ASXANNOUNCEMENT

3June2016

NorwoodreleasesfirstPublicBetaofCORONACloudHighlights:o Norwood’senhancedcorebusinessOver-the-Top(OTT)service,CORONACloud,hasnowbeen

releasedasaPublicBeta,aheadofanofficiallaunchinthecomingweekso SignificantnewfeaturesincludedinCORONACloudinclude:

o Azero-touch,web-basedbusinessconsole(“theDashboard”),providingcorporateclientswithdetailedvisibilityandinsightsonallenrolledmobilecallingusers,deliveringreal-timereportingofemployees’OTTcallingexpenses,callingbehavioursandcallingpatternsonaglobalandintegratedbasis

o Basedonexistingtrialcustomerfeedback,corporateclientscanbenefitfromsavingsupto25-40%offtheircorporatephonebill,measuredacrossfixedofficeandmobileusertelephonyexpenses,whendeployingboththeCORONACloudandCORONAGTSplatformsintheirworkplace

o End-usersbenefitfromaninnovative“dual-mode”creditmanagementinterface(“theSwitcher”),believedtobeaworld-firstintheOTTsector,releasedsimultaneouslyonVersion1.2ofNorwood’saward-winningandtop-sellingWorldPhoneApp,allowingend-userseasilytosegmentpersonalandbusinesscallingexpenses

o CORONACloud,coupledwithWorldPhoneV1.2,providesacompellingfeaturesetforcorporateclientswhoareconsidering,orwhoareinthemidstof,a“BringYourOwnDevice”(BYOD)migrationstrategyfortheirmobilefleets

o PaymentsthroughtheCORONACloudplatformareprocessedinahighlysecuremanner,usingthesecureplatformofNorwood’sstrategicpaymentspartner,Stripe

o TheopeningofaPublicBetaofCORONACloudmarksthefinalstagepriortoanofficiallaunch–NorwoodhasanumberofpotentialmajorcorporatecustomersinthefinalstagesofacceptancetestingforCORONACloudandCORONAGTS(GlobalTrunkServices),nowthroughtheliveenvironmentaheadoftheofficiallaunch,aswellasastrongpipelineoftargetedblue-chipclients.

“SharingEconomy”telecommunicationspioneerNorwoodSystemsLtd(“Norwood”or“theCompany”)(ASX:NOR) is pleased to announce the general Public Beta availability of the Company’s new business-focusedtelephony offering, CORONA Cloud. CORONA Cloud provides corporate clients with a revolutionary,centralised, zero-touch corporate web-based platform to manage Over-the-Top (OTT) telecommunicationsservicesbeingdeliveredtomultipleusersandgroupsinthebusinessenvironment.

TheCORONACloudPublicBetacanbeaccessedat:coronacloud.norwoodsystems.com

Corporateclientscannow“self-serve”CORONACloud implementationsthroughthewebandeffortlesslysetup individual employees,work-groupsor entiredepartments touse the system. Employeeswhomayhavepreviously downloadedWorld Phone, can also link up seamlessly to the CORONA Cloud service platform.CorporateITadministratorscanthenfund,manageandreportonemployees’business-relatedWorldPhonecalls.

TheCORONACloud servicemodel operates in a similarmanner to cloud-based business-targeted offeringsfromUber (Uber for Business), Dropbox (Dropbox for Business) and other software firms. CORONA Cloud

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implements a secure credit card payment facility, utilising Norwood’s payment partner Stripe’s advanced,securepaymentsplatform,openinguprevenuecollectionoutsidetheAppStorechannels.

This is the first time that businesses can have a consolidated, zero-touch and real-time view of employeemobile OTT calling expenses, and be able tomanage those expenseswithout the additional overhead thatcomes with BYOD implementations. Norwood has a significant sales pipeline of customers able to trialCORONA Cloud now that it is available for Public Beta, alongside initial closed beta users performing finalacceptancetestingaheadoftheofficiallaunch.

AnumberoftheseclientsarealsotriallingCORONAGTS,whichconnectsallofficevoicetraffictoNorwood’sglobal federated network, delivering a single-vendor solution for multi-sited multi-country organisations.CORONAGTS call routingover the internet is limitedto short-haul routesonly,henceusersenjoyveryhighquality calling, without the service degradation generally suffered by free VOIP services, particularly overinternationaldistances.

Alongside the general availability of CORONA Cloud, the Company’s Over-the-Top (OTT) Telephony App,WorldPhonehasalsobeenupdatedtoversion1.2, incorporatingsupportforCORONAandCORONACloud.WorldPhone nowoperates effortlessly in either a corporateor apersonal use case context, supporting anelegantuserinterfacetoenabletheend-usertoswitcheasilybetweenthetwomodes.

CORONACloudDashboard

The Dashboard is Norwood’s web-based central management platform for CORONA Cloud – a “one-stopshop”foracorporateclienttoobtaindeepinsightsandcontroloftheirmobilefleet’sOTTtelecomsspend.Itpresents a super-clear dashboard view thatdelivers an “at-a-glance”overviewon themobileOTT telecomsspend for their organisation. Each part of the dashboard supports further “drill-down” enquiries intomoredetailedreportsandsettingspages.

ThemainCORONACloudDashboard

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CORONAClouddeliverseasytoaccessreal-timereporting:

CORONACloudprovidesadvanced,detailedandreal-timereportstogiveITAdministratorseffectiveandeasy-to-accesstoolstomanageandcontrolBYODmobilefleetusageofOTTcallingservices.

ExampleofCORONACloudreporting

WorldPhoneV1.2BusinessAccount“Switcher”forCORONACloud:

GettinganeworexistingWorldPhoneuserontotheCORONACloudplatformisstraight-forwardandsimple,involvingjustonestepbytheadministratorandtwosimplestepsbytheend-user:

Two-stepprocessforWorldPhoneUserstobenefitfromCORONACloud

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NorwoodSystems’CEOandFounder,PaulOstergaard,commented:

“We are very pleased to bring CORONA Cloud to market, as it represents a major enhancement andimprovementtoourcorebusinessoffering.WorldPhonehasbeenasignificantbreakouthitontheconsumerside,andwehavenowrevampedtheCORONAplatformtoincludeWorldPhonelearningsanduserexperienceimprovements,whichwebelievewilldeliversignificantappealtobusinessorganisations,improvingtheirabilitytomanageandcontrolemployees’mobileandfixedlinecalling.“With the new, integratedWorld Phone V1.2 Switcher capability, we are delivering unparalleled expensemanagementcontrolandsimplicityintothehandsofcorporateend-usersforthefirsttime.WorldPhoneV1.2isasingleOTTTelephonyAppthatcustomerscanusewithequaleaseand familiarity forbothpersonalandcorporatecalling,supportingsegmentedcreditmanagement,callinghistoryandreporting.“CORONA Cloud is the perfectway to support and implement the BYODmodel thatwe see somany firmsstrugglewithfromacontrolandreportingperspective.Userscaneasilysegmentcallingrecordsforpersonalandbusinessreasons–nolongerdostaffhavetospendtheirvaluabletimeporingthroughtheirlastmonth’sphonerecordstocompleteexpenseclaims!BYOD,doneproperly,canreduceacompany’smobilefleetexpensebyasmuchashalf,butitisverydifficulttodowithoutcreatingadditionalunwantedmanagementoverhead.CORONACloudprovidesacrediblesolutiontothisveryrealbusinessneed.“With theCORONACloud service nowavailable for Public Beta, businesses can for the first time view theirentire employee OTT calling expenses in real-time, using a high-quality consolidatedweb-based dashboard.WeareveryexcitedtobeputtingthisadvancedcapabilityinthehandsofCorporateITadministratorsandlookforwardtothestrongresponsewethinkthiswillreceive.“CORONACloudandCORONAGTSnowallowbusinessestomanageandreducetheirentirefixed linephonebill,usingasimilarapproachtothatadoptedbyotherbusiness-focusedsharingeconomyfirms,forexample,howUberenablescentralisedcontrolandmanagementofaclient’stransportcosts.”“We are delighted to be demonstrating this potent offering to a strong pipeline of potential corporatecustomersaheadoftheofficiallaunchinthecomingweeks,andindeedhavebeenextremelypleasedwiththeimmediatereactionsofthoseclientswhohavealreadyseenitinaction.”

-ENDS-ForFurtherinformation,pleasecontact:Company:PaulOstergaard,CEO&FounderOffice:+61892003500Web:www.norwoodsystems.comTwitter:@norwoodsystems,@paulostergaard

InvestorRelations:ShaneMurphy,FTIConsultingOffice:+6194858888email:shane.murphy@fticonsulting.comMobile:+61420945291Twitter:@ShaneWMurphy

Media:DavidTasker,ProfessionalPublicRelationsMobile:+61433112936email:david.tasker@ppr.com.au

BackgroundIndividual travellers,businessesandgovernmentsgloballyare incurringsignificant internationalcall roamingcharges. Informa Telecom estimates that mobile operators today bill more than US$55 billion annually inroamingcharges*(source:JuniperResearchreportontheMobileRoamingMarket,2014).

Norwood Systems’ patent-pending cloud service platforms integrate the international fixed phone networkwith short-haul Voice over Internet Protocol (VoIP) technologies to optimise roaming business travellers’telephonyexperiences.

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Australian businesses and individual business travellers are using Norwood’s services today on multiplecontinents.TheCompanyhasbuiltupasignificantpipelineofprospects,includingglobalplayersintheareasofaviation,professionalservices,banking,telecommunications,engineeringandlegalservices.

AboutNorwoodSystems

Norwood Systems Ltd (ASX: NOR) is revolutionizing the ‘Sharing Economy’ delivery of high-qualitytelecommunications services for individual business travellers and organisations on a worldwide basis. TheCompanylistedontheASXon16June2015.

NorwoodSystemswasfoundedin2011todevelopandsupplythebestpossibleglobalmobilityandroamingsolutions using Over-The-Top (OTT) technologies. The Company’s breakthrough offerings, CORONA™ andWorld Phone™, deliver the world’s most advanced international fixed-line roaming solutions addressing abroadspectrumofcustomers,fromindividualbusinesstravellersallthewaythroughtolargeenterpriseandgovernmentclients.

CORONA is an award-winning, enterprise-class cloud services platform thatintegrates compatible mobile devices securely and seamlessly with theorganisation’sexistingUnifiedCommunicationorPBXnetworks, independentoftheirlocation.

World Phone is an award-winning, revolutionary communications App,deliveringeffortless ‘Sharingeconomy’ consumeraccess to leading fixed-linenetwork service providers around the world, providing unparalleled localaccesstohigh-qualityvoicenetworksinmorethan90countries.

WorldPhone

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