Contract worth NOK 25 million
Data Respons has extended a contract with an existing international customer in the oil service industry. The new contract is valued at NOK 25 million and the order volume will be delivered over the next two years.
The oil service industry needs robust and customized solutions. Our customer wants a strategic partner throughout the product life cycle, from early development stages to recurring deliveries, says CEO of Data Respons ASA Kenneth Ragnvaldsen. Such solutions require high quality, local expertise and a global partner network.
Data Respons is well positioned in the oil service industry and has broad customer portfolio of leading companies within the international oil and gas sector. Together with our customers, we are involved in a large number of exciting technology projects and deliveries.
There is no doubt that there is considerable potential in this sector going forward, concludes Ragnvaldsen.
About Data Respons
Data Respons is a leading Embedded Solutions provider for the industrial market in Europe. 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, Germany, Norway, Sweden and Taiwan. At the close of the 3rd quarter 2011 the company had a total of 461 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.