Data Respons wins solutions contract worth NOK 7 million

Data Respons has signed a contract worth NOK 7 million with FMC Kongsberg Metering AS for deliveries of advanced embedded solutions over the next two years.

Data Respons will deliver advanced embedded solutions that will be part of FMC Kongsberg Metering's products within the oil and gas sector across the world. The solutions are characterised by very high demands on precision and safety.

 

- We compete in a global market that places high demands on us and our partners. In short, we must continuously improve our competitiveness, and we are pleased that Data Respons fulfils its part, says Øyvind Frydenberg, Managing Director of FMC Kongsberg Metering AS. The solution is technically very good and the unit price is competitive. In addition, the local presence is important as we are working with highly advanced solutions.

 

- Our collaboration is characterised by two parties focusing on what they do best, and this is a key factor in the success of this relationship, says Kenneth Ragnvaldsen, CEO of Data Respons. The collaboration goes back a long time and Data Respons has participated in the development of several generations of products for FMC Kongsberg Metering.

 

FMC Kongsberg Metering is a part of FMC Technologies Measurement Solutions, which delivers a complete set of solutions for fiscal measurement of fluids and gas. The company is world leading within flow measurement and control, and provides a broad selection of solutions supplemented by global technology development, project management, and after-sales services for all segments of the oil and gas industry.

 

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 in Embedded Solutions for the industrial market. Embedded Solutions can be described as 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 2nd quarter 2010 the company had a total of 447 employees.

More information on Data Respons ASA can be found on our website: http://www.datarespons.com

 
This information is subject of the disclosure requirements acc. to §5-12 vphl (Norwegian Securities Trading Act)