Michelin launches TPMS

Transense Technologies PLC 03 November 2006 Transense Technologies plc ('Transense') Statement re agreement Michelin launches commercial vehicle Tyre Pressure Monitoring System 'TPMS' After several years of intensive research & development Michelin, the world's largest tyre manufacturer, and Honeywell, one of the world's leading automotive technology suppliers, announced in the US yesterday the launch of the eTire II battery-less TPMS for commercial vehicles. The eTire II system is based on Transense's surface acoustic wave ('SAW') technology, which Michelin licensed in 2001 for in- and on-tyre applications. Jim Perry, Chief Executive of Transense, said last night, 'I am delighted to report that a product incorporating our SAW technology has reached commercial production. The agreement between Michelin and Honeywell to produce a batteryless TPMS has been a great success and the product was launched in the US by Michelin and Honeywell yesterday for use in commercial vehicle tyres made by Michelin. 'We signed a licence agreement with Michelin in 2001 to work exclusively with their engineers to develop a system that would fit in or onto their commercial vehicle tyres and measure both pressure and temperature. In 2003 we signed an agreement with Honeywell to bring our SAW sensors into commercial production and to develop the electronics to interrogate them without using a battery in the tyre. All existing competing TPMS in production use batteries, which are either on the wheel or on the back of the valve. 'It has taken us many years to perfect the use of SAW technology for TPMS applications and I am very proud that our engineers, working alongside Michelin and Honeywell, have achieved it. Although Transense holds the worldwide core patents for the technology it has taken the support of two major global automotive suppliers to commercialise our invention.' Michelin announced: MICHELIN LEAPS FORWARD IN TIRE ELECTRONICS GREENVILLE, S.C. (Nov. 2, 2006) -- Michelin North America is offering a sneak peek into the future of tire electronics. Five years after the introduction of the first of its kind eTire pressure and asset monitoring system, Michelin is showing off the eTire II second-generation sensor patch. 'Pressure maintenance and tire tracking continue to make the top of the wish list of most fleet maintenance managers,' said Marc Laferriere, vice president of marketing for Michelin Americas Truck Tires. 'The ability to offer accurate, temperature-compensated, automatic pressure measurement is what we are seeking to attain.' Temperature compensation allows the eTire II system to identify vehicles with slow leaks as they re-enter the service terminal. The higher temperatures of the tire could otherwise hide such slow leaks. The eTire II system enables the maintenance manager to avoid the dreaded morning flats that can disrupt operations. Developed by Michelin Americas Research and Development Center (M.A.R.C.) and Honeywell Sensing & Control under a joint development agreement, the eTire II system includes the sensor patch that is applied to the interior of the tire's sidewall, a Hand-Held reader that can interrogate the patch via magnetic coupling, a Drive-By reader that retrieves the sensor information automatically and the BibTrackTM Internet-based tracking software that allows the fleet to monitor its tire assets from multiple terminals. The Hand-Held reader has been redesigned and ergonomically improved when compared to the previous generation device. The Drive-By reader has also evolved and is now more powerful and more robust than the eTire version. The sensor patch, which now weighs less than half an ounce, contains two main components, an RFID module and a battery-free pressure/temperature sensor. This otherwise simple looking device packs an impressive amount of new technology based on Surface Acoustic Wave (SAW) offering the following benefits: 1. It is battery-free and wireless. It consumes no power and there are no batteries to run low, leak or expire. This means less cost, higher reliability and less maintenance. 2. The SAW sensor is small and lightweight. At only 11 grams and a thickness equivalent to only a few sheets of paper, fleet owners don't need to worry about the sensor causing tire imbalance. 3. It is reliable and fast. Measuring pressure and temperature from inside the tire improves the accuracy of the reading when the tire is hot. 'The work done by our Research Center and Honeywell is very impressive. We are now ready to start limited production and test for market acceptance,' said Laferriere. The eTire II system is designed and optimized for urban and regional fleets that can fully benefit from its Drive-By automation capabilities. Michelin (www.michelin.com) designs, manufactures and sells tires for every type of vehicle, including airplanes, automobiles, bicycles, earthmovers, farm equipment, heavy-duty trucks, motorcycles and the space shuttle. The company also publishes travel guides, maps and atlases covering Europe, Asia, Africa and North America. Headquartered in Greenville, S.C., Michelin North America employs 22,270 and operates 19 major manufacturing plants in 17 locations. For more information, visit www.michelinmedia.com or contact: Herb Johnson Tom Duke Michelin North America, Inc. Jackson-Dawson office: 1 864 458 6088 office: 1 864 272 3016 cell: 1 864 414 5748 cell: 1 864 430 9412 email: herb.Johnson@us.michelin.com email: tom.duke@jdsouth.com Honeywell SAW Sensor Technology in Tires (Background) Overview Honeywell Sensing & Control has developed a pressure sensor for use in the new Michelin eTireII monitoring system. The sensor incorporates wireless and battery-free surface acoustic wave (SAW) technology that helps truck fleet managers monitor tire pressure for improved fuel efficiency, and extended tire life, thereby reducing major fleet operating costs. What is SAW Technology SAW technology - licensed from Transense Technologies plc of the United Kingdom - is a passive technology that reflects a radio signal from a sensor back to a remote reader. In a tire application, this signal is proportional to the pressure and temperature inside the tire. Sensing temperature is a critical factor because it helps reduce false tire pressure readings. Honeywell SAW Sensors in Tires The Honeywell SAW sensors are encapsulated in a thin, 11-gram (0.024 lbs.) rubber patch that mounts inside the tire. The patch holds two main components: the temperature and pressure-sensing element that is housed in a button-like enclosure, and a radio frequency identification (RFID) tag and antenna. A drive-by system or a handheld device remotely reads the tire pressure, temperature and identification signals from inside the tire. This data can be downloaded to a computer to generate maintenance and asset management reports and service alerts. SAW Technology in Tires Benefits Using SAW technology in tire applications has four key benefits: 1. It is battery-free and wireless. It consumes no power and there are no batteries to run low, leak or expire. This means less cost, enhanced reliability and less maintenance. 2. The SAW sensor is small and lightweight. At only 11 grams and a thickness equivalent to only a few sheets of paper, fleet owners don't need to worry about the sensor causing tire imbalance. 3. Enhanced reliability and speed. Measuring pressure and temperature from inside the tire improves the accuracy of the reading. Traditional tire pressure gauges can be imprecise and labour intensive to read and computerize. 4. It improves fuel economy and tire life. Additional SAW Technology Applications SAW technology is not new. It has been used for several years in the RF filters found in cell phones. It also is used in sensors to detect the presence of poisonous gasses. Honeywell is researching new ways to utilize this technology in other sensing applications that can benefit from wireless and battery-free operation, including torque systems for engines, transmissions and drivelines. For more information on Honeywell SAW technology, please visit: http://content.honeywell.com/sensing/solutions/markets/aobmrkt/torque-sales-sheet-v10.pdf 3 November 2006 For further information please contact: Transense Technologies plc James Perry 01869 238 380 This information is provided by RNS The company news service from the London Stock Exchange
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