Data Respons ASA: Contracts in Sweden of SEK 22 mi

Data Respons has signed contracts of SEK 22 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.

- 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 high growth in Sweden to continue, says Kenneth Ragnvaldsen, CEO of Data Respons ASA.

The trend with increased automation, digitising and everything connected (IoT) fit well with Data Respons R&D services and solutions. We can develop everything from sensor level to the mobile app, making us a good partner for our customers with their digital transition, says Kenneth Ragnvaldsen, CEO of Data Respons ASA.


For further information:
Kenneth Ragnvaldsen, CEO, Data Respons ASA, tel. +47 913 90 918.

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.