Re Agreement

Transense Technologies PLC 11 December 2006 Transense Technologies plc Re Agreement Transense Technologies extends Licensing Agreement with Honeywell Transense Surface Acoustic Wave Technology to be used in Honeywell Sensors for new Applications Transense Technologies plc ('Transense') today announces that it has signed an agreement with Honeywell International Inc. ('Honeywell') to extend the licensed use by Honeywell of the company's surface acoustic wave ('SAW') technology to non-automotive pressure sensing applications. 'The more Transense and Honeywell collaborate, the more potential applications for our surface acoustic wave technology come to light,' said James Perry, chief executive officer of Transense. 'Our initial efforts to bring the technology to the automotive industry for tire pressure monitoring and torque sensor applications have been met with success. Now, we are expanding our joint effort into additional non-automotive pressure segments where Honeywell already has a presence'. The world market for industrial sensors is estimated to be worth $4 billion a year and is growing at the rate of 5.8% compound per annum. SAW technology is a passive technology that reflects a radio signal from a battery-less sensor back to a remote reader. Utilizing Transense's SAW technology, Honeywell developed a pressure and temperature sensor for use in the recently announced Michelin eTireII tyre pressure monitoring system, designed to help truck fleet managers accurately monitor tyre pressure and temperature for improved fuel efficiency, safety and extended tyre life. 'There are many potential applications for SAW technology, and we look forward to working with Transense to continue exploring opportunities to bring value to new industries,' said Billal Hammoud, global director of Honeywell Sensing & Control's emerging electronic sensing business. SAW technology also is used in Honeywell torque sensors which will be found in automotive engines, transmissions and driveline and chassis designs to improve vehicle safety, performance and economy. About Transense Technologies Transense Technologies is a technology transfer company that develops Surface Acoustic Wave ('SAW'), wireless, battery-less sensor systems for the automotive and other industries. Current applications include tire pressure monitoring systems ('TPMS') and torque systems for electrical power assisted steering (' EPAS') and driveline management. Transense is listed on the Alternative Investment Market of the London Stock Exchange (TRT). For additional information, please visit www.transense.co.uk. About Honeywell Honeywell International is a $31 billion diversified technology and manufacturing leader, serving customers worldwide with aerospace products and services; control technologies for buildings, homes and industry; automotive products; turbochargers; and specialty materials. Based in Morris Township, N.J., Honeywell's shares are traded on the New York, London, Chicago and Pacific Stock Exchanges. It is one of the 30 stocks that make up the Dow Jones Industrial Average and is also a component of the Standard & Poor's 500 Index. For additional information, please visit www.honeywell.com. 11 December 2006 For further information please contact: Transense Technologies plc James Perry 01869 238 380 This information is provided by RNS The company news service from the London Stock Exchange PBATMMIMBIF
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