Ubisense signs strategic partnership in Asia

RNS Number : 8964T

Ubisense Group PLC

26 November 2013

 



26 November, 2013

Ubisense strengthens position in Asia through strategic partnership with Automotive Logistics Company and product acceptance for Japanese market

Cambridge, UK - Ubisense Group plc ("Ubisense" or the "Company") (AIM: UBI), a market leader in real time location intelligence solutions, is pleased to announce that it has entered into an exclusive strategic partnership with one of the world's leading automotive logistics companies in Asia.

Following an engagement and trials over the last 12 months, both companies have agreed to work together to deploy an integrated automotive logistics solution to new and existing customers, built on the Ubisense Real-time Intelligence Platform. The solution will be deployed on sites at large scale Asian ports and leading automotive OEMs.

The integrated logistics application is an extension of the Ubisense Smart Factory suite of applications, which improves processes in all the activities of automotive manufacturers including final assembly online and offline, in-bound and production logistics.  The revenue impact is not expected until 2014.

In a further boost to Ubisense's presence in Asia, the company is pleased to note forthcoming changes to Japanese radio regulations which will allow use of its products in the Japanese market from 2014.  The changes follow significant investment in product development and engagement with the Japanese regulatory body (MIC).

Richard Green, Ubisense Chief Executive Officer, commented: "With such a high proportion of vehicles manufactured in Asia, this partnership with the leading automotive logistics provider in the region will enable us to extend our reach, while increasing the value our customers derive from our end to end solutions. As we look to expand our presence within the highly important Asian market, we are excited about the strategic opportunities this partnership will afford coupled with regulatory changes enabling use of our products in the Japanese market."

Ends

About Ubisense

Ubisense is a market leader in real time location intelligence solutions which enable 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 and Singapore. For more information visit: www.ubisense.net.

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

 

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