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Ubisense Group PLC

03 June 2013

3 June 2013

Ubisense wins $3.5m Managed Service Software Contract with North American Energy Company

Cambridge, UK - Ubisense Group plc ("Ubisense" or the "Company") (AIM:UBI), a market leader in location based smart technology, has been selected by one of North America's largest energy companies to outsource a Network Mapping Software solution for its decision support system.

The contract provides the energy company, which serves over five million customers, with a network planning and design system for more than 200 concurrent design and planning engineers, and is also used to provide critical data for the company's enterprise systems including asset management and outage management applications. This system includes databases with approximately 200GB of facility information, about 10,000 active designs and with 4,000 designs in detailed planning and construction phases.

The contract runs over three years and is an extension of the long term relationship between the two companies. Ubisense already provides a number of location solutions ranging from one-call customer service user interfaces through to underground cable fault location applications development, implementation and support.

Richard Green, CEO of Ubisense, said: "We are increasingly being given more responsibility by our customers to support them in solving their real time operational problems using their geospatial network data in a modern online environment. We are delighted to continue working with this customer to deliver improvements in the quality and efficiency of their service. This contract win is further evidence of the increased demand we are seeing for our IP embedded within our Real-Time Location Intelligence Solutions."

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 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                             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

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