Hyundai Kia Expand Deployment of Ubisense Solution

RNS Number : 4611M

Ubisense Group PLC

18 September 2012

 



18 September, 2012

Hyundai Kia Expand Deployment of Ubisense Solution

Cambridge, UK - Ubisense Group Plc ("Ubisense" or the "Company") (LSE:UBI), a market leader in location based smart technology, is pleased to announce the expansion of its RTLS installation with Hyundai Kia in Asia.

The phase two expansion comes after the success of the pilot installation deployed just two months ago to their assembly line manufacturing plant in South Korea.

Richard Green, Ubisense Chief Executive Officer, said that Hyundai's decision to increase its RTLS installation reinforces their previous deployment decision and emphasizes growing traction Ubisense's solution is receiving around the world.

"The Asia Pacific automotive industry is a key market for us and within it South Korea represents a significant opportunity in its own right so we are very pleased to strengthen our relationship with Hyundai Kia further," Mr Green said.

"Ubisense now has a foothold in eight of the top 15 automotive manufacturers globally and the opportunity within these eight is enormous. We are firmly focused on expanding our presence in these plants in the same manner we have with Hyundai Kia today."

Ubisense's RTLS solution is already deployed under a global license agreement with BMW and installed in their plants across Europe, Asia and North America.

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.

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 Richard Green  Gordon Campbell	Tel:  [phone]
Canaccord Genuity Limited (NOMAD)	Tel: [phone]
Simon Bridges
Kit Stephenson
FTI Consulting	Tel: [phone]
James Melville-Ross
Jon Snowball

 

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