Asterisk is a complete PBX in software. It provides all of the
features you would expect from a PBX and more. Asterisk does voice
over IP in three protocols, and can interoperate with almost all
standards-based telephony equipment using relatively inexpensive
hardware.
Asterisk provides Voicemail services with Directory, Call Conferencing,
Interactive Voice Response, Call Queuing. It has support for
three-way calling, caller ID services, ADSI, SIP and H.323 (as both
client and gateway).
This is a standard version. It is scheduled to go to security
fixes only on October 3th, 2018, and EOL on October 3th, 2019.
See here for more information about Asterisk versions:
https://wiki.asterisk.org/wiki/display/AST/Asterisk+Versions