Tuesday, 23 August, 2005 - 22:00
Norwood Systems Ltd
Norwood Systems Ltd 16-Aug-05 Lodged response to ASX query
Norwood Systems (ASX: NOR) was founded in 2011 to develop and supply global mobility and roaming solutions for multinational organisations. The company’s current offering, Voice Continuity, delivers international roaming solution for the enterprise private voice cloud. Voice Continuity is based on award-winning technology developed by an earlier iteration of Norwood Systems during the early 2000s, which successfully developed and deployed the world’s first ‘dual-mode’ enterprise mobility platform using Bluetooth/GSM cellular handsets. The Company won the first ever tender issued by a large telco for dual-mode converged enterprise voice services infrastructure. Norwood Systems was ranked by Time Magazine as one of Europe’s hottest tech firms in 2001 and 2002. In 2003, its technology won the prestigious European IST Prize, awarded annually by Europe’s Academies of Science to the top 20 ground-breaking IT innovations in the European Economic Area.
It became clear by 2010 that smartphones, powered by Apple and Google software, were becoming open enough to support the service architecture originally envisaged by the founding Norwood Systems’ team in mid-1999. Consequently, its founders decided to take the million lines of code developed by the first Norwood Systems out of mothballs and re-start the company, using the Norwood Systems name once again to reflect the strong enterprise mobility heritage of the Company’s technology base and team.
In June 2019, Norwood Systems was the National iAwards Finalist in the Most Effective Infrastructure Solution category at the WAITTA INCITE awards for its World Voicemail, transcribed visual voicemail telco platform.
Rank | Company | 1 Yr | 5 Yr |
---|---|---|---|
823rd | Phoslock Environmental Technologies | 0% | -51.11% |
824th | Medlab Clinical | 0% | -34.5% |
825th | Norwood Systems | 0% | 5.92% |
826th | rent.com.au | 0% | -16.74% |
827th | Rewardle Holdings | 0% | 57.56% |
Rank | Company | # | |
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152nd | ![]() |
Norwood Systems | $1.74m |
154th | ![]() |
AusCann Group Holdings | $1.66m |
155th | ![]() |
Skin Elements | $1.61m |
156th | ![]() |
InFocus Group Holdings | $1.39m |
157th | ![]() |
Sprintex | $1.35m |
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NEW ROLE: Paul Covich, Non-Executive Director | 29 Jan 2025 |
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RANKING: 45 Up from 61 in Technology Companies list | 22 Jan 2025 |
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RANKING: 52 Up from 61 in Technology Companies list | 10 Dec 2024 |
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UPDATED: Technology Companies list | 18 Nov 2024 |
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RANKING: 61 Down from 60 in Technology Companies list | 04 Sep 2024 |
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ADDED: Added to Technology Companies list | 07 Aug 2024 |
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RANKING: 60 Up from 61 in Technology Companies list | 19 Feb 2024 |
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RANKING: 61 Down from 60 in Technology Companies list | 02 Dec 2023 |
Norwood Systems Ltd 16-Aug-05 Lodged response to ASX query
Nedlands-based tech company Norwood Systems has enlisted two influential supporters to launch a platform which it says will cut exorbitant mobile roaming costs for corporate clients.
When it comes to mobile roaming, there’s no place like home for Norwood Systems.
The run of mining companies turning to the technology sector is far from over with another reverse takeover in the works.
A surge in the number of backdoor listings was one of the few positives on the stock market in 2014, and two new deals for technology companies show there is more to come.
The growing number of backdoor listings in WA has highlighted the best, and worst, of the capital markets.
The company behind the reverse takeover of local cloud-based technology company Norwood Systems has raised $5.5 million in an oversubscribed share offer.
Liberty Resources has completed a $5 million capital raising that marks one of the final steps in its reverse takeover of IT company Cirrus Networks.
Two telco companies that provide roaming services have begun their first day of trading on the ASX today, with Norwood Systems making solid gains while Flexiroam closed flat.
The Incite awards showcase that the state is putting its brainpower to work in the technology sphere with great success.
The wave of backdoor listings on the ASX has delivered nearly $90 million of extra capital to the tech sector in Western Australia, but the trend hasn’t all been positive, research by Business News has found.
What? A travel app designed to provide international travellers with far lower phone charges than through traditional roaming services. Users can be reached either on their regular number or on a personal ‘local’ number from any of 70-plus countries in the world.
SPECIAL REPORT: Two years on, the surge in ASX backdoor listings shows little sign of slowing, helping innovative technology businesses in Perth, interstate and overseas to raise capital.
The keen investor interest in tech stocks will hopefully be more than a passing trend.
The surge in backdoor listings on the ASX hit new highs in the September quarter and is attracting more entrepreneurs with Silicon Valley experience.
Steve Tot has been appointed as Norwood Systems’ vice president of sales.
Shares in recently listed companies Norwood Systems and ResApp Health have surged in recent weeks as investors warm to the wave of tech companies completing reverse takeovers.
Norwood Systems and ResApp Health are small tech companies with global potential and, judging by their share price gains this month, investors have latched on to the latter.
Perth tech companies Norwood Systems and rent.com.au have completed capital raisings worth a combined $9.3 million, with Norwood planning to raise a further $1.5 million to fund further marketing of its products.
WA needs to get behind its early stage tech sector or risk losing 25 per cent of state GDP.
Experienced investors such as Gavin Rezos and Tony Grist have shone brightly as the technology sector has attracted growing interest.
SPECIAL REPORT: Funding for WA’s tech sector is much healthier than a recent government-backed report concluded, research by Business News has found.
Perth-based telecommunications company Norwood Systems has tapped investors for a $5 million capital raising to fund ongoing development of its products.
Safety and security companies featured heavily in Techboard’s top trending startups this past fortnight, with five out of the top ten companies representing the category.
Telecommunications company Norwood Systems says it still has enough funds to meet its development objectives for the coming financial year, despite failing to raise a minimum $1 million in a priority offer which it had previously said would be needed to fund those goals.
Carnegie Wave Energy has taken first place in Techboard's top trending startup rank this fortnight, after announcing a $2.5 million grant for a wave and solar power microgrid on Garden Island.
SPECIAL REPORT: The detailed reporting of remuneration by listed companies means it should be easy to determine the state’s best-paid chief executive, but the reality is more complicated.
Cash Converters has appointed Ellen Comerford and Andrea Waters as independent non-executive directors.Amit Pau has formally commenced his role as non-executive chair of Norwood Systems. Michael Edwards, former chair, will remain on the board as non-executive director.
Perth-based telecommunications company Norwood Systems has tapped the market for nearly $2.1 million to fund ongoing development and commercialisation of its products.
Waste water treatment company De.Mem has debuted strongly on the Australian Securities Exchange, after completing a $4.5 million initial public offering.
Norwood Systems, Fastbrick Robotics and Balconi Telecommunications were among the winners at this year’s WAITTA INCITE awards for the ICT sector.
Two local tech companies have raised more than $5 million, with medical firm Proteomics International Laboratories securing $3.4 million via the exercise of options.
Emerging Western Australian nickel company St George Mining is pleased to announce it has successfully raised $4.0 million from institutional and sophisticated investors via a placement at an issue price of $0.18 per share.
Amit Pau has resigned as non-executive chair of Norwood Systems in order to focus on other business commitments.
Eon NRG is pleased to announce that the Company’s rights issue, as detailed in the Prospectus dated 6 February 2019, has been well supported by Eon’s shareholders and new investors and is now closed having raised total of ~$2.544 million before costs.
Norwood Systems has closed its partially underwritten one-for-four entitlement offer, raising $1 million. Valid applications were made for $289,786 of shares, at 0.3 cents a share. The partial underwriter will subscribe for $718,729 of the shortfall.
Telecommunications provider Norwood Systems has announced it will deliver value-added mobile network services to New Zealand telco Spark, in what the company is positioning as the first step in a strategy to provide its own network to telecom service providers.
A Perth startup led by three tech veterans is planning to manufacture and export a new high-speed COVID testing machine after getting backing from the state government.
Our board moves wrap includes James Champion de Crespigny, Gary Schwab, Jack Rosagro, Stuart Usher, and Steven Wood.
Our board moves wrap includes Steve Bodon, Tamara Barr, Stephen Strubel, Michael Edwards, Ed Mason, Kate George, Greg Martin, Andrew Pickering, Felicity Repacholi-Muir, Sam Pazuki, Ian Murray, Phil Marsland, Philip Otley, John Tarrant, Giles Everist, Justin Richard, Chris Gale, Anthony Greenaway, and Joseph van den Elsen.
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