Consensus Rating: Buy
Current Market Cap: €5.55M
Find detailed analytics on NOR stock on TipRanks’ Stock Analysis page.
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