Solutions contract worth NOK 9 million
Data Respons has been awarded a contract worth NOK 9 million from a world-leading company within the oil service industry. The agreement covers the delivery of advanced computer solutions for use in rough environmental conditions. Deliveries will be carried out during 2012.
The contract confirms the strong activity in the oil service and offshore segments and Data Respons expects growth both in Norway and internationally in these markets in future years.
- We see a huge market potential for our robust and customized embedded solutions for offshore and maritime use, and we are very pleased to work closely with the leading companies in the oil service market in Norway and worldwide, says CEO Kenneth Ragnvaldsen.
To be competitive in this market requires local expertise, innovative use of technology and a global value chain. Data Respons is well-positioned in the offshore segment and has customers within oil exploration, oil production, measurement systems for oil and gas pipelines, communication systems, steering and control systems for ships and advanced subsea technology.
About Data Respons
Data Respons is a leading Embedded Solutions provider for the industrial marketin 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 partof the information technology index. The company has offices in Denmark, Germany, Norway, Sweden and Taiwan. At the close of the 3(rd) 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.
This information is subject of the disclosure requirements pursuant to section
5-12 of the Norwegian Securities Trading Act.