The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksTransense Regulatory News (TRT)

Share Price Information for Transense (TRT)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 127.50
Bid: 125.00
Ask: 130.00
Change: 2.00 (1.59%)
Spread: 5.00 (4.00%)
Open: 125.50
High: 127.50
Low: 125.50
Prev. Close: 125.50
TRT Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

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
 
END
 
 
NRADBGDBUUBBGDL
Date   Source Headline
30th Jan 20092:37 pmRNSDirectorate Change
30th Jan 20091:47 pmRNSContract Win
12th Jan 20091:12 pmRNSHolding(s) in Company
22nd Dec 20083:33 pmRNSWaiver & Grant of New Options
12th Nov 200811:50 amRNSUpdate re Vectron International
21st Oct 20082:17 pmRNSHolding(s) in Company
20th Oct 200812:52 pmRNSDirector/PDMR Shareholding
17th Oct 20087:30 amRNSResponse to share price movement
13th Oct 200810:04 amRNSHolding(s) in Company
9th Oct 200810:09 amRNSHolding(s) in Company
19th Sep 200812:07 pmRNSHolding(s) in Company
16th Sep 20082:52 pmRNSDirector/PDMR Shareholding
4th Sep 20087:00 amRNSInterim Results
29th Aug 20083:45 pmRNSNotice of Results
26th Aug 20083:58 pmRNSHolding(s) in Company
30th Jul 200812:01 pmRNSHolding(s) in Company
29th Jul 20082:29 pmRNSHolding(s) in Company
15th Jul 20082:00 pmRNSRe Agreement
25th Jun 20087:00 amRNSDirector/PDMR Shareholding
2nd Jun 20087:19 amRNSDirectorate Change
15th Apr 20082:58 pmRNSDirector/PDMR Shareholding
15th Apr 200812:46 pmRNSPreliminary Results
10th Apr 20089:05 amRNSNotice of Results
4th Apr 20083:49 pmRNSHolding(s) in Company
3rd Apr 200812:47 pmRNSDirectorate Change
20th Mar 20084:24 pmRNSHolding(s) in Company
20th Mar 20084:19 pmRNSHolding(s) in Company-Amend
19th Mar 20084:00 pmRNSTotal Voting Rights
18th Mar 20082:49 pmRNSHolding(s) in Company
11th Mar 20085:43 pmRNSDirector Details
25th Feb 20082:41 pmRNSHolding(s) in Company
8th Feb 20087:30 amRNSDirector Declaration
8th Feb 20087:00 amRNSBoard and Adviser Change
16th Jan 20082:47 pmRNSHolding(s) in Company
4th Jan 200812:08 pmRNSResult of General Meeting
13th Dec 200710:08 amRNSGrant of Options
10th Dec 200712:56 pmRNSFurther update
7th Dec 20078:00 amRNSAdditional Listing
3rd Dec 200712:18 pmRNSProposed Directorate Changes
21st Nov 20077:30 amRNSRestoration - Transense Techn
21st Nov 20077:30 amRNSFurther Update
20th Nov 200712:14 pmRNSHolding(s) in Company
16th Nov 20073:51 pmRNSResult of EGM
16th Nov 20073:51 pmRNSSuspension - Transense Tech
16th Nov 200710:47 amRNSHolding(s) in Company
15th Nov 20077:03 amRNSGeneral Meeting update
13th Nov 20073:58 pmRNSSchedule 1 - Transense Techno
13th Nov 20077:00 amRNSGeneral Meeting update
2nd Nov 20075:51 pmRNSSchedule 1 - Transense Techno
2nd Nov 200712:53 pmRNSConference Call

Due to London Stock Exchange licensing terms, we stipulate that you must be a private investor. We apologise for the inconvenience.

To access our Live RNS you must confirm you are a private investor by using the button below.

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.