Licence Agreement

Transense Technologies PLC 28 October 2004 Date: 28 October 2004 On behalf of: Transense Technologies plc ('Transense') Embargoed until: 0700hrs Transense Technologies plc Licence Agreement with Stack Ltd Transense Technologies plc, developer and licensor of wireless sensor technology for the automotive industry, has signed a licence agreement with Stack Ltd to use its patented Surface Acoustic Wave (SAW) sensor technology in the field of motorsport worldwide. Under terms of the agreement Transense will receive a royalty on all sales incorporating its technology. James Perry Chief Executive of Transense said last night: 'I am delighted that Stack, the leading motorsport company in the world for dashboard and data logging technology, has taken a licence to exploit our technology in this very demanding area for tyre pressure monitoring and special torque sensing systems. 'We have been approached many times in recent years to address this market sector, which includes F1 and world rally, but to do so effectively would have taken too much of our engineering time and other programs, which our team have been working on, would have suffered. However, this is the area in which Stack specialise and the first use of our TPMS in motorsport is expected next year.' Alan Rock, Managing Director of Stack said last night: 'We are delighted to be working with Transense to exploit this exciting technology in motorsport. Tyre pressure monitoring and torque measurement are both crucial in motorsport and we have wanted to supply products in both these areas for a number of years. Until now, the available technologies have not met our requirements for withstanding the harsh demands of the motorsport environment. The Transense SAW technology with all its inherent advantages over existing products at last offers a suitable solution. 'We are confident that the Transense technology will enable us to provide the best technical solutions for both TPMS and torque measuring systems in motorsport and we look forward to becoming the leading force with these products worldwide.' Enquiries to: Transense James Perry, Chief Executive james.perry@transense.co.uk Tel: 01869 238380 www.transense.co.uk Redleaf Communications Emma Kane/James White Tel: 020 7955 1410 ek@redleafpr.com/jw@redleafpr.com Mob: 07876 338339 Stack Ltd Alan Rock, Managing Director Tel: 01869 240404 arock@stackltd.com www.stackltd.com 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 This information is provided by RNS The company news service from the London Stock Exchange
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