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Hyundai Kia Expand Deployment of Ubisense Solution


News provided by

Ubisense

18 Sep, 2012, 10:05 GMT

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CAMBRIDGE, England, September 18, 2012 /PRNewswire/ --

Ubisense Group Plc ("Ubisense" or the "Company") (LSE:UBI), the real time, location based lean manufacturing solutions company, is pleased to announce the expansion of its installation with Hyundai Kia in Asia.

This phase two expansion follows 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.

"We took the decision to expand into the Asia Pacific region to focus initially on the automotive industry, within which South Korea represents a significant opportunity. We are therefore particularly pleased to strengthen our relationship with Hyundai Kia further," Mr Green said.

"Ubisense now supplies RTLS products and solutions to eight of the top fifteen automotive manufacturers globally. Hyundai Kia is a great example of the way in which our customers start using our products, subsequently rapidly request further coverage across the original plant, and then to the rest of their plants globally. By building such close relationships, we continue to innovate and increase the value we add to our customers over the long term."

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.

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 telecommunications 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: http://www.ubisense.net. 

Contact:

Ubisense Group
Richard Green
Gordon Campbell
Tel: +44(0)1223-535170

Canaccord Genuity Limited (NOMAD)
Simon Bridges    
Kit Stephenson
Tel: +44(0)207-523-8000

FTI Consulting    
Sebastian Mathews    
Jon Snowball
Tel: +44(0)20-7831-3113    

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