Data Respons ASA: contract in Norway of NOK 16 million

 Data Respons has signed a contract of NOK 16 million with a customer within industrial automation.

The contracts comprise smarter solutions embedded in the customers' industrial products offered in several vertical markets. The deliveries will be carried out during 2017 and 2018.

We experience a higher R&D activity among our customers, based on an increased focus on growth and digitalisation going forward, says Kenneth Ragnvaldsen, CEO of Data Respons ASA.

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