Strategic Distribution Agreement in Malaysia

RNS Number : 1329F

Transense Technologies PLC

12 June 2012

 



RNS for release:  Tuesday 12^th June 2012

Simpro Engineering Sdn. Bhd, and IntelliSAW Announce Strategic Distribution Agreement for Malaysia

Transense Technologies plc

Transense Technologies plc ("Transense") (AIM: TRT), the provider of sensor systems for the transportation and industrial markets, is pleased to announce that its trading division, IntelliSAW, a leading provider of next generation wireless sensor systems for smart grid applications, has entered into a strategic distribution agreement with Simpro Engineering Sdn. Bhd. ("Simpro"), headquartered in Kuala Lumpur, Malaysia. Simpro provides advanced power protection and control systems and SCADA (Supervisory Control And Data Acquisition) technology to the electric power industry.

As part of this agreement Simpro will provide distribution for IntelliSAW's innovative wireless/passive electrical switchgear temperature monitoring system in the Malaysian market.  Simpro will also work closely with IntelliSAW in developing other Southeast Asian markets.

Sharifuddin Bin Mohd Ali, Managing Director of Simpro Engineering Sdn. Bhd., commented: "We view IntelliSAW as a solid strategic fit for our current customers in Malaysia, particularly complementary to our existing SEL and Doble product lines." Johnny Lee, Director, added: "The power industry throughout Southeast Asia is investing heavily in smart grid technologies, and IntelliSAW's solution is right on the leading edge of that modernisation."

Graham Storey, CEO of Transense, commented: "IntelliSAW is delighted to add Simpro Engineering Sdn. Bhd. to its rapidly expanding global distrubtion network.  Simpro has established itself as a strong prescence within the market, ideally suited to bringing IntelliSAW's technology to the Malaysian power industry. Working in partnership with Simpro provides another platform to advance our overall strategy within the high growth Asian market and we look forward to many commercial successes together in the coming years."

For further information, please contact:

Transense Technologies plc	Tel: [phone]
Graham Storey, Chief Executive
N+1 Brewin - Nominated Adviser Aubrey Powell, Robert Beenstock	Tel: [phone]
Hybridan LLP - Broker	Tel: [phone]
Claire Noyce, Tim Goodman, Deepak Reddy
Newgate Threadneedle	Tel: [phone]
Caroline Evans-Jones, Robyn McConnachie

Notes to Editors

About Simpro Engineering

Established in 1997, Simpro Engineering Sdn. Bhd. is a niche company in the field of Electrical Engineering specializing in the area of Power System Protection, SCADA (Supervisory Control And Data Acquisition) and Wireless Data Communications.  "Simpro, the simple & professional solution!"

http://www.simpro.com.my/

About IntelliSAW

IntelliSAW, a trading division of Transense Technologies plc (AIM: TRT.L), develops and markets patent protected wireless, passive surface acoustic wave (SAW) based sensing systems targeted at challenging industrial applications. Its IS485 family of products provides temperature monitoring of critical electric power switchgear equipment in Smart Grid applications.

IntelliSAW's proprietary solution is wireless and does not require any power to the sensors, affording ease of installation and system commissioning while avoiding introducing any arcing or flashover concerns. Moreover the IntelliSAW system outputs data directly onto existing communication networks using standard protocols, allowing for instantaneous monitoring and control.

The IS485 platform brings an advanced feature set as compared to legacy solutions on the market today, including twelve independent sensor frequencies and four antenna connections per reader which combined allow for up to 48 sensors per system. Further innovative advances in interrogation protocols, differential sensor topology, and microcontroller architecture serve to resolve a number of known issues with existing solutions including sensor drop-out, challenging system set-up processes, positional dependence of sensor calibration, and non-compliance to high voltage application environments.

www.intellisaw.com

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 two wholly owned divisions, IntelliSAW and Translogik, Transense is targeting the high growth global electrical Smart Grid applications market and the transport industry 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 of wind turbines.

Transense's shares are admitted to trading on AIM, a market operated by the London Stock Exchange (AIM:  "TRT").

www.transense.co.uk

About SCADA

SCADA (supervisory control and data acquisition) generally refers to industrial control systems(ICS): computer systems that monitor and control industrial, infrastructure, or facility-based processes.

 

END

 

 

AGRBKDDQPBKDCAD