Data Respons ASA: Contract in Germany of NOK 20 million
January 19 2018 - 2:57AM
Data Respons has
signed a contract with a high-tech supplier to the automotive
market.
The contract comprises
R&D Services and smarter solutions embedded in the customer's
total system. The deliveries will be carried out in 2018.
- Data Respons continues to grow at a high pace in Germany and this
market now counts for more than 25 % of the total revenues. Major
trends with increased automation, digitalisation and IoT provide
strong opportunities for continued growth for Data Respons. We have
been operating in Germany for over 10 years and we expect strong
growth in this market going forward, 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 digitalization and the
embedded solutions market. We provide R&D services and
embedded solutions to OEM companies, system integrators and
vertical product suppliers in a range of market segments such
as Medical, Industry Automation, Smart grid/Smart home,
Bank and Insurance, Automotive, Defense, Maritime, Energy and
Telecommunications.
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. www.datarespons.com
This information is subject of the
disclosure requirements pursuant to section 5-12 of the
Norwegian Securities Trading
This
announcement is distributed by Nasdaq Corporate Solutions on behalf
of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely
responsible for the content, accuracy and originality of the
information contained therein.
Source: Data Respons ASA via Globenewswire
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