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Ubisense Shares Up 10% As It Wins Additional Contract Worth EUR700,000

21st Nov 2013 11:30

LONDON (Alliance News) - Shares in Ubisense Group PLC rose 10% Thursday after it received a EUR700,000 order to deploy a fourth Smart Factory System to a European automotive manufacturer.

The order is part of a global framework agreement with the manufacturer. The Smart Factor System technology allows manufacturers to track everything within a facility. Ubisense did not disclose the name of the European automotive manufacturer.

Shares in the hardware, software and services company were trading up 10% at 216.40 pence Thursday morning.

By Hana Stewart-Smith; [email protected]; @HanaSSAllNews

Copyright © 2013 Alliance News Limited. All Rights Reserved.


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Ubisense Group
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