Norwood Systems Ltd. announce that it has formed a new global technology and services supply relationship with Infosys Limited. Norwood has been onboarded by Infosys as an Approved Vendor to Infosys, following a rigourous and comprehensive qualification process, to provide a portfolio of advanced telecommunications services to Infosys and its clients, globally. Under this new relationship with Infosys, Norwood has entered into a contract (First Project) with Infosys whereby Norwood will supply a communications solution to a Germany-based client of Infosys's. Under the scope of the initial 12-month contract, Norwood expects to receive approximately $170,000 in revenue, with discussions for a longer-term contract following the one-year contract agreement currently underway and which is progressing very positively.

As Norwood is producing a subscription-based solution under this project, Norwood has the potential to generate ongoing recurring revenue in the long-term stemming from this agreement, should additional contract extensions be agreed. The bespoke global communications solution that Norwood is delivering under this first contract leverages the Company's elastically-scalable, high-availability, cloud-native platform architecture that it has developed for deploying its core communications service platforms, Aïda and World Voicemail.