Licence Agreement

Transense Technologies PLC
12 August 2002



Transense Technologies plc - Licence Agreement

Transense is pleased to announce that it has signed a limited licence agreement
with the Thales Microsonics Division of the French defence electronics group
Thales (formerly known as Thomson-CSF) for the supply to North America of
special Surface Acoustic Wave ('SAW') devices for a major application licensee
of Transense. Under the terms of the confidential agreement Transense will
receive royalties on each SAW device supplied by Thales Microsonics. The parties
regard this as an important step in their negotiations towards concluding a
worldwide licence for the production of SAW devices for Transense's automotive
applications. The automotive industry will be a major new business opportunity
for Thales Microsonics.

The technical teams from Thales Microsonics and Transense have been working
closely together during the last twelve months to develop the volume production
of devices for use in Transense's proprietary systems for the measurement of
tyre pressure and temperature. Thales Microsonics is a leading European
manufacturer of SAW devices and the customised SAW devices are now being
supplied to Transense's licensees as part of the build-up to volume manufacture
of tyre pressure/temperature sensor systems.

Information about Thales Microsonics

Thales Microsonics is a 100% owned subsidiary of Thales, the largest European
manufacturer for professional electronics. Thales Microsonics has more than
three decades of experience in developing analysis software and technologies
dedicated to high performance components and subsystems. It obtained the first
SAW patent in the world in 1964, which has been followed by many others. Its
patent on the apodized interdigital transducer describes the technique used by
many SAW manufacturers worldwide. Thales Microsonics is a world class supplier
with its headquarters in an ultra-modern facility in the 'technical city' of
Sophia-Antipolis, near Nice in the south of France.




12 August 2002

Enquiries:

Transense Technologies plc
Jim Perry or Graham Eves          [phone]

Thales Microsonics
Paul Vickery                      [phone]

HSBC Investment Bank plc
John Mellett or Graeme Bayley     [phone]





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