Data Respons: LoI with medical supplier
Data Respons has signed a letter of intent with an international supplier in the medical segment. The preliminary frame is around €8.7 million (NOK 70 million).
The scope includes development and delivery of a solution that will embedded in the customer's product for the worldwide medical market. The development phase will take place in 2010 with delivery of a prototype followed by serial deliveries over 3 years from 2011.
"It is very nice to welcome a new customer with such an exciting assignment. Our presence in Asia helps us offer a cost effective and competitive solution by manufacturing everything in Asia, while at the same time giving the customer local access to a team with both HW and SW experts", says Kenneth Ragnvaldsen, CEO of Data Respons ASA.
The final contract is expected to be signed by the end of March 2010.
"It is very nice to welcome a new customer with such an exciting assignment. Our presence in Asia helps us offer a cost effective and competitive solution by manufacturing everything in Asia, while at the same time giving the customer local access to a team with both HW and SW experts", says Kenneth Ragnvaldsen, CEO of Data Respons ASA.
The final contract is expected to be signed by the end of March 2010.
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