Hyundai-Kia to adopt Ubisense location solution

RNS Number : 1623H

Ubisense Group PLC

09 July 2012

 



9 July, 2012

Hyundai-Kia the latest major auto group to adopt Ubisense location solution

Cambridge, UK - Ubisense Group Plc ("Ubisense" or the "Company") (LSE:UBI), a market leader in location based smart technology, is pleased to announce a new installation that expands the company's footprint in Asia.

Ubisense have now added Hyundai Kia to the long list of manufacturers that have taken on the unique RTLS solution. Hyundai Kia has deployed the solution on their assembly line manufacturing plant in South Korea.

Already deployed under global license agreements by BMW and installed in their plants across Europe, Asia and North America, the product is increasingly becoming the de facto location based automation solution as more automotive manufacturers adopt the company's technology across the globe.

Richard Green, Ubisense Chief Executive Officer, said: "The addition of Hyundai Kia significantly strengthens our position in Asia and highlights the increasing traction our RTLS product is gaining in the automotive market."

"Forward thinking companies in the region are now embracing the tool location solution already deployed by major automotive brands across Europe, particularly as there is a general flight to quality in the region."

Other major automotive groups have already enjoyed significant benefit from adopting the tool location solution introduced over the past two years through Ubisense's strategic partnership with industrial tool maker Atlas Copco.

Existing deployments of the market leading tool location solution across major automotive groups, where hundreds of DC tools are performing 100,000s of tightening operations each day, provide significant ROI in typically less than 12 months to companies.

ENDS

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 in industries while also improving quality and reliability.

Ubisense uses a unique combination of advanced industry knowledge and an experienced team to deliver effective and superior solutions that offer unprecedented visibility, control and accuracy, delivering time and cost savings. Ubisense solutions are easy to implement and flexible to a particular businesses needs, no matter which area of the globe they operate in. 

Ubisense offers two location-oriented products; RTLS (Real-time Location Solutions) and Geospatial Systems and operates in a number of industries ranging from manufacturing and utilities to transportation and is used by a number of blue chip customers across the world, such as BMW, Airbus, Aston Martin, Caterpillar and Deutsche Telekom.

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

Contact Ubisense Group Richard Green  Gordon Campbell	Tel:  [phone]
Canaccord Genuity Limited (NOMAD)	Tel: [phone]
Simon Bridges
Kit Stephenson
FTI Consulting	Tel: [phone]
James Melville-Ross
Jon Snowball

 

END

 

 

NRAQQLFBLDFLBBX