Data Respons ASA: Contract of NOK 31 million

Data Respons has signed a contract of NOK 31 million with a Danish environmental technology customer.

The contract comprises delivery of R&D services, software and smarter solutions embedded in the customers' products. The deliveries will take place during 2019.

- The increased focus on sustainability promotes technology, products and solutions that directly or indirectly improves the environment. In Data Respons, we have a defined target of complete minimum 30 green technology development projects annually. The common denominator for these projects are increased use of intelligent sensors, more automated solutions and data driven processes (e.g. IoT / Industry 4.0) - the core business and competence of Data Respons.

We believe implementation of new technology and smarter solutions is a prerequisite to enable a more sustainable society. Consequently, Data Respons will play an important role going forwards assisting companies across all industries to leverage technology opportunities so that we jointly can create a better future, 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 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. 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