IoT contracts of NOK 20 million

Data Respons has signed contracts with German customers within the Automation and IoT market. The contracts confirm the company's positive trend in Germany with strong growth and high order intake.

The contracts comprise advanced computer solutions and IoT devices embedded in the customers’ industrial products.

– Germany is the largest market in Europe for Data Respons’ service and product portfolio.  Major trends with increased automation, more connectivity and IoT reinforce this image. It takes time to establish a business in large markets, but now we are rapidly gaining momentum. Our business model with local expertise and a well-established partner network in Asia provides competitive power also in Germany. We expect high growth in Germany going forward, says Kenneth Ragnvaldsen, CEO of Data Respons ASA.

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 offices in Norway, Sweden, Denmark, Germany and Taiwan.

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