IntelliSAW order from partner ETT worth US$450,000

RNS Number : 6795F

Transense Technologies PLC

28 May 2013

 



Transense Technologies plc

IntelliSAW order from partner ETT worth US$450,000

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 received a further order worth US$450,000 from its partner ETT in support of continued strong interest in the Asian region for its IS485 family of wireless electrical switchgear monitoring solutions.  

CP Chen, founder and CEO of ETT, commented, "The market pull for continuous monitoring of critical assets such as switchgear remains very strong and we are happy to be able to offer the IntelliSAW solution to fill this need. Our customers are pleased with the performance of this technology and increasingly understand the significant ROI from adoption of these systems. We see a substantial market opportunity in this region for IntelliSAW."

Graham Storey, CEO of Transense, commented, "Having played a significant role in the recent deployment to the Fuxin Steel plant in China, ETT is seeing increasing sales momentum building in the region as market awareness of the benefits of the IntelliSAW thermal monitoring solution grows. With a global distribution network now expanded to nineteen partners, we anticipate further orders of a similar magnitude in the coming year."

For further information, please contact:

Transense Technologies plc	Tel: [phone]
Graham Storey, Chief Executive
N+1 Singer - Nominated Adviser & Broker Shaun Dobson, Aubrey Powell	Tel: [phone]
Newgate Threadneedle	Tel: [phone]
Caroline Evans-Jones, Robyn McConnachie

About ETT

ETT is a system integrator and supplier of power conditioning, control and monitoring equipment for the electric power industry. Based in Taipei City, Taiwan, ETT has been a distributor for IntelliSAW since July 2011.

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 and reliability 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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