Ubisense Group PLC New contracts
17 Março 2016 - 4:02AM
RNS Non-Regulatory
TIDMUBI
Ubisense Group PLC
17 March 2016
17 March 2016
Ubisense Group PLC
("Ubisense" or "the Company")
Contract wins
Ubisense (LON:UBI), a market leader in enterprise location
intelligence solutions, is pleased to announce new contracts in
North America for its Geospatial division. The contracts, valued at
a combined $2.9m, are with Tier 1 broadband communications and
entertainment providers and one of the largest power companies in
the United States.
Ubisense will provide managed services for its flagship myWorld
product and other systems used to manage and visualise the network
assets of both customers.
These wins will provide a solid contribution to the Group's
planned revenues in the current year with the potential for
additional revenue as the customers' use of the products
expands.
Richard Green, CEO of Ubisense, commented:
"This is a significant endorsement of our myWorld system and its
application within businesses to manage their network assets. The
fact that such renowned businesses in their respective spaces have
extended their relationships with Ubisense is testament to the
myWorld proposition and its effectiveness.
"We are pleased to be further supporting these customers in
operating economically, effectively, and safely, whilst best
serving the needs of their own customers. We look forward to
augmenting these relationships further as the customers' enterprise
location intelligence needs develop."
For further information contact:
Ubisense Group plc +44 (0)1223 535170
Richard Green
Tim Gingell
Numis Securities Limited +44 (0)20 7260 1000
Simon Willis (Corporate Finance)
Jamie Lillywhite (Corporate Finance)
Toby Adcock (Corporate Broking)
Redleaf Communications +44 (0)20 7382 4730
Rebecca Sanders-Hewett
David Ison
Harriet Lynch
About Ubisense
Ubisense (AIM: UBI), a global leader in Enterprise Location
Intelligence solutions, helps manufacturing, communications and
utility companies improve operational efficiency and boost
profitability. Ubisense location intelligence systems bring clarity
to complexity, enabling customers to revolutionise their
operational effectiveness in a measurable way. Founded in 2002,
Ubisense is headquartered in Cambridge, England, with offices in
North America, France, Germany and Japan. For more information
visit: www.ubisense.net.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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