Translogik Probe Order From Dunlop Japan

RNS Number : 6091F

Transense Technologies PLC

28 May 2013

 



Transense Technologies plc

Largest Single Translogik Probe Order From Dunlop (Sumitomo Tire) Japan

Transense Technologies plc ("Transense" or the "Company") (AIM: TRT), the provider of sensor systems for the transportation and industrial markets, is pleased to announce its trading division, Translogik, has received an initial order worth almost US$450,000 for its commercial truck tyre inspection tools from Dunlop Japan ("Sumitomo").

Graham Storey, CEO of Transense, commented:

 "We are delighted to have received yet another record order for our wireless tyre inspection tools, just a couple of weeks after securing significant orders from Value Added Resellers ("VARs") in North America and Europe. The drive to maximise the life of increasingly expensive tyres and optimise fuel economy are now industy imperatives.

Having an easy to use tool such as the Translogik tyre probe that allows key tyre measurements to be taken with high precision and up to 60%* faster than conventional methods is a huge benefit to fleet operators. Receiving further validation of our innovative tools from a major tyre OEM such as Sumitomo reaffirms our confidence that Transense has the right products at the right time to establish a major global presence in this high growth market."

* Data produced during an independent customer product testing procedure

For further information, please contact:

Transense Technologies plc	Tel: [phone]
Graham Storey, Chief Executive
N+1 Singer - Nominated Adviser & Broker Shaun Dobson, Aubrey Powell	Tel: [phone]
Newgate Threadneedle	Tel: [phone]
Caroline Evans-Jones, Robyn McConnachie

About Dunlop (Sumitomo Tire) Japan

With a reputation for quality, service and leading edge technology, Sumitomo Tire is a premium tire brand offering a unique mix of quality and value.

Sumitomo is the premium export brand of Sumitomo Rubber Industries, Ltd., one of the largest tire manufacturers in the world. Within the tire industry, Sumitomo enjoys a well-earned reputation for innovative design, precision engineering and superior quality. It's the Sumitomo difference.

Sumitomo is backed by the reputation and resources of the Sumitomo Group, one of the most influential business groups in the world. Sumitomo Tire is a global brand that competes on the basis of product quality and real world performance.

http://www.sumitomotire.com/

About Translogik

Translogik, a trading division of Transense Technologies plc, is a provider of innovative tyre management solutions for the OTR (Off-the-Road) and commercial vehicle markets

The product portfolio includes wireless tyre temperature & pressure monitoring systems, tread depth, pressure and temperature data collection tools for truck, bus and OTR vehicle tyre inspections, and RFID (Radio Frequency Identification) tags, patches and UHF readers for tyres and general asset tracking.

The Products have been designed to operate in the most hostile and demanding environments, such as mining, earth-moving and construction.

www.trans-logik.com

About Transense Technologies

Based in Oxfordshire, UK, Transense has developed patent-protected sensor systems for use in diverse high growth markets. Developed in conjunction with partners including McLaren Electronic Systems and General Motors, Transense's Surface Acoustic Wave (SAW), wireless, battery-less, sensor systems offer significant advantages over legacy wireless sensor systems. Via two wholly owned divisions, IntelliSAW and Translogik, Transense is targeting the high growth global electrical Smart Grid applications market and the transport industry respectively.

Transense's sensors are also being used in the wind turbine monitoring industry. The Company is part of a consortium of nine companies ("IntelWind") that has begun development on a major EU funded project to improve the efficiency and reliability of wind turbines.

Transense's shares are admitted to trading on AIM, a market operated by the London Stock Exchange (AIM: "TRT").

www.transense.co.uk

 

END

 

 

MSCPGUCPAUPWPUM