Ubisense Group PLC Ubisense selected by General Electric for contract (9528C)
23 Abril 2013 - 3:00AM
UK Regulatory
TIDMUBI
RNS Number : 9528C
Ubisense Group PLC
23 April 2013
23 April 2013
Ubisense selected by General Electric for $6.8m Location
Solutions Contract
Cambridge, UK - Ubisense Group Plc ("Ubisense" or the "Company")
(AIM:UBI), a market leader in location-based smart technology,
announces that it has been selected by GE (NYSE: GE) to provide
location services as part of a major new engagement.
The engagement for an enterprise solution will consolidate
several legacy systems and provide critical data and integration
for operations including asset management, capacity planning and
customer service. This system enables the rationalisation of
regional data, applications and processes into a centralised
platform that leverages common standards and best practices across
the organisation.
The three year, $6.8m agreement represents a significant
milestone for the Company and is one of the largest contracts of
its kind encompassing data migration, validation, development,
roll-out and support services.
Richard Green, CEO of Ubisense said: "We are delighted to have
been selected by GE for this strategic engagement which
demonstrates the strong momentum in the business and reinforces the
importance of the agreement between the two companies."
Ends
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 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 businesses needs, no
matter which area of the globe they operate in.
Ubisense offers two location-oriented products; RTLS (Real-time
Location Solutions) and Geospatial Systems and operates in a number
of industries ranging from manufacturing and utilities to
transportation and is used by a number of blue chip customers
across the world, such as BMW, Airbus, Aston Martin, Caterpillar
and Deutsche Telekom.
Contact Tel: +44 (0) 1223
Ubisense Group 535 170
Richard Green
Gordon Campbell
Canaccord Genuity Limited (NOMAD) Tel: +44 (0) 207
523 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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