RCS - Transense Technlgy - New member of Commercial Advisory Panel

Transense TechnologiesAnnouncement

21/07/2021 07:00

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RNS Number : 8970F  Transense Technologies PLC  21 July 2021

Reach announcement (non-regulatory)*

 

 

Transense Technologies plc

("Transense")

 

Ryan Maughan BEng, MSc, CEng, FIMechE, CMgr, MCMI

confirmed as an additional member of SAWCAP

 

Transense Technologies plc (AIM: TRT), the provider of specialist sensor
systems, is pleased to confirm Ryan Maughan as an additional member of the
Commercial Advisory Panel ("SAWCAP") for its Surface Acoustic Wave business.
SAWCAP was formed in December 2020 to provide advice and support to the Board
and management in the development of commercial strategy, sales and marketing
activities and to forge strategic alliances.

 

Ryan is an award-winning engineer and business leader with more than 20
years' experience in the High-Performance, Heavy-Duty and Off-Highway
Automotive markets.  Prominent in the development of Power Electronics,
Electric Motors and Drives (PEMD) for these demanding applications, he has
successfully founded, scaled and exited three businesses in the electric
vehicle space.  He is currently CEO of eTech49 Limited, an advisory business
specialising in disruptive hardware technology in PEMD.  In addition, he is
Chairman of EV North, an industry group representing the booming EV industry
in the north of England, a board member of the North East LEP and an advisor
to a number of corporations.

 

Ryan will help Transense to develop applications and opportunities for SAW
sensor technology to improve control, safety and efficiency in electric motor
propulsion and drive systems, across a range of high value applications and
sectors.

 

Nigel Rogers, Executive Chairman of Transense, said:

 

"We are delighted to confirm Ryan as an additional member of SAWCAP.  He
brings a wealth of technical knowledge and applications expertise which is
highly relevant to the commercialisation of our proven technology.  His
entrepreneurial background also provides valuable insights into the marketing
and promotion of complex solutions and access to a wide network. We are
looking forward to working with him on a number of new initiatives."

 

Ryan Maughan added:

 

"I am delighted to be part of the Transense SAWCAP at such an exciting time.
There is significant potential for SAW technology to provide robust and
reliable torque sensing in drive systems and electric motors to help improve
control, safety and efficiency. The technology has already proven itself as a
capable torque sensing solution in demanding applications such as aero engines
and motorsport. I am looking forward to working with the team to transfer the
technology into new applications."

 

For further information please visit www.transense.com or contact:

 Transense Technologies plc                       Via Walbrook PR

 Nigel Rogers (Executive Chairman)

 Melvyn Segal (CFO)
 Allenby Capital (Nominated Adviser and Broker)   Tel: +44 (0)20 3328 5656

 Jeremy Porter/George Payne (Corporate Finance)

 Tony Quirke (Equity Sales)
 Walbrook PR                                      Tel: +44 (0)20 7933 8780

 Tom Cooper/Nick Rome/Anysia Virdi                Transense@walbrookpr.com

Notes to Editors:

Transense is a developer of specialist wireless sensor systems used to
enable real-time data gathering and monitoring.  Products include the
patent protected Surface Acoustic Wave (SAW) sensor technology, used to
improve equipment power, performance, reliability and efficiency; iTrack,
Transense 's Tyre Pressure Monitoring System, licensed to Bridgestone
Corporation, the world's largest tyre producer, under a ten-year deal in June
2020; and a range of intelligent tyre monitoring equipment under the
Translogik brand. Target sectors include automotive, aerospace, industrial,
green energy, rail and marine.

The Group's strategy is to maximise shareholder value through the delivery of
sustained revenue growth from all three principal technologies - SAW, iTrack
and Translogik probes - through leveraging excellence in innovation, know-how
in commercialising technologies, industry partnerships and exposure to global
growth markets.

Transense is headquartered in Oxfordshire, UK, and was admitted to trading on
AIM, a market operated by the London Stock Exchange (AIM: TRT), in
1999.  www.transense.com (http://www.transense.com/)

For further information please contact transense@walbrookpr.com
(mailto:transense@walbrookpr.com) .

 

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