Last checked at 29 Apr 2009 13:08
Transense Technologies plc (the 'Company')
29 April 2009
Re Joint Development with McLaren Electronic Systems Ltd
Transense Technologies plc is pleased to announce that it is working with McLaren Electronic Systems Ltd (MESL), to incorporate Transense Sensors into some of their Motorsport systems.
Dr Peter Van Manen, Managing director of MESL, commented "we are delighted to be working with Transense and have found their technical assistance on the project invaluable."
Norman Smith, CEO of Transense, commented "Working with MESL has been a challenging and highly motivating experience for the Transense Staff. We look forward to the continued development of our relationship with MESL."
Contacts:
Transense Technologies PLC
Melvyn Segal 01869 238380
Norman Smith 01869 238380
Brewin Dolphin Investment Banking
Neil Baldwin 0845 213 4730
ENDS
About McLaren Electronic Systems Ltd (MESL)
McLaren Electronic Systems develops, manufactures and deploys control and data systems for a worldwide professional motorsport market and for other automotive, transport and manufacturing applications. It is an independent trading company of the McLaren Group, based in Woking, UK.
About Transense
Transense Technologies is a technology transfer company based in Upper Heyford, Oxfordshire. Transense develop Surface Acoustic Wave (SAW), wireless, batteryless, sensor systems in partnership with its licensees, Honeywell, Melexis, Michelin, Tai-Saw, Sengenuity, Stack and Texas Instruments.
Current applications include Tyre Pressure Monitoring Systems (TPMS) and torque
systems for Electrical Power Assisted Steering (EPAS) and driveline management.
Transense is listed on the Alternative Investment Market of the London Stock
Exchange (TRT).