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Hyundai Kia Expand Deployment of Ubisense Solution

Cambridge, UK – 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.

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Released: 18 September 2012

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