Data Respons ASA: Contract in Sweden of SEK 22 million

Data Respons has signed a contract of SEK 22 million with a customer within industrial automation.

The contract includes R&D services and smarter solutions embedded in the customer's industrial products offered in several vertical markets.

The across industry trend of smarter, more connected and automated solutions (like Internet of Things) requires a development team with multi-discipline competences covering the entire value chain. Our skilled engineers has extensive experience in developing products from the sensor level to the final app, making us a good partner for these challenges, says Kenneth Ragnvaldsen, CEO of Data Respons ASA.

- I am pleased to see that customers continue to trust Data Respons' specialist competence and select us as their long-term R&D development partner for their advanced solutions, concludes Ragnvaldsen.

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 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, Defense & 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