Contract in Germany of NOK 13 million

Data Respons has received a contract of NOK 13 million with a German customer in the industrial automation (Smart Factory) segment.

The contract comprises R&D services and high-end computer solutions embedded in the customer’s advanced sensor systems for measurements, testing, and automation. Deliveries will take place in first part of 2019 with further opportunities going forward.

- The ongoing trends with increased automation, industrial digitalisation (Industry 4.0), internet of things (IoT) provide great growth opportunities for our company. Germany is the largest market for Data Respons’ R&D services and solutions in Europe. We have been present in this market since 2005 and now have a solid platform of seven locations. Revenues in Germany count for about 30% of total group revenues and we expect continued growth going forwards, says Kenneth Ragnvaldsen, CEO of Data Respons ASA.  

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

Rune Wahl, CFO, Data Respons ASA, tel. + 47 950 36 046

About Data Respons
Data Respons is a full-service, independent technology company and a leading player in the IoT, Industrial digitalisation and the embedded solutions market. We provide R&D services and smarter solutions to OEM companies, system integrators and vertical product suppliers in a range of market segments such as Transport & Automotive, Industrial Automation, Telecom & Media, Space, Defence & Security, Medtech, Energy & Maritime, and Finance & Public Sector.

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.