Data Respons ASA: Contract in Germany of NOK 30 million
June 19 2018 - 6:16AM
Data Respons has signed a contract
with a high-tech supplier to the automotive market.
The contract comprises R&D services and smarter solutions
embedded in the customer's total system. The deliveries will be
carried out during 2018 and 2019.
- Germany is the main growth engine in Europe with a strong
position in most large industries. A major driver is the automotive
industry - one of the industries currently investing the most in
product development globally. This is fuelled by the ongoing
transformation and digitalisation of all car platforms to a modern,
always connected and scalable system architecture (HW and SW). This
again will enable seamless remote updates of software and
functionality throughout the life of the car, autonomous driving
and new data driven services and business models (e.g. «car as a
service»).
Data Respons delivers advanced
R&D projects within all these areas today, both to key
suppliers and to several of the major automotive brands. As an
example, we have delivered customized software running in millions
of cars and trucks. We expect continued positive development for
Data Respons in this growing industry segment for many years to
come, says Kenneth Ragnvaldsen, CEO of Data Respons ASA.
For further information:
Kenneth Ragnvaldsen, CEO,
Data Respons ASA, tel. +47 913 90 918.
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, Defense & 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.
This
announcement is distributed by Nasdaq Corporate Solutions on behalf
of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely
responsible for the content, accuracy and originality of the
information contained therein.
Source: Data Respons ASA via Globenewswire
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