Solutions contract in Denmark worth DKK 10.5 million
Data Respons has signed a solutions contract with a leading Danish company in the transportation segment. The contract is worth DKK 10.5 million and has a considerable future potential.
During this year Data Respons will deliver certified embedded solutions built on wireless technology to a customer in the transportation segment.
- This is a solutions contract that requires us to follow the project from initial development stages to volume deliveries through the whole life cycle of the product. Such deliveries place great demand on quality and local access to competency. At the same time we ensure a competitive cost structure by performing the development phase in Denmark, while having the production placed with or partners in Asia, says Kenneth Ragnvaldsen, CEO of Data Respons ASA.
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 2010 the company had a total of 459 employees.
More information on Data Respons ASA can be found on our website: http://www.datarespons.com
For further information please contact:
Kenneth Ragnvaldsen, CEO, Data Respons ASA, phone: +47 67 11 20 00 Mob: +47 913 90 918.