Ubisense wins EUR4.5m order extension

RNS Number : 0386W

Ubisense Group PLC

20 December 2013

 



20 December, 2013

Ubisense wins additional €4.5m order from leading European telecoms operator

Cambridge, UK - Ubisense Group plc ("Ubisense" or the "Company") (AIM:UBI), a market leader in real time location intelligence ("RTLI") solutions, is pleased to announce that it has received an additional order from a large telecoms network operator based in Europe, valued at €4.5m.

The order extension takes the client's total cumulative orders received this year to €6.5m for Ubisense's innovative network design solution and an ongoing maintenance and support program over a five year term.

The solution delivered enables the operator to design and plan networks that ultimately deliver high-speed broadband to their end customers significantly faster and more cost effectively than using traditional manual methods.

Commenting on the order, Richard Green Ubisense Chief Executive Officer, said: "Ubisense's real-time location solutions deliver value to operators which allows them to offer a competitive advantage to their customers. The telecommunications space is highly competitive and the five year term of this order is a significant endorsement of our ability to support our clients over the long term."

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

 

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