Data Respons ASA : Oil service contract worth NOK 18 million

Karlsruhe, (PresseBox) - Data Respons has been awarded a contract worth NOK 18 million from a world-leading company within the oil service industry. The agreement covers the delivery of advanced computer solutions for use in rough environmental conditions subsea. Deliveries will be carried out during the next two years.

The contract confirms the strong activity in the oil service and offshore segments and Data Respons expects good growth both in Norway and internationally in these markets in future years.

We see a huge market potential for our robust and customized embedded solutions for offshore and maritime use, and we are very pleased to work closely with the leading companies in the oil service market in Norway and worldwide, says CEO Kenneth Ragnvaldsen.

To be competitive in this market requires local expertise, innovative use of technology and a global value chain. Data Respons is well-positioned in the offshore segment and has customers within oil exploration, oil production, measurement systems for oil and gas pipelines, communication systems, steering and control systems for ships and advanced subsea technology.


This information is subject of 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 embedded solutions market. We provide products, services and embedded computer solutions to OEM companies, system integrators and vertical product suppliers in a range of market segments such as defence, medical equipment, industrial automation, oil services and offshore, transportation, energy and telecommunications. Embedded solutions can be described as the computer brain of a machine, system or industrial end product, and can be used in a broad range of industrial applications.

Data Respons ASA is listed on the Oslo Stock Exchange (Ticker: DAT), and is part of the information technology index. The company has 446 employees and offices in Norway, Sweden, Denmark, Germany, Taiwan and China. www.datarespons.com


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