SEK22 Million Swedish Solution Contract
08 August 2008
Data Respons has signed a contract with an international player within the maritime market for an initial value of SEK22 million, with great potential for further contracts with this customer in the future.
The contract comprises development and delivery of certified solutions which will be integrated in the customer's product platform. The developmental phase will occur during 2008 with successive deliveries the following years.
"These types of contracts are spot on in terms of our business concept," says Data Respons' CEO, Kenneth Ragnvaldsen. "Local presence and specialisation is demanded. Data Respons can therefore reuse the group's experience from previous assignments. Additionally, a strong global partner network is critical in keeping the cost effectiveness and pace expected for such product launches."
Data Respons is experiencing strong order intake these days, both in Norway and internationally. The contracts are coming from both existing and new customers from many vertical markets such as offshore / maritime, defence, telecoms, medical equipment and automation. The group expects continued high activity in the time ahead.
