18th Aug 2014 09:32
LONDON (Alliance News) - Ubisense Group PLC said Monday it has won a contract with an undisclosed agricultural equipment manufacturer to install its Ubisense Smart Factory System at one of its European plants for an initial USD500,000.
Ubisense provides hardware, software and services to businesses to track people and assets. The Smart Factory System technology allows manufacturers to track everything within a facility.
The company said that it has a significant potential to extend the deployment of the system within the plant and across the manufacturer's 14 other plants.
Shares in Ubisense are untraded Monday; it closed down 1.2% at 171.00 pence on Friday.
By Hana Stewart-Smith; [email protected]; @HanaSSAllNews
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