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Ubisense Wins greater than EUR 1m Contract for Smart Factory System With Large European Automotive Manufacturer

Jul 17 2013 12:00AM

Marketwire

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CAMBRIDGE, UNITED KINGDOM -- (Marketwired) -- 07/17/13 -- Ubisense Group plc ("Ubisense" or the "Company") (LSE: UBI), a market leader in location-based smart technology, is pleased to announce that another large European automotive manufacturer has selected the Ubisense Smart Factory System to be deployed across its assembly lines.

Following a successful pilot installation at the plant, which demonstrated significant business benefit, particularly when integrated with the company's existing MES, the manufacturer has now chosen to roll out the Ubisense Smart Factory System across one of its assembly plants.

The Smart Factory System allows manufacturers to track everything inside their facility, from the moment that goods come into the site, to the time they leave as complete vehicles. The system adds significant value by eliminating non-value added processes, such as scanning or searching, and by error proofing work processes therefore increasing quality and productivity.

Richard Green, Ubisense Chief Executive Officer, said "I am delighted that another automotive manufacturer had identified a significant ROI and is going into full production with the Smart Factory System. With this significant new win, we now represent four of Europe's six largest automotive manufacturers, a strong endorsement of our product suite."

About Ubisense

Ubisense is a market leader of location-based smart technology which enables companies to optimise their business processes. By keeping track of key assets, Ubisense solutions bring clarity to complex operations whilst also improving quality and reliability. Ubisense Real-Time Location Intelligence Solutions are used by a number of blue chip customers across the world, such as Aston Martin, BMW, Cablevision, Daimler, Deutsche Telekom, Duke Energy, Eurocopter, John Deere and MINI.

Ubisense is headquartered in Cambridge, UK, with offices in the USA; Canada; France; Germany; Singapore. For more information visit: www.ubisense.net.



Contacts:
Ubisense Group
Richard Green
+44 (0) 1223 535 170

Ubisense Group
Gordon Campbell
+44 (0) 1223 535 170
www.ubisense.net

Canaccord Genuity Limited (NOMAD)
Simon Bridges
+44 (0) 207 523 8000

Canaccord Genuity Limited (NOMAD)
Lucy Tilley
+44 (0) 207 523 8000

FTI Consulting
Jon Snowball
+44 (0) 20 7831 3113

FTI Consulting
Tracey Bowditch
+44 (0) 20 7831 3113





Source: Marketwire


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