RNS Reach
For Release: 28 February 2012
Tech One Electronics and IntelliSAW announce representative agreement for South Eastern US market
Transense Technologies plc ("Transense") (AIM: TRT), the provider of sensor systems for the transportation and industrial markets, is pleased to announce that its trading divison, IntelliSAW, has entered into an exclusive representative agreement with Tech One Electronics of Pompano Beach, Florida. As part of this agreement Tech One will provide market coverage in the South East US territory for IntelliSAW, an area that is populated with leading US utilities and top OEM's of electrical switchgear, both key customers of IntelliSAW's solution which provides an innovative wireless/passive temperature monitoring system for critical assets in the electric power transmission and distribution network.
Tech One is a well established electronics components and systems representative comprised of a team of professionals who have been providing technical sales and support services in the region for over 30 years.
Access to IntelliSAW's unique electrical switchgear temperature monitoring system will allow Tech One to expand its portfolio of products and services into the Smart Grid arena where IntelliSAW's technology provides real-time, continuous monitoring of mission-critical electric power switchgear.
IntelliSAW's proprietary solution is wireless and does not require any power to the sensors affording ease of installation and system commissioning while avoiding introducing any arcing or flashover concerns. Moreover the IntelliSAW system outputs data directly onto existing communication networks using standard protocols allowing for instantaneous monitoring and control.
Tom Pughe, President and Founder of Tech One, commented "Tech One is pleased to add IntelliSAW's innovative systems to its portfolio of solutions. We have seen for some time now the market pull for a temperature monitoring solution for critical assets in the Smart Grid space and clearly see where the advanced technology of the IntelliSAW system provides an optimal alternative to other approaches in the market today. The flexible architecture and ease of deployment of the IntelliSAW system serves to add to the scalability of its application."
Graham Storey, CEO of Transense, commented, "We continue to make good progress in building a global distribution network for IntelliSAW. With agreements already in place within the key emerging markets of Brazil, South America and Taiwan, this is our first move into the more mature North American market. The US is the world's largest single market for switchgear monitoring and one that will provide another significant opportunity for IntelliSAW."
For further information, please contact:
Transense Technologies plc |
Tel: +44 (0) 1869 238 380 |
Graham Storey, Chief Executive |
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N+1 Brewin - Nominated Adviser |
Tel: +44 (0)20 3201 3710 |
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Hybridan LLP - Broker |
Tel: +44 (0) 20 7947 4350 |
Claire Noyce, Deepak Reddy |
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Newgate Threadneedle |
Tel: +44 (0) 20 7653 9850 |
Caroline Evans-Jones, Robyn McConnachie |
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About Tech One
Tech One Electronics is a limited liability corporation founded March 2007 and is comprised of relationship-focused professionals with a history of customer- and supplier-based experience since 1980. The Tech One team is led by Tom Pughe, based in southeast Florida with offices throughout the state.
About IntelliSAW
IntelliSAW. a trading division of Transense Technologies plc (AIM: TRT.L), develops and markets patent protected wireless, passive surface acoustic wave (SAW) based sensing systems targeted at challenging industrial applications. Its IS485 family of products provides temperature monitoring of critical electric power switchgear equipment in Smart Grid applications.