Contract of NOK 15 million in Oil Service

Data Respons has extended a contract with an existing international customer in the oil service industry. The new contract is valued at NOK 15 million and the order volume will be delivered throughout this and next year.

The oil service industry needs robust and customized solutions. Our customer wants a strategic partner throughout the value chain, from early development stages to recurring solution deliveries, says CEO of Data Respons ASA Kenneth Ragnvaldsen. Such solutions require high quality, local expertise and a global partner network.

Data Respons is well positioned in the oil service industry and has a broad customer portfolio of leading companies within the international oil service sector.

The strongest growing segment in Data Respons is the Oil Services/Maritime industry which accounts for almost 30 % of the company's revenue. The group has built up a strong market position in this industry sector. We have the relevant vertical competence and more than 25 years' experience which makes us an attractive partner for Oil Services companies with growth plans ahead, says Ragnvaldsen.

For further information:
Kenneth Ragnvaldsen, CEO, Data Respons ASA, tel. +47 913 90 918.

About Data Respons
Data Respons is a full-service, independent technology company and a leading player in the embedded solutions market. We provide products, services and embedded computer solutions to OEM companies, system integrators and vertical product suppliers in a range of market segments such as defence, medical equipment, industrial automation, oil services and offshore, transportation, energy and telecommunications. Embedded solutions can be described as the computer brain of a machine, system or industrial end product, and can be used in a broad range of industrial applications.

Data Respons ASA is listed on the Oslo Stock Exchange (Ticker: DAT), and is part of the information technology index. The company has 449 employees and offices in Norway, Sweden, Denmark, Germany and Taiwan.

This information is subject of the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.