Norway: Data Respons Lands USD 5.5 Mln Deal to Provide Embedded Solutions for Offshore Equipment

Data Respons has entered into a 3 year framework agreement with a value of NOK 30 million. The contract covers delivery of embedded solutions for advanced equipment for the offshore market.

The customer is a world leader in the design, manufacturing and sales of equipment used in the offshore/maritime market.

– We are very pleased to work closely with the leading companies in the offshore market in Norway and worldwide, says CEO Kenneth Ragnvaldsen. We see a large market potential for our robust and customized solutions for offshore and maritime use. To be competitive in this market, it requires local expertise, innovative use of technology and a global value chain. The contract confirms the solid activity in the offshore segment and Data Respons expects growth in Norway and internationally in these markets in the coming years.

Data Respons is well positioned for further growth in the offshore segment, covering everything from oil exploration, oil production, measuring systems for oil and gas pipelines, communications systems, steering and control systems for ships and advanced subsea technology.

About Data Respons

Data Respons is a full-service, independent technology company and a leading player in the embedded solutions market. We provide products, services and embedded solutions to OEM companies, system integrators and vertical product suppliers in a range of market segments such as defence, medical equipment, industrial automation, offshore, transportation, energy and telecommunications. Embedded solutions can be described as the computer brain of a machine, system or industrial end product, and can be used in a broad range of industrial applications.

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Source:Data Respons , May 6, 2011;