Honeywell Licensing Agreement

Transense Technologies PLC
08 November 2004

Date:                    8th November 2004

On behalf of:            Transense Technologies plc ('Transense')

Embargoed until:         0700hrs





Transense Technologies plc

Worldwide Licensing Agreement with Honeywell



Transense Technologies plc is pleased to announce Honeywell International has
entered into a worldwide licensing agreement to use Transense's surface acoustic
wave ('SAW') technology for torque and pressure/temperature sensing systems in
vehicles and aircraft, with certain limitations.  This licence is exclusive for
torque sensing in powertrain, transmission and driveline applications in
vehicles.



An earlier licensing agreement between Transense and Honeywell granted Honeywell
the right to package SAW devices made by Transense's licensees, Temex and
Tai-Saw, as the sensor component for tyre pressure monitoring systems. This new
agreement widens the scope of that activity, allowing Honeywell to manufacture
complete tyre pressure monitoring systems, as well as torque sensors for either
complete or partial systems for all vehicle torque applications, including
electric power steering.



James Perry, chief executive of Transense, said last night: 'I am delighted that
we have entered into this important licence agreement.  It will help satisfy the
rapidly growing demand from vehicle manufacturers and Tier one suppliers for
technologies that measure torque in powertrain applications such as engine
management, transmission control and driveline torque distribution.  This is the
successful outcome of the strategy and business model we have followed over the
years to forge partnerships with global manufacturers in fields to which our
technology lends itself.  The completion of this agreement is a direct result of
the technical collaboration between our firms.  Engineers from both companies
have been working together for more than two years, and their efforts have led
to numerous developments, including the packaging of sensors being used in tyre
pressure measurement systems for other Transense licensees.'



Enquiries to:



Transense
James Perry, Chief Executive
[e-mail]                                Tel: [phone]
www.transense.co.uk



Redleaf Communications
Emma Kane/James White                                     Tel:  [phone]
[e-mail]/[e-mail]                         Mob:  [phone]



Notes to Editors:



• Transense was founded in 1991 and its shares were listed on AIM in 1999;

• Transense's technology is divided into two business streams:  Torque
  measurement and pressure measurement;

• Current licensees of Transense's technology include SmarTire, 3DM,
  Michelin, Honeywell, Temex Microsonics, Tai-Saw and TT electronics;

• Further information on Transense is available at the company's
  website at www.transense.co.uk




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