Data Respons ASA: Contract in Sweden of SEK 23 million

Data Respons has signed a contract of SEK 23 million with a Swedish technology company.

- We experience a higher R&D activity among our customers and a more data driven focus among the companies. This also increases the technological complexity; more and more sensors and units are connected, enormous amounts of data collected and analysed, the systems often integrated both in the edge and in a cloud-based platform - all taking security aspects into consideration.

Our key competences and relevant experience from many industries makes us a valued partner in the digital transformation of our customers, says Kenneth Ragnvaldsen, CEO of Data Respons ASA.

The contracts comprise R&D Services and Smarter Solutions embedded in the customers' industrial products. The deliveries will be carried out in 2018 and 2019.

For further information:

Kenneth Ragnvaldsen, CEO, Data Respons ASA, tel. [phone].

About Data Respons

Data Respons is a full-service, independent technology company and a leading player in the IoT 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, Defence, 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 to the disclosure requirements pursuant to section 5 -12 of the Norwegian Securities Trading Act.

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Source: Data Respons ASA via Globenewswire