Data Respons ASA: Contract in Germany of NOK 25 million

Data Respons has signed contracts with a German customer within the Banking industry.

The contracts comprise smarter solutions and R&D Services to improve product offerings and efficiency in this changing industry. It includes application and SW framework modernization, provision of B2C processes into multiple channels, security aspects and integration of core software into a private cloud infrastructure.

- Midsize and larger banks are making massive investments to transform their businesses into digital service providers. Our key competences and relevant experience from other industries makes us an interesting partner in this market, says Kenneth Ragnvaldsen, CEO of Data Respons ASA.

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 embedded 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.