Solutions contract signed in Denmark

Data Respons has signed a solutions contract with a leading customer in the recycling industry in Denmark. It is referred to the stock exchange notice dated October 22nd, 2010 regarding final negotiations for this contract. The contract is valued at NOK 20 million and delivery will take place in 2011.

 

- Our presence in Asia enables us to offer a cost-effective and competitive solution by manufacturing everything in Asia, while at the same time offering the customer local access to a team of embedded solutions experts. This has been crucial for why the customer chose Data Respons, says Kenneth Ragnvaldsen, CEO of Data Respons ASA.

 

The contract includes development and delivery of a solution that will be part of the customer's product for recycling.

 

ABOUT DATA RESPONS
Data Respons' vision is to become a leading actor in Europe within 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 3rd quarter 2010 the company had a total of 449 employees. More information on Data Respons ASA can be found on our website: 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. 

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