Trading Statement

Transense Technologies PLC
22 January 2001


Trading statement


In 2000 Transense signed agreements with Atmel, 3DMI and SAWTEK. 2001 has
started in line with expectations on all fronts.

The ASIC Atmel are making for Transense's torque transducer has now been
designed and prototype devices should be with the company shortly at which
time the systems that are being developed will move forward to the next stage
of testing with potential application licensees.

The accidents involving Firestone tyres last year created a significant level
of publicity and activity throughout the vehicle industry and consequently,
inquiries for tyre pressure monitoring devices as a safety gauge are numerous.
As a result American legislation was passed which came into force last October
making it obligatory that from 2003 all new vehicles produced must be equipped
with tyre pressure warning systems.

Shareholders will be aware that Transense has been developing its own tyre
pressure warning technologies, using surface acoustic wave devices, for over
three years. Whereas other systems in the market use a lithium battery in the
wheel, the company's technology does not, presenting significant environmental
and cost benefits.

One of the leading battery driven tyre pressure gauging technology companies
is SmarTire Systems Inc, who have already signed a licence agreement with
Transense. SmarTire are 10% owned by TRW which is one of the leading tier 1
automotive companies in the world specialising in supplying products to the 40
million a year passenger-car market.

At the end of 2000 Transense signed an agreement with 3DMI, another American
company that is interested in Transense's technology for tyre pressure
monitoring. Whereas both SmarTire and TRW are interested in placing devices on
the wheel. 3DMI plan to use the company's system within the structure of the
composite wheels it is developing with one of North America's big three
automotive manufacturers.

Transense continues to explore further licensing opportunities for its
technology, and is now heavily focusing on application licences having signed
a number of production licences.  Progress is in line with directors'
expectations and announcements will be made as and when appropriate.


For further information, please contact:

Jim Perry, Chief Executive
Transense Technologies plc                             01869 238 030

John Mellett
HSBC Investment Bank plc                               020 7336 9000


John Coyle
Clerkenwell Communications                             020 7713 0900
                                                       0370 687 370
                                                       07699 727 796 (pager)