Last checked at 12 Dec 2011 07:00
12 December 2011
Transense Technologies plc
(the 'Company' or 'Transense')
Exclusive Distribution Agreement in Brazil
Transense (AIM: TRT), the provider of sensor systems for the transportation and industrial markets is pleased to announce that its trading division, IntelliSAW, has entered into an exclusive distribution agreement with Adperc of Brazil. Adperc has forecast sales of the IntelliSAW monitoring system in Brazil of at least $2.8 million over the next three years and will have to achieve this to maintain exclusivity in the territory. Adperc will provide distribution, system integration and marketing services for IntelliSAW's innovative wireless/passive temperature monitoring system throughout Brazil in electric power transmission and distribution systems. Brazil has been identified by the Directors as a key geographical region for IntelliSAW. The partnership provides a foundation for the adoption of IntelliSAW's technology within Brazil's high growth Smart Grid market.
Adperc is a supplier of critical test, control, and monitoring equipment for the electric power industry, with offices in Sao Paulo and Rio de Janeiro. Founded in 1985, Adperc has established relationships with key players within the Brazilian power generation and distribution markets.
Access to IntelliSAW's unique electrical switchgear temperature monitoring system will allow Adperc to expand its portfolio of services into the Smart Grid arena where IntelliSAW's technology provides real-time, continuous monitoring of mission-critical electric power substation switchgear.
IntelliSAW's proprietary solution is wireless and does not require any power to the sensors affording ease of installation and system commissioning while avoiding introducing any arcing or flashover concerns. Moreover the IntelliSAW system outputs data directly onto existing communication networks using standard protocols allowing for instantaneous monitoring and control.
Adalberto Pereira Junior, Commercial Director of Adperc, commented "We are excited to add the new state-of-the art IntelliSAW electrical monitoring system to our range of solutions in the Smart Grid space. The robust, flexible and highly-scalable architecture of the IntelliSAW system lends itself ideally to the inhospitable environments encountered in switchgear installations, as there is no longer any requirement to access the sensors after installation; reducing on-going maintenance costs, improving safety for service personnel and maximising system uptime."
Graham Storey, CEO of Transense commented, "We are delighted that IntelliSAW has secured Adperc as its exclusive distributor to the Brazilian market. Brazil is a huge growth area for Smart Grid technology, and Adperc's significant presence in this market provides IntelliSAW with a strong partner in the region. The continued success of IntelliSAW is further validation of our corporate strategy to focus on building and selling products which leverage our technology to gain access into markets where our wireless and battery-less sensor and reader IP provide distinct advantages."
For more information, please contact:
Transense Technologies plc | Tel: +44 (0) 1869 238 380 |
Graham Storey, Chief Executive | |
IntelliSAW | Tel: +1 978 409 1534 |
Thomas Cunneen, Chief Executive | |
Brewin Dolphin - Nomad | Tel: 0845 213 4726 |
Neil Baldwin | |
Hybridan LLP - Broker | Tel: +44 (0) 207 947 4350 |
Claire Noyce / Tim Goodman / Deepak Reddy |
About Adperc
Established in 1985 as a systems and service provider to the electric power industry in Brazil. Headquartered in Sao Paulo with a branch office in Rio de Janeiro, the company represents leading international companies bringing advanced technology to the energy sector.
http://www.adperc.com.br
About Transense Technologies
Based in Oxfordshire, UK, Transense has developed patent-protected sensor systems for use in diverse high growth markets. Developed in conjunction with partners including McLaren Electronic Systems and General Motors, Transense's Surface Acoustic Wave (SAW), wireless, battery-less, sensor systems offer significant advantages over legacy wireless sensor systems. Via two wholly owned divisions, IntelliSAW and Translogik, Transense is targeting the high growth global electrical Smart Grid applications market and the transport industry respectively.
Transense's sensors are also being used in the wind turbine monitoring industry. The Company is part of a consortium of nine companies ("IntelWind") that has begun development on a major EU funded project to improve the efficiency of wind turbines.
Transense is listed on the Alternative Investment Market of the London Stock Exchange (TRT)
For further information, please visit www.transense.co.uk; www.intellisaw.com; www.trans-logik.com