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Transense Technlgy - Notice of Interim Results

RNS Number : 8258C
Transense Technologies PLC
13 February 2020
 

13 February 2020

Transense Technologies plc

("Transense" or the "Company")

 

Notice of Interim Results

 

Transense Technologies plc, the provider of sensor systems for the industrial, mining and transportation markets, will announce the interim results of the Company for the six months ended 31 December 2019 on Thursday 20 February 2020.

 

For further information please visit www.transense.co.uk or contact:

 

Transense Technologies plc

Graham Storey, Chief Executive

 

Tel: +44 (0) 1869 238380

 

finnCap

Ed Frisby, Giles Rolls, Matthew Radley (Corporate Finance)

Tim Redfern, Tim Harper (ECM)

 

Tel: +44 (0) 20 7220 0500

 

 

About iTrack II

 

The iTrack II Mining system provides real-time data on the condition of the tyres, combined with live tracking of vehicle location and status. Our 24/7 Control Room monitors the pressures and temperatures live, and this information can, for example, be used to ensure tyres do not exceed critical heat thresholds, to detect incorrect load distributions, predict suspension failures and eliminate manual tyre pressure checks. The Directors believe that these benefits maximise the hours a truck is working (Truck Uptime) and improve productivity by minimising maintenance requirements and using data to identify underperforming trucks. www.trans-logik.com/itrack-2/ 

 

About Transense Technologies

Based in Oxfordshire, UK, Transense has developed patent-protected sensor systems and supporting technology for use in a variety of diverse high growth markets. The Directors believe that Transense's Surface Acoustic Wave (SAW), wireless, battery-less, sensor systems offer advantages over legacy wireless sensor systems. Transense is targeting the transport and mining industries, and the global torque, temperature and pressure sensing markets, via its trading divisions, Translogik and SAWSense. www.transense.co.uk

Transense's shares are admitted to trading on AIM (AIM: TRT).


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Quick facts: Transense Technologies

Price: 44

Market: AIM
Market Cap: £7.18 m
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