RCS - Transense Technlgy - Translogik Update – Appointment of Sales Director

Transense TechnologiesAnnouncement

08/01/2024 07:00

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RNS Number : 8602Y  Transense Technologies PLC  08 January 2024

 

Reach announcement (non-regulatory announcement)

 

Transense Technologies plc

 ("Transense" or the "Company")

 

Translogik Update - Appointment of Sales Director

 

Transense Technologies plc, the provider of specialist sensing solutions and
measurement systems, announces that it has appointed Kevin Hennelly as Sales
Director at its Translogik business unit.

 

Mr Hennelly's extensive experience includes more than 15 years in the
commercial vehicle fleet telematics industry at global telematics business
Teletrac Navman. More recently he was Sales Director at UK-based fleet
technology specialist Lightfoot, where he delivered rapid growth over a
five-year period.

 

Kevin's priority will be increasing the reach of Translogik's market leading
TLGX tyre inspection range and deepening the Company's relationships with its
existing customers.

 

Translogik tyre inspection tools are used by the world's leading tyre
suppliers, service centres and vehicle fleet operators, to digitally capture
safety critical tyre inspection data, and manage tyre inventory and
installation.

 

With the fitment of tyre pressure monitoring systems to all trucks and
trailers now required by law in Europe, and increased safety regulations for
commercial vehicles throughout the world, Translogik is entering an exciting
period for potential growth, bringing new products and services to market.
Kevin's recruitment is part of a larger overall expansion at the business
which has seen it add six additional members of staff to bolster engineering,
administration, and marketing functions of the company's businesses for 2024.

 

Nigel Rogers, Executive Chairman of Transense Technologies plc said: "Kevin
brings a great track record of success in the commercial vehicle telematics
industry. He has won and managed major accounts and has existing strong
relationships with bluechip vehicle fleet operators.  It's an exciting time
for our business and we're confident that Kevin will play a big part in our
future growth."

 

Kevin Hennelly said: "Tyres are a huge costly line item within any fleet.
Better management and data capture will improve compliance and have a positive
impact on fuel consumption, or in the case of an EV, range. This not only
helps to reduce costs but also reduces harmful emissions produced by the
production and use of tyres. From a safety point of view, there are hundreds
of deaths or serious injuries on UK roads each year directly attributed to
defective tyres.  I am very happy to be bringing Translogik products to a
wider market to help improve road safety and reduce fleet operating costs."
 

 

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)

 Stefano Aquilino / Tony Quirke (Sales & Corporate Broking)
 Walbrook PR                                                      Tel: +44 (0)20 7933 8780

 Tom Cooper/Nick Rome/Joe Walker                                  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 aerospace, automotive (high performance and off-road) and
complex machine control.

 

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

 

For further information please contact transense@walbrookpr.com.

 

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