Last checked at 23 Feb 2012 07:00
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For Release: Thursday 23rd February 2012
Translogik order from EDP for Michelin Euromaster
Transense Technologies plc ("Transense") (AIM: TRT), the provider of sensor systems for the transportation and industrial markets, is pleased to announce that its wholly-owned subsidiary, Translogik, has received an order for its commercial truck tyre inspection kits from its value-added-reseller and development partner, EDP. These kits will be deployed by EDP as part of its "Fleet Check" mobile tyre inspection system for Michelin Euromaster. It is anticipated that further orders will follow as the system is rolled out across Europe.
EDP (Electronic Data Process) is a French company based in Champfeuillet, with a regional office in Thailand. EDP specialises in software systems for commercial tyre management.
Jean-Luc Giusti, CEO of EDP commented: "EDP has been working with Euromaster for some time to develop a mobile fleet maintenance system capable of providing accurate, real-time data, across its service network in Europe. The EDP Fleet Check system is currently installed in 18 countries, and installations in six further countries are expected during 2012. EDP has a very strong relationship with Translogik and the professional truck tyre inspection kit is, in our opinion, the only product that offers the level of performance and accuracy in a device sufficiently rugged and easy to use, which would meet Euromaster's tough operational requirements. We have ambitious plans for this project and look forward to working in partnership with Translogik in delivering a world-class solution."
Graham Storey, CEO of Transense commented: "We are delighted that EDP has chosen the Translogik tyre inspection tools for the Michelin Euromaster programme. EDP has a strong presence within the European truck fleet market, and having our tools adopted by Europe's largest commercial tyre inspection provider is a tremendous endorsement as we look to develop the Translogik brand within the EU in line with our corporate strategy."
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 Euromaster
Euromaster is the leading integrated tyre service (from car tyre, heavy truck tyre, off road tyre, to agricultural and civil engineering tyre) and car maintenance network (including mobile tyre fitting) in Europe. Euromaster has 11,500 employees, 2800 repair trucks and 1680 service centres throughout Europe.
http://www.euromaster.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