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RCS - Transense Technlgy - SAW Update

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RNS Number : 9920K  Transense Technologies PLC  11 May 2022

Reach: Non-regulatory announcement

 

 

Transense Technologies plc

("Transense")

 

SAW Update - Appointment of Business Development and Marketing Manager

Transense Technologies PLC (AIM: TRT), the provider of specialist sensor
systems, is pleased to announce the appointment of Jordan Taylor to a newly
created position of Business Development and Marketing Manager for the
Transense SAW business.

Jordan is an experienced Marketing and Business Development professional, and
has previously worked alongside Transense director, Ryan Maughan, at AVID
Technology, a leading company in electrification and heavy-duty automotive
markets. In addition, he has extensive business experience in Asia having
lived and worked in Japan for several years.

Jordan's appointment will increase the business's capability to support new
and existing customers and help them to adopt the Transense SAW technology.

Nigel Rogers, Executive Chairman, said: "We have created this new role to
build capacity in the business to manage our opportunity pipeline for SAW
technology in the automotive electric drive and industrial machinery markets.
Adding an experienced business development professional such as Jordan to the
team can help to accelerate new business conversion and raise the profile of
the company and technology in the market."

 

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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