Data Respons ASA: Contract in Germany of NOK 11 million

Data Respons has signed a contract with a new customer in the automotive market.

The contract include R&D IT Services and system integration assisting all phases of the full software development cycle.  The contract period is initially 3-years with an option to extend the contract. 

- Data Respons continues to grow at a high pace in Germany and the region now counts for more than 25 % of the total revenues. Our specialist competence and experience in the field of complex and agile software development covering the whole R&D cycle are very relevant for the ongoing digitalisation of the automotive industry. We have been operating in Germany since 2005 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. [phone].
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 embedded 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. www.datarespons.com

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

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Source: Data Respons ASA via Globenewswire