Re Agreement

Transense Technologies PLC 06 July 2006 Transense Technologies plc ('Transense') is pleased to announce that it has signed a technical collaboration agreement with Texas Instruments Inc ('TI'), the world leader in Digital Signal Processors ('DSP'), and a supplemental production agreement with Melexis. Transense engineers have been working with TI for over three years to perfect the merging of Transense's algorithms into TI's DSP, which can be used for both tyre pressure monitoring ('TPMS') and torque applications. These algorithms provide the interface which converts and formats the information gathered by Transense's Application Specific Integrated Circuit (' ASIC'). They support the integration of Transense's technology with that of its licensees' and their respective customers' systems. In addition to the agreement with TI, Transense has also agreed a supplement to its agreement with Melexis to commence volume production of the Transense ASIC. Commenting on the developments, Jim Perry, Chief Executive of Transense, said: 'We believe that today's developments represent a further significant step towards the commercialisation of our technology. Both TI and Melexis are reputable suppliers to the automotive industry worldwide and the combination of their respective expertise has gone a long way towards putting our technology on the map. The decision by TI to collaborate with Transense confirms our belief that we have the best technology in the world for TPMS and automotive torque applications.' Jean-Claude Soroka, General Manager for the C2000 DSP at Texas Instruments DSP Controllers commented: 'We are delighted to be working with Transense to put the exciting solution of surface acoustic wave ('SAW') sensor technology to the automotive market. The past three years of intense technical exchanges between Transense and our DSP experts have been an enjoyable innovation experience. We foresee a great and fruitful future in the long-term collaboration with Transense. 'There is no doubt that both the pressure and torque sensor markets are huge opportunities. We are very confident that our joint efforts will bring SAW sensor innovation to the next level and we are looking forward to Transense's patented technology being deployed worldwide.' This information is provided by RNS The company news service from the London Stock Exchange
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