Norwood Systems: Receives purchase order from Spark NZ

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Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

Norwood Systems Receives purchase order from Spark NZ

  • Norwood Systems (NOR) receives a NZ$639,000 (just over A$603,000) purchase order from long-term customer Spark NZ
  • The contract is for services across the new financial year and follows on from an initial agreement signed last year
  • Under this agreement, Norwood has provided Spark with a branded version of Norwood’s world voicemail services and applications, dubbed Spark Voicemail
  • Spark commenced promoting Spark Voicemail in March 2020
  • Norwood’s CEO and Founder Paul Ostergaard is pleased with the purchase order
  • On the market this morning, Norwood is trading up 31.6 per cent and is trading at 2.5 cents per share at 11:01 am AEST
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