Ubisense wins Contract Extensions

RNS Number : 6387J

Ubisense Group PLC

16 June 2014

 



16 June 2014

Ubisense wins contract extensions totalling over €1.7 million from large European Communications Company

Cambridge, UK - Ubisense Group plc ("Ubisense" or the "Company") (AIM:UBI), a market leader in real-time location intelligence ("RTLI") solutions, announces that it has received orders from a large European telecommunications company in excess of €1.7m. The orders are for software products and related services to facilitate the fibre planning and maintenance of the customer's extensive network.

Richard Green, Ubisense Chief Executive Officer, said:

"This blue chip operator has selected our real time location intelligence software in order to significantly enhance the productivity of their fibre planning operation as they extend the broadband capacity of their network. The contract extensions exemplify the value of the Group's now converged product suite and the increasing momentum in our transition towards a Solutions based business model with greater scalability."

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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 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, Hyundai, MINI and VW.

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

Contact

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

 

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