Data Respons ASA: Contract in Sweden of SEK 13 million

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Data Respons has signed contract of SEK 13 million with a customer within industrial automation.

The contract comprises smarter solutions embedded in the customers' industrial products offered in several vertical markets. The deliveries will be carried out during 2017.

- Sweden is the company's largest geographical segment with more than 50 % of the total turnover. The contract confirms the high activity level in the Swedish market and we expect the growth in Sweden to continue, says Kenneth Ragnvaldsen, CEO of Data Respons ASA. 

Major trends with increased automation, industrial digitalisation (Industry 4.0) and IoT (Internet of Things) offer a strong potential for growth for Data Respons.

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

Data Respons GmbH

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



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