Worldwide License Deal

Transense Technologies PLC 05 February 2003 Date: 5 February 2003 On behalf of: Transense Technologies plc Embargoed until: 0700hrs Transense Signs Worldwide Manufacturing Licence with Temex Microsonics for Volume Production of SAW Sensors Transense Technologies plc ('Transense'), a developer and licensor of wireless sensor technology for the automotive industry, is pleased to announce that it has signed a worldwide manufacturing licence with Temex Microsonics ('Temex'), a division of the French Tekelec Group. The licence covers the manufacture and sale of Surface Acoustic Wave devices ('SAWs') utilising the Company's patented technology for use in tyre pressure monitoring systems ('TPMS'). Under the terms of the licence, Transense will receive a royalty on the sale of all SAW devices for TPMS incorporating the Company's patented technology and intellectual property rights. Temex is the world's third largest producer of SAW-based RF and microwave components, following its recent acquisition of Thales Microsonics, a division of the French Thales defence electronics group (formerly known as Thomson-CSF). Thales was initially granted a restricted, interim licence last August to supply the initial requirements for pressure SAW devices to one of Transense's key tyre pressure licensees, who as part of its final product verification has ordered small volumes of Transense's patented tyre pressure monitoring devices from Thales. Jim Perry, Chief Executive Officer of Transense Technologies plc, said last night: 'I am delighted that, after many months of negotiations, we have been able to sign this licence agreement with Temex. The merger between Temex and Thales Microsonics who, at one stage were both negotiating licence agreements with us, caused a major part of the delay. 'This licence means that we now have two major world-class manufacturers of the pressure SAW devices, which are core to our technology. Last October we announced that TAI-SAW, a Taiwan-based company, had signed a manufacturing licence with us for TPMS SAWs. These two companies have the capacity and expertise to meet the huge demand on them for SAW devices for the mobile phone industry and I feel confident in saying that, between them, they should be able to satisfy the demand for the very large numbers of SAW devices that will be required for our tyre pressure and temperature measurement systems for the automotive industry.' Jean-Pierre Euvrard, President of Temex, added last night: 'We are very excited by the new opportunities opened by this licence. It is a strategic move for us to achieve a balance between our main existing market, the Telecoms Industry, and a new area, Automotive Equipment, which brings fast-growing new applications for our electronic components.' For further information please contact: James Perry, Chief Executive Tel: 01869 238 380 Transense Technologies plc Jean-Pierre Euvrard, President Tel: +33 (0) 1 46 90 23 00 Temex Microsonics Emma Kane, Chief Executive Tel: 020 7955 1410 Redleaf Communications Ltd Mob: 07876 338339 PR to Transense Technologies ek@redleafpr.com Christine Meunier Tel: +33 (0) 1 46 90 23 33 Press Contact for Temex christine.meunier@temex.fr Notes to Editors: About Transense • 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 Michelin, Honeywell, TT Electronics and SmarTire; • Further information on Transense is available at the Company's website at www.transense.co.uk About Temex Microsonics • Temex is the world's third largest producer of SAW based RF and microwave components and has plants in France and Switzerland. • Further information is available at www.temex.net and www.temex-tmx.com This information is provided by RNS The company news service from the London Stock Exchange STRTIMPTMMTMBFJ
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