Response to share price movem

RNS Number : 0721G

Transense Technologies PLC

17 October 2008

 



TRANSENSE TECHNOLOGIES PLC ('Transense' or the 'Company')

17 October 2008

Response to share price movement

The Board of Transense has noted the recent decline in its share price and would like to advise the market that they are not aware of any operational or company specific reason for the fall. The Company has in excess of three million pounds in cash, which is in line with budgeted cashflow and continues its dialogue with a number of third parties for the development of its technology.

Contact:

Transense Technologies plc 

Norman Smith / Melvyn Segal              01869 238 380

Brewin Dolphin Investment Banking

Neil Baldwin                                        0113 241 0126

 

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