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Pin to quick picksTransense Share News (TRT)

Share Price Information for Transense (TRT)

London Stock Exchange
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Share Price: 116.50
Bid: 115.00
Ask: 118.00
Change: 8.00 (7.37%)
Spread: 3.00 (2.609%)
Open: 108.50
High: 117.50
Low: 107.00
Prev. Close: 108.50
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Transense Tech To Work With GE To Develop Instrumentation Applications

Mon, 18th May 2015 06:38

LONDON (Alliance News) - Transense Technologies PLC Monday said it is working with US industrial giant General Electric Corp to develop new instrumentation applications using Transense's wireless, passive Surface Acoustic Wave measurement technology.

The British company said the development aligns the Transense SAW technology expertise with GE's proficiency in large scale production and product delivery, opening up new global opportunities.

"Working with an industry leading developer of world-class technology applications is exactly the right platform for Transense's SAW technology to enter the commercial environment. We look forward to working further with GE to strengthen their product offerings, bringing the benefits of our technology to the infrastructure markets GE serves," Transense Chief Executive Graham Storey said.

By Steve McGrath; stevemcgrath@alliancenews.com; @stevemcgrath1

Copyright 2015 Alliance News Limited. All Rights Reserved.

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