6th Feb 2014 12:28
LONDON (Alliance News) - Ubisense Group PLC said Thursday that it had extended its contracts with a European and an Asian automotive manufacturer for its Smart Factory System at an additional one of their plants in Eastern Europe and Korea, respectively.
The Smart Factor System technology allows manufacturers to track everything within a facility.
The hardware, software and services company did not disclose the name of the manufacturers or provide financial details of the contract extensions.
Shares in Ubisense were trading down 0.6% at 242.10 pence Thursday morning.
By Hana Stewart-Smith; [email protected]; @HanaSSAllNews
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