Data Respons Wins Offshore Contract
Data Respons Norway has signed a three-year contract worth NOK 27.3 million. The contract comprises delivery of Embedded Solutions to installations in the offshore market.
The customer is a world-leading supplier within design, production, and sale of equipment used for oil and gas exploration.
"We are very pleased to include another leading company in the offshore market to our list of clients," said Kenneth Ragnvaldsen, CEO of Data Respons ASA. "We see a large market potential for our robust and specially adapted solutions for the offshore and maritime markets, both in Norway and internationally, and the contract confirms that we are successful in our efforts in this area."
Data Respons said that it is well positioned for further growth in the offshore market with customers that cover all areas from oil prospecting and production, measuring systems for oil and gas pipes, communication and advanced control systems for sub-sea technology.
Data Respons` vision is to become leading in Europe within 2010 on Embedded Solutions in the industrial market. Embedded Solutions can be described as being the brains of a machine, system or industrial end product. Data Respons supplies Embedded Solutions to leading OEM companies, system integrators and vertical product suppliers in a range of market segments such as defense, offshore, automation, medical equipment, surveillance, transport, telecommunications and other industries. Data Respons` customers include Ericsson, Nera, ABB, Brüel & Kjær, Tandberg, Anritsu and Saab. 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 Denmark, Finland, Norway, Sweden and Germany. At the close of the 4th quarter 2006 the company had a total of 226 employees.
- Data Respons Enters 3-Year Framework Agreement (Nov 24)
- Data Respons Clinches Offshore Contract (Apr 23)
- Sperre, Data Respons Team Up to Develop Next Gen ROVs (Feb 19)