Norwood Systems Ltd. announced the launch of World Voicemail Version 4.0 for telcos and consumers, delivering a radical step up in transcription accuracy, context-detection, and safety, through Norwood's and its partners' advanced machine learning and transcription technologies. The World Voicemail Version 4.0 platform, developed internally by Norwood, is the result of many months of engineering effort and investment by the Company. The new release is in line with the Company's focus on delivering the world's best possible transcribed voicemail experience for telco operators and consumers worldwide. Norwood has again raised the bar on telco-class voicemail platform performance benchmarks, by delivering deep improvements in the World Voicemail platform's overall voice transcription capabilities. These improvements dramatically enhance the contextual value of transcriptions compared to those based on older transcription technologies, whilst also greatly improving the recognition of people's names in message transcriptions and delivering further new capabilities, such as content safety filters. The net result is an extremely high-quality and consistent voicemail transcription experience, making it easier than ever for end-users of Norwood's voicemail services to understand the accurate context of voicemails that have been left for them. This launch represents further significant progress for Norwood's vision to bring new innovations and value to the inbound call completion segment of the telco market, particularly noting that Norwood's best-in-class voicemail service will also perfectly complement Norwood's forthcoming Aïda intelligent assistant service. The launch of Norwood's World Voicemail Version 4.0 platform and associated core technologies enable Norwood to deliver significant additional utility and differentiation in the worldwide telco voicemail market. For end-users, World Voicemail Version 4.0 with its new advanced transcription features will also be available for download this week on both the Apple App Store and Google Play Store for iOS and Android users, respectively, subject to App Store approvals. The World Voicemail Apps already receive excellent user ratings, as evidenced by the consistent 4+ ratings on the Apple App Store. Norwood is currently actively engaging in commercial discussions with a number of prospective telco vendors and prospective telcos for both World Voicemail and Aïda. These engagements are currently focusing on securing internal approvals inside the counterparties for draft commercial agreements of various forms depending on the nature of the respective engagement. The Company expects that these commercial engagements will continue following the Christmas break and the Company is looking forward to potentially announcing further material progress on one or more of these potential relationships during the upcoming calendar quarter.