RNS Number : 0687A
Ubisense Group PLC
15 March 2013
 



15 March 2013

 

South Korean Diesel Engine Manufacturer latest to Implement Ubisense tool tracking
solution

 

Cambridge, UK - Ubisense Group Plc ("Ubisense" or the "Company") (LSE:UBI), 
a market leader in location based smart technology, is pleased to announce that a
South Korean engine manufacturer has selected Ubisense for its tool tracking solution
and has commenced deployment on multiple engine assembly lines at their domestic
plant.

 

The tool location module of the Ubisense Smart Factory System was selected because
of its ability to provide an end to end solution for visibility and control across
the manufacturers main production lines, something that could not have been achieved
before using traditional passive RFID or bar code solutions.

 

This leading South Korean industrial has selected the system in order to eliminate
defects as early as possible during the assembly process. A number of critical tightening
operations, if defective or incomplete, can cause expensive rework at a later date
therefore identifying them early is important for an efficient and error free production
facility. For the customer, this is a process improvement they have been looking
to implement for a while and Ubisense's unique solution and strategic partnership
with Geoplan made this possible.

 

"We are extremely pleased to have successfully delivered another Smart Factory System
to a leading Manufacturer, based on our ground breaking location system," said Richard
Green, CEO of Ubisense. "This installation demonstrates that our solution doesn't
just help with efficiency, but also helps to dramatically reduce error rates and
we are confident that as the industry continues to adopt this system, more benefits
will be identified."

 

Other major manufacturing groups are already enjoying significant benefits through
the adoption of this system, including deployments by groups such as BMW, Daimler
and Aston Martin, across their plants in Europe, Asia and North America. Here, hundreds
of direct current tools are performing hundreds of thousands of tightening operations
each day and providing significant ROI to companies typically in less than 12 months.

 

Ends

 

 

About Ubisense

 

Ubisense is a market leader of location-based smart technology which enables companies
to optimise their business processes. By keeping track of key assets, Ubisense solutions
bring clarity to complex operations in industries while also improving quality and
reliability. Ubisense uses a unique combination of advanced industry knowledge and
an experienced team to deliver effective and superior solutions that offer unprecedented
visibility, control and accuracy, delivering time and cost savings. Ubisense solutions
are easy to implement and flexible to a particular businesses needs, no matter which
area of the globe they operate in.

 

Ubisense offers two location-oriented products; RTLS (Real-time Location Solutions)
and Geospatial Systems and operates in a number of industries ranging from manufacturing
and utilities to transportation and is used by a number of blue chip customers across
the world, such as BMW, Airbus, Aston Martin, Caterpillar and Deutsche Telekom.

 

 

Contact

 

Ubisense Group

Richard Green 

Gordon Campbell

 
	

 

 

 Tel: +44 (0) 1223 535 170

 

 

 

Canaccord Genuity Limited (NOMAD)
	

 Tel: +44 (0) 207 523 8000

Simon Bridges
	

 

Lucy Tilley
	

 

 
	

 

FTI Consulting
	

 Tel: +44 (0) 20 7831 3113

Jon Snowball
	

 

Tracey Bowditch
	

 

 

                                     

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END