Contract of NOK 9 million in Oil Service

Data Respons has extended a contract with an existing customer in the oil service industry. The additional amount is NOK 9 million and the order volume will be delivered throughout this and next year.

The contract confirms the strong activity in the oil service and offshore segments and Data Respons expects growth both in Norway and abroad in this segment 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, says CEO Kenneth Ragnvaldsen.

Oil services/maritime is the largest market segment in Data Respons and accounts for almost 30 % of the company's revenue. 

 

For further information:
Kenneth Ragnvaldsen, CEO, Data Respons ASA, tel. +47 913 90 918.

About Data Respons
Data Respons is a full-service, independent technology company and a leading player in the embedded solutions market. We provide products, services and embedded computer solutions to OEM companies, system integrators and vertical product suppliers in a range of market segments such as defence, medical equipment, industrial automation, oil services and offshore, transportation, energy and telecommunications. Embedded solutions can be described as the computer brain of a machine, system or industrial end product, and can be used in a broad range of industrial applications.

Data Respons ASA is listed on the Oslo Stock Exchange (Ticker: DAT), and is part of the information technology index. The company has 431 employees and offices in Norway, Sweden, Denmark, Germany and Taiwan. www.datarespons.com


This information is subject of the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.