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Company Interview / The small cap with a big deal

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The small cap with a big deal

Company Interview19 Mar, 2025

Paul Ostergaard from Norwood Systems shares excitement over a groundbreaking $3M deal with Optus to replace its legacy voicemail system. This marks Norwood's (ASX: NOR) entry into working with tier-one providers and opens doors for future contracts with other major operators.

Paul highlights Norwood's AI-driven platform, Cog Voice, leveraging advanced conversational technologies. Since 2021, Norwood has been pioneering AI to add value for consumers and operators, offering new opportunities to monetise voice services.

With plans to secure more contracts globally, Paul envisions Norwood growing significantly. Aiming to partner with 30 tier-one ISPs/CSPs worldwide, Paul projects substantial revenue growth, supported by existing partnerships with Microsoft (NASDAQ: MSFT) and AWS (NASDAQ: AMZN)

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