Sapan Ghai, CCO at Sovereign Metals, discusses their superior graphite test results. Watch the video 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: 126.50
Bid: 125.00
Ask: 128.00
Change: 4.50 (3.69%)
Spread: 3.00 (2.40%)
Open: 122.00
High: 126.50
Low: 122.00
Prev. Close: 122.00
TRT Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

Strategic Distribution Agreement in Peru

16 Jul 2012 07:00

RNS Number : 6831H
Transense Technologies PLC
16 July 2012
 



RNS Reach For Release: Monday 16th July 2012

 

Transense Technologies plc

ELTROTEC S.A.C. and IntelliSAW Announce Strategic Partnership in Peru

 

Transense Technologies plc ("Transense" or the "Company") (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, has entered into a strategic distribution agreement with Green Electric Solutions S.A., a division of the Peruvian firm ELTROTEC S.A.C. ("ELTROTEC"). Based in Lima, Green Electric Solutions is focused on combining emerging technologies with advanced systems engineering for the electric power industry.

 

Peru's economy is steadily expanding, and with it, significant investments are being made in energy infrastructure to increase capacity and modernise the existing grid. For IntelliSAW, this represents an opportunity to further serve the South American market with sensor systems that enable the cost-effective management of wide-scale power grid networks through real-time condition-based monitoring. Using IntelliSAW's wireless passive sensors in conjunction with SCADA (supervisory control and data acquisition) systems technology, central offices can monitor the condition of hundreds of electric power substations simultaneously and identify with pinpoint accuracy those specific cabinets that may require service in order to avoid an outage incident.

 

Carlos Hugo Valle Angulo, General Manager of Green Electric Solutions, said: "We see an excellent synergy between the IntelliSAW capability, our current customers and the future direction of our business in support of the electric power industry in Peru. Condition-based monitoring is not a new concept, but the IntelliSAW products make thermal monitoring inside an enclosed cabinet a practical reality for the first time. We foresee strong customer demand."

 

Graham Storey, CEO of Transense, commented, "IntelliSAW welcomes the addition of Green Electric Solutions to its rapidly expanding global distributor network. Its parent, ELTROTEC, brings a solid reputation along with considerable expertise in electrical asset management solutions and we are pleased to join forces with their team. In addition to serving customers in Peru, this partnership strengthens IntelliSAW's presence in South America and furthers our overall strategy to implement strong coverage in emerging markets. We envisage a very bright future together."

 

 

 

 

For further information, please contact:

 

Transense Technologies plc

Tel: +44 (0) 1869 238 380

Graham Storey, Chief Executive

N+1 Brewin - Nominated AdviserAubrey Powell, Robert Beenstock

Tel: +44 (0)20 3201 3710

Hybridan LLP - Broker

Tel: +44 (0) 20 7947 4350

Claire Noyce, Deepak Reddy

Newgate Threadneedle

Tel: +44 (0) 20 7653 9850

Caroline Evans-Jones, Robyn McConnachie

 

 

Notes to Editors

 

About ELTROTEC and Green Electric Solutions

 

As a division of ELTROTEC S.A.C., Green Electric Solutions S.A. is a renowned Peruvian company leader in the supplying of electrical equipment for substations, as well as protection and control systems for electrical utilities.

Our professional expertise allows us to combine emerging technologies to provide each customer with the necessary solutions in order to achieve a reliable energy supply.

 

http://www.eltrotec.com.pe

 

 

About IntelliSAW

 

IntelliSAW, a trading division of Transense Technologies plc (AIM: TRT.L), develops and markets patent protected wireless, passive surface acoustic wave (SAW) based sensing systems targeted at challenging industrial applications. Its IS485 family of products provides temperature monitoring of critical electric power switchgear equipment in Smart Grid applications.

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.

The IS485 platform brings an advanced feature set as compared to legacy solutions on the market today, including twelve 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.

www.intellisaw.com

 

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").

www.transense.co.uk

 

About SCADA

 

SCADA (supervisory control and data acquisition) generally refers to industrial control systems(ICS): computer systems that monitor and control industrial, infrastructure, or facility-based processes.

 

About Condition-based maintenance (CBM) and monitoring

Condition-based maintenance (CBM) is maintenance when need arises. This maintenance is performed after one or more indicators show that equipment is going to fail or that equipment performance is deteriorating.

 

Condition-based maintenance was introduced to try to maintain the correct equipment at the right time. CBM is based on using real-time data to prioritise and optimise maintenance resources. Observing the state of the system is known as condition monitoring. Such a system will determine the equipment's health, and act only when maintenance is actually necessary.

 

 

 

 

 

 

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
NRAGGUWWMUPPGQW
Date   Source Headline
1st May 20247:00 amRNSDirector/PDMR - Acquisition of Shares
30th Apr 20245:00 pmRNSTotal Voting Rights
30th Apr 20247:00 amRNSTRT joins £37.8m LANDOne project with Airbus & ATI
17th Apr 20246:00 pmRNSTransaction in Own Shares & TVR
15th Apr 20242:51 pmRNSTransaction in Own Shares & TVR
28th Mar 20245:00 pmRNSTotal Voting Rights
25th Mar 20243:35 pmRNSTransaction in Own Shares & TVR
20th Mar 20249:10 amRNSRyan Maughan appointed as Managing Director
29th Feb 20245:00 pmRNSTotal Voting Rights
21st Feb 20242:40 pmRNSHolding(s) in Company
19th Feb 20247:00 amRNSInterim Results & Investor Presentation
15th Feb 20247:00 amRNSHolding(s) in Company
2nd Feb 20245:41 pmRNSTransaction in Own Shares & TVR
31st Jan 20245:00 pmRNSTotal Voting Rights
12th Jan 20247:00 amRNSDirector/PDMR Shareholding
11th Jan 20249:52 amRNSTransaction in Own Shares & TVR
8th Jan 20247:00 amRNSTranslogik Update – Appointment of Sales Director
1st Dec 20237:00 amRNSGrant of share options to Director and employee
30th Nov 20235:00 pmRNSTotal Voting Rights
30th Nov 202311:11 amRNSDirector/PDMR Shareholding
29th Nov 20233:01 pmRNSDirector/PDMR Shareholding
29th Nov 202310:45 amRNSResult of AGM
29th Nov 20237:00 amRNSAGM Statement & Trading Update
24th Nov 20231:11 pmRNSHolding(s) in Company
9th Nov 202312:12 pmRNSDirector/PDMR Shareholding
6th Nov 20234:48 pmRNSTransaction in Own Shares & TVR
25th Oct 202310:00 amRNSPosting of Annual Report & Notice of AGM
16th Oct 20233:23 pmRNSHolding(s) in Company
3rd Oct 20236:00 pmRNSHolding(s) in Company
28th Sep 20235:22 pmRNSHolding(s) in Company
27th Sep 20233:18 pmRNSHolding(s) in Company
26th Sep 20233:37 pmRNSDirector/PDMR Shareholding
25th Sep 202311:00 amRNSDirector/PDMR Shareholding
25th Sep 20237:00 amRNSFinal Results & Investor Presentation
22nd Sep 20239:25 amRNSHolding(s) in Company
31st Aug 20235:00 pmRNSTotal Voting Rights
29th Aug 20238:30 amRNSTransaction in Own Shares & TVR
23rd Aug 20237:00 amRNSNotice of Results & Investor Presentation
16th Aug 202310:03 amRNSHolding(s) in Company
11th Jul 20237:00 amRNSYear End Trading Update
30th Jun 20235:00 pmRNSTotal Voting Rights
22nd Jun 20234:24 pmRNSTransaction in own shares & TVR
19th Jun 20234:29 pmRNSHolding(s) in Company
16th Jun 20235:57 pmRNSTransaction in own shares & TVR
5th Jun 20237:00 amRNSSAW: Extension of scope of licence agreement
2nd Jun 20232:36 pmRNSTransaction in own shares & TVR
31st May 20235:00 pmRNSTotal Voting Rights
3rd May 20237:00 amRNSNew Automotive eDrive Business Contract
2nd May 202312:48 pmRNSAppointment of Non-Executive Director
2nd May 202310:23 amRNSTransaction in own shares & TVR

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.