Solutions contract worth NOK 12 million
Data Respons has signed a contract worth NOK 12 million with a Danish energy company. The company has specialised in environmental friendly solutions for reducing energy consumption.
The contract includes development with subsequent serial delivery of advanced embedded solutions that will be part of the customer's end product. The initial order is worth NOK 12 million and will be delivered within the next quarters. It has been negotiated an option for further deliveries in 2008, and Data Respons sees a considerable potential in the customer in the years to come.
- The contract confirms our position as a preferred professional partner within embedded solutions in Denmark. To win these contracts, one has to be able to deliver the whole value chain in development of embedded solutions: local access to the leading technology environment in Denmark, a quality oriented supply chain, and a global partner network, says Kenneth Ragnvaldsen, CEO of Data Respons ASA.
Data Respons is experiencing strong demand from both existing and new customers and is well positioned for further growth in industrial segments such as offshore/maritime, telecom, transportation, automation, medical equipment and defence.
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, 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 4th quarter 2007 the company had a total of 376 employees.
More information on Data Respons ASA can be found on our website: http://www.datarespons.no