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Ubisense Group PLC

07 March 2013

7 March, 2013

Leading European telecoms network operator extends Ubisense contract with significant new EUR1m order

Cambridge, UK - Ubisense Group Plc ("Ubisense" or the "Company") (LSE:UBI), a market leader in location based smart technology, is pleased to announce the extension of a significant Geospatial contract with a large European telecommunications network operator.

The 12 month contract renewal is valued at approximately EUR1m, higher than the previous contract and involves Ubisense continuing to provide planning extensions solutions for the operator's fibre to the home (FTTH) network across Europe.

Ubisense's telecoms solutions, when delivered with the expertise of the Ubisense team, greatly reduce the time and effort associated with traditional fibre planning approaches, helping to speed up network deployment and optimising capital investment. This is particularly important in the current telecommunications marketplace as operators face increased pressure to respond to growing bandwidth demands by adding optical fibre infrastructure to their networks, either directly to customer dwellings or to nearby distribution points.

Richard Green, Ubisense Chief Executive Officer, said he was delighted to continue to provide this leading European network operator with Ubisense's unique solutions.

"This contract extension is an important win for our Geospatial business and highlights the positive sales momentum in the division. Ubisense has a long history of deploying ground-breaking Geospatial solutions and this contract extension from one of the largest network operators in Europe is a huge vote of confidence in our services and the Ubisense team."

Ends

About Ubisense

Ubisense is a market leader of location-based Smart Factory Solutions which enable companies to optimise their manufacturing processes. By keeping track of key assets, Ubisense solutions bring clarity to complex operations in industries while also improving quality and reliability. Ubisense uses a unique combination of advanced industry knowledge and an experienced team to deliver effective and superior solutions that offer unprecedented visibility, control and accuracy, delivering time and cost savings. Ubisense solutions are easy to implement and flexible to a particular business's needs, no matter which area of the globe they operate in.

Ubisense location solutions are used by a growing number of blue chip customers across the world, such as BMW, Daimler, Aston Martin, BAE, Airbus, Caterpillar, Hyundai, Duke Energy, COX and Deutsche Telekom. For more information please visit: www.ubisense.net.

Contact

 
Ubisense                           Tel: +44 (0) 1223 
                                    535170 
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

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