New ?2m order from leading EU telecoms operator

RNS Number : 6299L

Ubisense Group PLC

14 August 2013

 



14 August, 2013

Ubisense wins new €2m order from leading European telecoms operator

Cambridge, UK - Ubisense Group plc ("Ubisense" or the "Company") (AIM:UBI), a market leader in location-based smart technology, today announces that a large European telecoms network operator (the "Network Operator") has placed a €2m order for an innovative network design solution that enables them to deliver high-speed broadband to their end customers significantly faster and cheaper than existing methods.

Despite a challenging global economy, many telecom network operators are rolling out new consumer and business focused fibre networks to provide higher bandwidth and innovative services. Operators face a difficult challenge, as they try to optimise infrastructure costs and rollout the networks as quickly as possible whilst ensuring that they take advantage of the rapid changes in network technology.

Ubisense netPlanning and myWorld products have been selected as part of the Network Operator's fibre roll-out plan.

On a large scale telecoms network project, netPlanning has been shown to reduce the design costs for fibre rollout significantly, and the design productivity improvements allow networks to be deployed more rapidly than using traditional techniques.

Richard Green, Ubisense Chief Executive Officer, said: "This order is a solid endorsement that network operators can see the value that our products add to their fibre network design projects. We will continue to deliver world-class solutions that help our customers reduce their costs and help get them to market faster."

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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 AGCO, Airbus, Aston Martin, BMW, Cablevision, Daimler, Deutsche Telekom, Duke Energy, John Deere, MINI and VW.

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

Contact

Ubisense Richard Green	Tel:  [phone]
Gordon Campbell Canaccord Genuity Limited (NOMAD)	Tel: [phone]
Simon Bridges
Lucy Tilley
FTI Consulting	Tel: [phone]
Jon Snowball Tracey Bowditch

 

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