RCS - Transense Technlgy - SAW update - Appointment of Technical Director

Transense TechnologiesAnnouncement

04/07/2022 07:00

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RNS Number : 0673R  Transense Technologies PLC  04 July 2022

Reach: Non-regulatory announcement

 

Transense Technologies plc

("Transense")

 

SAW update - Appointment of Technical Director

 

Transense Technologies plc (AIM: TRT), the developer of specialist sensor
systems, is pleased to announce the appointment of Andy Bullock to the newly
created position of Technical Director (non-Board). Andy has a demonstrable
and proven record  leading the design and development of complex electronic
solutions, and associated manufacturing processes for the energy, security,
defence, and satellite sectors.

 

Andy's appointment will  enhance Transense' capability to support new and
existing customers, helping them to adopt the Transense SAW technology in
applications such as electric vehicle drive units and complex off-highway and
industrial machinery.  Andy  joined on 01 July 2022, ensuring an efficient
handover period with Victor Kalinin, Chief Scientist and Technologies
Director, who plans to retire towards the end of this year.

 

Nigel Rogers, Executive Chairman of Transense, said: "We are delighted that
Andy is joining Transense at this exciting time, with work underway on market,
product and process development following our recent success with the Advanced
Propulsion Centre funded Technology Developer Accelerator Programme.  He
brings proven leadership credentials, a pragmatic results-orientated approach,
and a wealth of relevant experience."

 

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 (Sales & Corporate Broking)
 Walbrook PR                                        Tel: +44 (0)20 7933 8780

 Tom Cooper / Nick Rome                             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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