Breakthrough in the maritime market
Data Respons Norway is collaborating in developing and delivering embedded solutions with a leading international player in the maritime market. The deliveries have a preliminary framework of NOK 56 million.
The assignment comprises development and delivery of a solution which will be incorporated into the customer's new product platform. The development will take place in 2008 with subsequent deliveries in the following years.
- This undertaking is a milestone for Data Respons in the maritime market. We are very pleased that the customer has chosen to extend the cooperation with Data Respons, says CEO Kenneth Ragnvaldsen of Data Respons ASA.
Data Respons was chosen because the solution can be used as a common platform in several of the customers' end products. In addition Data Respons has shown an ability for consistent delivery over time.
Data Respons is experiencing great demand for services within the maritime market from both existing and new customers. The company expects continued high activity in the time ahead within this segment.
The final contract is expected to be signed in the second quarter of 2008.
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 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 2008 the company had a total of 423 employees.
More information on Data Respons ASA can be found on our website: http://www.datarespons.no