Ubisense dual automotive contract win

RNS Number : 4066L

Ubisense Group PLC

04 September 2012

 



4 September 2012

Two major automotive manufacturers adopt Ubisense's location solutions in plants in Germany and North America

Cambridge, UK - Ubisense Group Plc ("Ubisense")(LSE:UBI), a market leader in location based smart technology, is pleased to announce that it has been awarded two contracts for  real-time location projects by two of the world's largest automotive manufacturers.

The first project involves an installation of Ubisense and Atlas Copco's Tools on a large scale assembly line in Germany and represents the third major German automotive manufacturing Group that Ubisense has been contracted to supply with its location solutions.

Ubisense has also been awarded a contract with another major automaker to support the continuous improvement (or kaizen) of their manufacturing processes through the adoption of Ubisense's e-Kaizen solution at a North American plant.

Ubisense's e-Kaizen solution is used to enable the manufacturer to continuously monitor and provide visibility of workers carrying out complex assembly tasks on the assembly line.  By tracking in real-time how workers interact with their torque tools on the cars at individual workstations, actual performance can be compared, model by model, to the planned activity.

Previously this comparison was only possible using video techniques but it can now be completely automated over any particular period of time, allowing data collection to be analysed over a whole range of vehicle models.

Commenting on the North American win, Richard Green, CEO of Ubisense, said: "We are delighted to have been selected to deliver tracking and visibility solutions which can be used to support continuous improvement in manufacturing as aligned with their company philosophy."

"These wins are particularly pleasing as they add two new major global automotive manufacturers to Ubisense's growing list of blue chip customers and reflect the momentum we are seeing across the RTLS business, both standalone and though our collaboration with Atlas Copco."

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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 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.

Contact

Ubisense Group plc Richard Green Gordon Campbell	Tel: + 44 (0) 1223 535170
Canaccord Genuity Limited (NOMAD) Simon Bridges Kit Stephenson	Tel: [phone]
FTI Consulting James Melville-Ross Jon Snowball	Tel: [phone]

 

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