Earnout payment for Centrex
With reference to the stock exchange notice on the 25th November 2005 and Data Respons annual report of 2006 note 12, concerning earnout payment for the acquisition of Centrex AS, has the Data Respons ASA board passed a private placing for 393.500 shares to the former owners of Centrex AS. The private placement was based on a share price of NOK 14.0783.
The number of shares outstanding will, including this transaction, increase from 36.880.246 shares to 37.273.746 shares.
For more information on the acquisition we refer to the news release issued to the Norwegian stock exchange on the 25th November 2005.
For further information please contact:
Kenneth Ragnvaldsen, CEO, Data Respons ASA, phone: +47 67 11 20 00 Mob: +47 913 90 918.
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 1st quarter 2007 the company had a total of 259 employees.
More information on Data Respons ASA can be found on our website: www.datarespons.com