Ubisense Group PLC Ubisense signs strategic partnership in Asia (8964T)
November 26 2013 - 2:00AM
UK Regulatory
TIDMUBI
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 Tel: +44 (0) 1223
535170
Ubisense Group
Richard Green
Gordon Campbell
Canaccord Genuity Limited (NOMAD) Tel: +44 (0) 20
7523 8000
Simon Bridges
Lucy Tilley
FTI Consulting Tel: +44 (0) 20
7831 3113
Jon Snowball
Tracey Bowditch
This information is provided by RNS
The company news service from the London Stock Exchange
END
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