25th Sep 2013 08:41
LONDON (Alliance News) - Ubisense Group PLC said Wednesday that it had been contracted by ISR Transit for a USD1 million contract for an intelligent transportation system in Florida.
The contract will be for a year, but the company says it has significant renewal and expansion potential as part of a greater USD11.5 million partnership between ISR Transit and Broward County.
Shares in the real-time location systems company were trading down 0.50 pence at 212.00 pence Wednesday morning.
By Hana Stewart-Smith; [email protected]; @HanaSSAllNews
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