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Ubisense Group PLC

20 March 2012

2(nd) Largest European Automotive Group Selects Atlas Copco and Ubisense Manufacturing Solutions for deployment of real time location solution at production sites

Mar 20, 2012, Cambridge, UK - Atlas Copco, the world's leading industrial tool manufacturer, and Ubisense, the world's leading provider of location solutions, today announces that a second European Automotive Group has entered into an agreement to deploy its Manufacturing Solutions Suite which incorporates Tool Location and Assembly Control Solution across its production sites. The solutions have already been deployed at three of the companies sites, in a deal worth approx 1million Eur.

Tool Location and Assembly Control System is part of the Ubisense Manufacturing Solutions, it uses a combination of enterprise distributed software and precision tracking technologies to visualise and control Atlas Copco dc tools and assembly lines in complex production environments. The location solution is already in use in major automotive plants in Europe, North America and Asia and is used in the standard Tool Location System distributed by Atlas Copco through its worldwide offices.

Fully scalable, it can be used at single sites or by global companies that want a complete visibility and control of operations that encompass multiple manufacturing locations and span different countries.

Richard Green, CEO of Ubisense, said: "We are very pleased to have been selected by a major European automotive group, together with our strategic partner Atlas Copco: our systems are now being deployed by a growing number of global automotive companies to drive enormous productivity benefits in their business. The ROI is clearly understood by the industry and this is further endorsement of our solution by such a leading group."

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About Atlas Copco Tools

Atlas Copco MVI Tools and Assembly Systemsis a division within Atlas Copco's Industrial Technique business area. It markets hand-held electric and pneumatic tools, assembly systems, software and services to the automotive industry worldwide. It also offers global project management for multinational customers. The division is headquartered in Stockholm, Sweden. For more information visit: www.atlascopco.com/tools

About Ubisense

Ubisense, the market leader of location solutions, delivers mission-critical enterprise asset tracking and geospatial systems. The company's location technology provides more than 500 customers worldwide with unprecedented visibility of, and control over, previously intractable business processes. Ubisense is headquartered in Cambridge, UK, with offices in the USA; Canada; France; Germany; Singapore; and Korea. For more information visit: www.ubisense.net

Contact

 
Ubisense Group Plc                 Tel: +44 (0) 1223 
                                    535 170 
Richard Green 
Gordon Campbell 
 
Canaccord Genuity Limited (NOMAD)  Tel: +44 (0) 20 7050 
                                    6500 
Simon Bridges 
Kit Stephenson 
 
FTI Consulting                     Tel: +44 (0) 20 7831 
                                    3113 
James Melville-Ross 
Jon Snowball 
 

This information is provided by RNS

The company news service from the London Stock Exchange

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