Jan 23rd 2013 - Edison Investment Research today published a report on Ubisense (UBI.L, LSE:UBI, LON:UBI) entitled "Demand Grows For RTLS Solutions". In summary, the report says:
Ubisense expects to report FY12 profitability in line with consensus expectations, although it expects revenues to be below market expectations. While delays in certain projects have affected H212 revenues, Ubisense continues to see strong interest in its RTLS solutions, helped by its partnership with Atlas Copco. The recent acceptance of a pilot project by Daimler could lead to wider adoption across the organisation, Ubisense continues to fulfil follow-on orders from existing customers, and high value manufacturers outside of its core automotive market are also trialling the technology.
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