Contract worth NOK 37 million

Data Respons has extended a contract with an existing customer in the oil services industry. The new contract is valued at NOK 37 million and the order volume will be delivered over the next two years.

The maritime sector and the oil services industry needs robust and customized embedded solutions. Our customer wants a strategic partner throughout the product life cycle, from early development stages to recurring deliveries, says CEO of Data Respons ASA Kenneth Ragnvaldsen. Such computer solutions require high quality, local expertise and well-established production and delivery capabilities in Asia.

Data Respons has broad customer portfolio within the growing international oil and gas sector and has more than 25 years of experience within this field. Together with our customers, we are involved in a large number of exciting technology projects and deliveries.

There is no doubt that there is considerable potential for Data Respons in this sector going forward, concludes 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 431 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.