Data Respons ASA: Contract of NOK 11 million
December 07 2018 - 6:44AM
Data Respons has
signed a contract of NOK 11 million with a Norwegian
customer.
The contracts comprise R&D Services, software
development and Smarter Solutions embedded in the customers'
industrial products. The initial development services and prototype
deliveries will be carried out in 2019 with potential to deliver
these solutions later.
- We notice that there is an increasing product development
activity among our customers and that companies get more
technology-driven in their strategy. This contract involves
development of an advanced communication solution with high
security requirements that will be operating in rugged
environments. Our multi-disciplinary engineering competence and
industry know-how enables Data Respons to take on advanced
development projects, says Kenneth Ragnvaldsen, CEO of Data Respons
ASA.
- In Data Respons, we have a lifetime perspective
on our relationships and work closely with our customers - from
idea throughout the product lifecycle and into the next generation.
This contract offers a great long-term opportunity to deliver
products and services in many years ahead, says Kenneth
Ragnvaldsen, CEO of Data Respons ASA.
For further
information:
Kenneth Ragnvaldsen, CEO, Data Respons ASA, tel. +47 913
90 918.
Rune Wahl, CFO, Data Respons ASA, tel. + 47 950
36 046
About Data
Respons
Data Respons is a full-service, independent technology company and
a leading player in the IoT, Industrial digitalisation and the
embedded solutions market. We provide R&D services and
smarter solutions to OEM companies, system integrators and
vertical product suppliers in a range of market segments such
as Transport & Automotive, Industrial Automation, Telecom
& Media, Space, Defence & Security, Medtech, Energy &
Maritime, and Finance & Public Sector.
Data Respons ASA is listed on the Oslo Stock Exchange (Ticker:
DAT), and is part of the information technology index. The company
has offices in Norway, Sweden, Denmark, Germany and
Taiwan. www.datarespons.com
This information is subject of the disclosure requirements pursuant
to section 5-12 of the Norwegian Securities Trading Act.
This
announcement is distributed by West Corporation on behalf of West
Corporation clients.
The issuer of this announcement warrants that they are solely
responsible for the content, accuracy and originality of the
information contained therein.
Source: Data Respons ASA via Globenewswire
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