Tuesday, October 26, 2010

Ubisense CEO, Richard Green, awarded Ernst and Young UK Science and Technology Entrepreneur of the Year

Cambridge, 19 October 2010, Ubisense Limited - Ubisense, the world Leader in Precise Real-Time Location Systems is delighted to confirm that Richard Green was honoured to receive the world-renowned accolade at an award ceremony held in London last night.

The Ernst and Young Entrepreneur of the Year Award encourages entrepreneurial spirit and recognises the contribution of people who inspire others with their vision, leadership and achievement.

Previously a founder of Smallworld, which was listed on NASDAQ in 1996 and sold to General Electric for $ 214 million in 2000, Richard was part of a small team who founded Ubisense in 2002.

Richard’s amazing energy and enthusiasm have been a driving force behind the growth of Ubisense, which now has BMW, Aston Martin, Airbus, Fiat and Caterpillar as its customers, and the world’s leading industrial tool manufacturer, Atlas Copco as its partner.   Recognising the opportunity within worldwide manufacturers, who were seeking pioneering new methods of production and new levels of automation, Ubisense has targeted global high value manufacturing markets with significant success.

During 2009 and 2010, Ubisense also opened a number of new offices, gained a number of new customers in the US and Europe tracking buses and trains within depots and transit yards, and won a major contract with the US Military National Training Centre.  Turnover increased by around 50% during 2009, despite the world’s deepest ever recession, and has continued to grow rapidly during 2010.

“I feel very honoured to have been given this award,” said Richard Green, Ubisense CEO, “It is a testimony to the success of Ubisense.  It is great to be recognised by our customers, who continue to work with us, but also to receive wider industry recognition.”

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