Data Respons ASA: Contract in Sweden of SEK 17 million
July 10 2018 - 6:07AM
Data Respons has signed a
contract of SEK 17 million with a large Swedish industrial
company.
The contracts comprise R&D Services,
Software development and Smarter Solutions embedded in the
customers' industrial products. The deliveries will be carried out
in 2018 and 2019.
- We notice that there is an increasing product development
activity among our customers and that companies get more
technology-driven in their strategy. Future products are becoming
more intelligent and software-oriented, while ensuring that all
devices are securely connected 24/7 at the same time.
The companies' development budgets increase
because of the need to maintain and improve existing products in
the portfolio, as well as making major investments in more modern
and future-oriented technology platforms to keep up in the
digitalization race. This creates a strong demand for data
engineers and specialist companies that can assist the businesses
with this transformation. The special thing happening right now is
that it applies to almost all businesses and industries, "said
Kenneth Ragnvaldsen, CEO of Data Respons.
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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