Jt Development with McLaren E

RNS Number : 3784R

Transense Technologies PLC

29 April 2009

 



Transense Technologies plc (the 'Company')

29 April 2009

Re Joint Development with McLaren Electronic Systems Ltd 

Transense Technologies plc is pleased to announce that it is working with McLaren Electronic Systems Ltd (MESL), to incorporate Transense Sensors into some of their Motorsport systems. 

Dr Peter Van Manen, Managing director of MESL, commented 'we are delighted to be working with Transense and have found their technical assistance on the project invaluable.'

Norman Smith, CEO of Transense, commented 'Working with MESL has been a challenging and highly motivating experience for the Transense Staff. We look forward to the continued development of our relationship with MESL.'

Contacts:

Transense Technologies PLC

Melvyn Segal                                                       01869 238380

Norman Smith                                                     01869 238380

Brewin Dolphin Investment Banking

Neil Baldwin                                                        0845 213 4730

ENDS

About McLaren Electronic Systems Ltd (MESL)

McLaren Electronic Systems develops, manufactures and deploys control and data systems for a worldwide professional motorsport market and for other automotive, transport and manufacturing applications. It is an independent trading company of the McLaren Group, based in Woking, UK.

About Transense

Transense Technologies is a technology transfer company based in Upper Heyford, Oxfordshire. Transense develop Surface Acoustic Wave (SAW), wireless, batteryless, sensor systems in partnership with its licensees, Honeywell, Melexis, Michelin, Tai-Saw, Sengenuity, Stack and Texas Instruments.

Current applications include Tyre Pressure Monitoring Systems (TPMS) and torque

systems for Electrical Power Assisted Steering (EPAS) and driveline management.

Transense is listed on the Alternative Investment Market of the London Stock

Exchange (TRT).

 

END

 

 

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