IQG.L Regulatory News (IQG)

31 October 2013

Ubisense wins >$1m Managed Services Contracts for North American Utilities

Cambridge, UK - Ubisense Group plc ("Ubisense" or the "Company") (AIM:UBI), a market leader in real time location intelligence solutions, has been selected by two of North America's largest utilities to provide system administration, application maintenance, and application development support for their real time systems including an Outage Management System (OMS).  

Ubisense already provides these customers, two of the larger utility companies in the US serving several million customers of their own, with a range of geospatial solutions and implementation services.

The new contracts, together valued at more than $1m, provide customers with service-level based support of their real time OMS, including emergency storm response support and development of tools to monitor OMS performance and support proactive system management.

Richard Green, CEO of Ubisense, commented: "We are increasingly being selected by customers to support real time mission-critical operational systems such as OMS. We are delighted to be trusted by these customers in continuing to help them improve the quality and efficiency of their support organisation."

About Ubisense

Ubisense is a market leader in real time location intelligence solutions which enable 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 AGCO, Airbus, Aston Martin, BMW, Cablevision, Daimler, Deutsche Telekom, Duke Energy, John Deere, MINI and VW.

Ubisense is headquartered in Cambridge, UK, with offices in the USA; Canada; France; Germany; Singapore. For more information visit: http://www.ubisense.net.