Norwood Systems Ltd. announced that it has varied its voicemail service agreement with long-term customer Spark NZ, initially announced to the ASX on 7th December 2018. The scope of works under the updated Agreement covers Norwood's premium Spark Visual Voicemail service offering, the pricing terms of which have now been extended for a further three years. In particular, the updated Agreement sets out the fee structure for the voicemail service for the three-year period from 1 January 2023 to 31 December 2025 and for maintenance charges for the three-year period from 1 July 2023 to 30 June 2026.

The Agreement variation is a significant step in the continuing positive evolution of Norwood's longstanding relationship with Spark NZ.