Ubisense wins global auto OEM deal for US plants

RNS Number : 4792Q

Ubisense Group PLC

15 October 2013

 



15 October 2013

Ubisense Smart Factory System selected for global automotive OEM installation across multiple sites in North America

Cambridge, UK - Ubisense Group plc ("Ubisense" or the "Company") (AIM: UBI), a market leader in real time location intelligence solutions, is pleased to announce its selection as preferred supplier to a global automotive OEM for its factories in North America.

Initial orders valued at more than $0.5 million have been placed for implementations in the first two plants while the full project contract is estimated to have a multi-million dollar value over the length of its three year rollout programme.

The scope of supply includes the recently launched Smart Factory System installed across multiple facilities. Applications ranging from tool and assembly line control to process tracking and yard management are to be deployed in a project roll-out across multiple production lines including vehicle assembly as well as engine build.

Richard Green, Ubisense Chief Executive Officer, said: "This is a huge endorsement of the value our Smart Factory System to leading automotive manufacturers and demonstrates the confidence this manufacturer has in achieving significant benefits by rolling it out across their whole business."

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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 Aston Martin, Cablevision, Daimler, Deutsche Telekom. Eurocopter, John Deere, and Mini.

For more information please 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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