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IntelliSAW Volume Production Shipments

17 Jan 2012 07:00

RNS Number : 6576V
Transense Technologies PLC
17 January 2012
 



January 17, 2012

IntelliSAW announces volume production shipments.

Transense (AIM: TRT), the provider of sensor systems for the transportation and industrial markets, is pleased to announce that its trading division, IntelliSAW,  a leading provider of next generation wireless sensor systems for smart grid applications, is now shipping volume production quantities of its IS485 wireless temperature monitoring system. Launched in September 2011, these systems are being deployed in smart grid power distribution assets where they will provide critical performance data to enhance robustness of the power grid. Industry experts estimate the market opportunity for sensors in Smart Grid applications to reach $85.5bn by 20141.

IntelliSAW's IS485 platform brings an advanced feature set as compared to legacy solutions on the market today, including 12 independent sensor frequencies and four antenna connections per reader which combined allow for up to 48 sensors per system. Further innovative advances in interrogation protocols, differential sensor topology, and microcontroller architecture serve to resolve a number of known issues with existing solutions including sensor drop-out, challenging system set-up processes, positional dependence of sensor calibration, and non-compliance to high voltage application environments.

Graham Storey, CEO of Transense commented, "We have been delighted with the progress made by the IntelliSAW team since launch in September last year. The Board believes that the market opportunity for IntelliSAW is significant, and in line with the Company's revised strategy of seeking out new routes to market for its wireless & battery-less sensing technology to generate additional near-term income. Reaching volume shipping is a significant milestone and, with distributors now in place in Taiwan, China and Brazil, we continue to explore further partners with which to enter additional markets."

Tom Cunneen, CEO of IntelliSAW noted: "We are very pleased with the progress we have made in bringing the IS485 platform to market. Our team's extensive experience with this technology, and in the smart grid application space have allowed us to offer a very robust, feature enhanced solution that is well aligned for these tough, industrial environments. Moreover, it is very gratifying to see the high degree of market acceptance that our solution has been met with."

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.

 

1 ZPryme Research, December 2009

 

For further information, please contact:

 

Transense Technologies plc

Tel: +44 (0) 1869 238 380

Graham Storey, Chief Executive

Brewin Dolphin - Nominated Adviser

Tel: 0845 213 1000

Aubrey Powell/ Robert Beenstock

Hybridan LLP - Broker

Tel: +44 (0) 207 947 4350

Claire Noyce, Tim Goodman, Deepak Reddy

Newgate Threadneedle

Tel: +44 (0) 207 653 9850

Caroline Evans-Jones, Robyn McConnachie

 

 

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's shares are admitted to trading on AIM, a market operated by the London Stock Exchange (AIM: "TRT").

 

For further information, please visit www.transense.co.uk; www.intellisaw.com; www.trans-logik.com 

 

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
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