SEK 22 million solution contract in Sweden
Data Respons has signed a contract with an international player within the maritime market. The contract has an initial value of SEK 22 millions, and there is great potential for further contracts with this customer in the future.
The contract comprises development and delivery of certified solutions which will be integrated in the customer's product platform. The developmental phase will occur during 2008 with successive deliveries the following years.
- These types of contracts are spot on in terms of our business concept, says CEO Kenneth Ragnvaldsen of Data Respons. Local presence and specialisation is demanded. Data Respons can therefore reuse the group's experience from previous assignments. Additionally, a strong global partner network is critical in keeping the cost effectiveness and pace expected for such product launches.
Data Respons is experiencing strong order intake these days, both in Norway and internationally. The contracts are coming from both existing and new customers from many vertical markets such as offshore/maritime, defence, telecoms, medical equipment and automation.
The Group expects continued high activity in the time ahead.
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.com