Contract in Sweden of NOK 15 million

Data Respons has signed a contract of NOK 15 million with a customer in Sweden within industry automation.

The contracts comprise of solutions embedded into the customers’ products and systems offered in several vertical markets. The deliveries will be carried out in 2016.

-Sweden is our largest region with over 55% of the turnover in the first half of the year. We see a clearly positive trend in the market and in addition, we increase our market share, resulting in a 30% growth in the first half of the year in Sweden.

The trend with increased automation (Industry 4.0), digitising and everything connected (IoT) fit well with our R&D services and solutions. We can develop everything from sensor level to the mobile app, making us a good partner for our customers with their digital transition. We expect the high growth in Sweden to continue, 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.

More investor news