Translogik further order from EDP

RNS Number : 9555F

Transense Technologies PLC

22 June 2012

 



RNS For Release: Friday 22^nd 2012

Translogik Receives Further Tyre Inspection Tools Order From EDP

Transense Technologies plc ("Transense") (AIM: TRT), the provider of sensor systems for the transportation and industrial markets, is pleased to announce its trading division, Translogik Limited ("Translogik") has received a further order for sixty of its truck tyre inspection kits from its French partner, EDP. The tools will be supplied as part of EDP's commercial fleet management systems that provide wireless, error-free data on the condition of vehicle tyres.

Jean-Luc Giusti, CEO of EDP commented: "We are continuing to develop our range of electronic tyre inspection solutions that integrate the Translogik tools with our commercial fleet management software. Our customers demand systems that can operate reliably and accurately, 24/7, and the best-in-class Translogik solution is the only tool we recommend."

Graham Storey, CEO of Transense, commented: "We are now seeing regular orders from our global partner network and anticpate this trend continuing as the requirement to maximise tyre life and performance becomes an increasing imperative for fleet operators as they seek to reduce vehicle running costs. A recent study commissioned by one of our South African customers demonstrated an 88% reduction in the time required to inspect a truck's tyres by using Translogik inspection technology - we believe this demonstrates the value of the products and are confident that we have the leading solution in the developing electronic tyre inspection market."

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,  Deepak Reddy
Newgate Threadneedle	Tel: [phone]
Caroline Evans-Jones, Robyn McConnachie

Notes to Editors

About EDP

EDP (Electronic Data Process) is a French company based in Champfeuillet, with a regional office in Thailand. EDP specialises in software systems for commercial tyre management.

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

 

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