Contracts in Sweden of SEK 40 million
Data Respons has signed contracts of SEK 40 million with a customer within Telecom & Media.
The contracts include specialist R&D services, software development, advanced testing and system integration supporting all phases of the development cycle. The deliveries will be carried out during 2019.
– These contracts confirm a strong structural demand among our customers and contribute to a record high order intake so far in 2019. Over the last years, we have enjoyed great success in the Swedish market and significantly increased revenues through strong organic development, says Kenneth Ragnvaldsen, CEO of Data Respons.
The main drivers are increased R&D spend among our customers and that companies are getting more technology-driven in their product development strategies. Products are becoming more intelligent, service and software-oriented, and are expected to be securely connected 24/7. Our skilled engineering teams deliver highly specialised R&D services in long term and business critical product development projects, Ragnvaldsen concludes.
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.