Data Respons wins offshore contract worth MNOK 19
Data Respons is experiencing an influx from both current and new customers within the Oil and Offshore markets. The trend is encouraging and the contracts are increasing in both volume and scope. Data Respons expects continued growth in the market for Embedded Solutions in the years to come.
Data Respons has won a contract worth MNOK 19 from a major Norwegian offshore customer. The contract consists of serial deliveries of Embedded Solutions. The solution combines standard products with customised technology on to an integrated platform. The main part of the delivery will occur within the next two years.
- Market conditions in the oil and offshore markets are excellent and Data Respons is also benefiting from this, says CEO Kenneth Ragnvaldsen in Data Respons ASA. The solution we are delivering is embedded into one of the customer's most important products and we expect that the future potential is considerable.
Data Respons's customers within the offshore industry range from seismic, oil exploration, oil extraction, measurement systems for oil and gas pipelines, communications and seabed technology.
- Customers are increasingly focusing on their core technology and seek experienced partners who can deliver professional industrial computer solutions, contributing to increased efficiency and competitiveness of customers, Ragnvaldsen points out.
About Data Respons
Data Respons` vision is to become leading in Europe within 2010 on Embedded Solutions in the industrial market. Embedded Solutions can be described as being the brains of a machine, system or industrial end product. Data Respons supplies Embedded Solutions to leading OEM companies, system integrators and vertical product suppliers in a range of market segments such as defence, offshore, automation, medical equipment, surveillance, transport, telecommunications and other industries. Data Respons` customers include Ericsson, Nera, ABB, Brüel & Kjær, Tandberg, Anritsu and Saab. 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 Denmark, Finland, Norway, Sweden and Germany. At the close of the 3rd quarter 2006 the company had a total of 183 employees.
For further information please contact:
Kenneth Ragnvaldsen, CEO, Data Respons ASA
phone: +47 67 11 20 00 Mob: +47 913 90 918.
More information on Data Respons ASA can be found on our website: www.datarespons.com