27th November 2014
Transense Technologies plc
Result of AGM
Transense Technologies plc announces that at its annual general meeting held earlier this morning, all resolutions were duly passed.
Further information:
Transense Technologies plc Graham Storey, Chief Executive |
Tel: +44 (0)1869 238 380 |
N+1 Singer - Nominated Adviser and Broker Aubrey Powell, Tom Smale |
Tel: +44 (0)20 7496 3000 |
Newgate Threadneedle Tim Thompson, Robyn McConnachie |
Tel: +44 (0)20 7653 9850 |
About Transense Technologies
Based in Oxfordshire, UK, Transense has developed patent-protected sensor systems for use in diverse high growth markets. Developed in conjunction with partners including McLaren Electronic Systems and General Motors, Transense's Surface Acoustic Wave (SAW), wireless, battery-less, sensor systems offer significant advantages over legacy wireless sensor systems. Via three wholly owned divisions, IntelliSAW, Translogik and SAWSense, Transense is targeting the high growth global electrical Smart Grid applications market, the automotive and mining industries, and torque, temperature and pressure sensing markets respectively.
Transense's sensors are also being used in the wind turbine monitoring industry. The Company is part of a consortium of nine companies ("IntelWind") that has begun development on a major EU funded project to improve the efficiency and reliability of wind turbines.
Transense's shares are admitted to trading on AIM, a market operated by the London Stock Exchange (AIM: "TRT").