Re Agreement

Transense Technologies PLC
15 December 2000


Transense Technologies signs agreement
With 3DM Technologies.

Transense Technologies plc is pleased to announce that it signed a licence
agreement with 3DM Technologies Inc in Detroit last night.  The licence is for
in-wheel tyre pressure measurement.

Under terms of the licence Transense will receive an up front payment followed
by a royalty on all future sales incorporating the Company's know-how and
patented technology. 

3DM specialises in state-of-art plastic moulding technology, which is used to
produce parts that are used throughout the automotive industry, and, apart
from being a large supplier, has ongoing development programmes with a number
of leading OEM automotive companies.

One of these programmes, which is now in the early stages, is to develop the
Transense SAW technology for composite wheels, which will replace those
traditionally made of steel or aluminium.  The Transense SAW technology is
ideally suited for this application.

Jim Perry CEO of Transense said last night. 'The companies we are targeting to
license our tyre pressure monitoring technology have specific application
needs. 3DM is one such Company in that it can incorporate our non-contact
sensor technology into the fabric of the composite wheel material during its
manufacturing processes. 

Last year we signed a licence agreement with SmarTire Inc, which is at present
using a battery driven device incorporating the tyre valve. The Company has
already won a number of contracts to supply systems to car companies over the
next two-years and chose to license our technology for their next generation
systems. 

Following the major recall of Firestone tyres this year the American Senate
passed a bill in October that by 2003 all vehicles must be equipped with tyre
deflation warning systems. At present the only systems currently available use
Lithium batteries-the Transense system does not need batteries. 

We started our development of a non-battery solution using SAW technology some
years ago and, with our patents and know-how, I believe that we are in the
forefront of technology of being able to measure what is happening to your
tyres in real time at low cost'.   

Mario DiNello, President and CEO of 3DM Technology said last night: ' I am
delighted that we have signed a licence agreement with Transense Technologies.
At 3DM we have specialised in making highly sophisticated plastic mouldings
for the automotive industry and pride ourselves in being very innovative. The
non-contact no-battery SAW technology Transense is now demonstrating is ideal
for embedding in the composite wheel we are developing. 

The Transense tire monitoring system will provide an economical way to build a
safer vehicle.  Another major benefit of the Transense technology is that it
indicates actual tire pressure.  This information provides the driver with the
correct inflation pressure to enhance safety to maintain the maximum miles per
gallon, relative to tire performance.  This feature could affect fuel economy
by 2-3 miles per gallon, resulting in savings of hundreds of dollars per year
to the American consumer.

Naturally we are all very excited about tire pressure monitoring, as are our
customers. As a tier 1 supplier we are in close contact with the major
automotive companies here in America. We also have a number of major Japanese
car companies as customers. We are supplying them with parts such as lights,
facia and door panels that go into over 2,500,000 vehicles a year. We also
have joint development programmes initiated with a number of customers
including one of North America's Big Three Automotive manufacturers.

Undoubtedly, with the new legislation making it mandatory to fit tire
monitoring systems in all vehicles starting 2003, I believe that every car
manufacturer is a potential customer and with 17 million vehicles a year being
produced in the US that is potentially big business'.


For further information, please contact:

Jim Perry, CEO
Transense Technologies plc                                  01869 238 030

Graham Eves, Commercial Director
Transense Technologies plc                                  01869 238 030

Graeme Bayley
HSBC                                                        020 7336 9000