Record start of the year

Data Respons achieved a record start to the year. Operating revenues for the 1st quarter showed a 76 percent growth compared to the previous year, whereof 30 percent is organic. At the same time EBITDA is up by 148 percent.
 
- The progress confirms how well we are positioned in the market. We have a sought after concept that combines local competence and services with international products and solutions. In addition, our employees are doing a fantastic job, says Kenneth Ragnvaldsen, CEO of Data Respons ASA.
 
Considerable growth outside of Norway
Most of the top line growth in the first quarter comes from outside of Norway.
- So now, it is not just the Norwegian operations that are pulling the load. Revenue growth has also provided improved profitability in both Sweden and Denmark, says Ragnvaldsen.  
 
Continued strong order intake
The order intake for the quarter was NOK 187 million - an increase of 56 percent
when compared to the same period last year providing a growth of 51 % of the groups order reserves to NOK 321 million, and the ninth consecutive quarter with growth in order reserves.
 
New chief executive in Sweden
- Data Respons has employed Anders Due-Boje as the new managing director for Data Respons Sweden starting May 7th, says Ragnvaldsen. Due-Boje has had several central executive positions in international companies and is the right man to develop Data Respons in an exciting and comprehensive growth period in Sweden.
 
 
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