23 MSEK contract from Saab in Sweden
The contract consists of technical advanced products for military solutions. Data Respons will deliver embedded computing platforms that are customized to meet the requirements of military aircrafts. The deliveries will take place in 2006 and 2007.
"This agreement is a result of a long-term relationship between Data Respons and Saab, and we will now start to deliver recurring solutions," said Kenneth Ragnvaldsen, CEO at Data Respons ASA. "This also proves our strength as a supplier of customized embedded solutions developed in cooperation with our international partners."
"Data Respons in Sweden is continuing its strong growth and has during the last months signed several large embedded solution contracts. This order is confirming that 2005 will be yet another year of strong growth in the Swedish order backlog, now amounting to over SEK 50 million," concludes Ragnvaldsen.
About Data Respons
Data Respons' vision is to be the leading Embedded Solutions company in Europe by 2010. Data Respons delivers integrated computer solutions for OEM customers in defense, offshore, telecommunications and cross-industry. Data Respons ASA (Ticker: DAT) is listed on the Oslo Stock Exchange. The company has offices in Denmark, Finland, Germany, Norway and Sweden.
For more information visit www.datarespons.com
Saab is one of the world's leading high-technology companies, with its main operations in defense, aviation and space. Saab covers a broad spectrum of competencies and capabilities in systems integration.
For more information visit www.saab.se
For more information, please contact:
Kenneth Ragnvaldsen, CEO, Data Respons ASA
Tel.: +47 67 11 20 00 Mobile: +47 91 39 09 18