Final Results and Notice of AGM

About this update from Transense Technologies Plc

RNS Number : 7625N Transense Technologies PLC 03 October 2012   03 October 2012   Transense Technologies plc Final Results   Transense Technologies plc (AIM:TRT) ("Transense" or the "Company"), the provider of sensor systems for the transportation and industrial markets, is pleased to announce its final results for the 18 months ended 30 June 2012.      Highlights   ·     Both of the Company's trading divisions, Translogik and IntelliSAW, have made significant strides in expanding sales and partner networks ·     IntelliSAW starting pilots for its smart grid wireless sensor systems at several major industrial sites with more pilots expected to follow ·     Translogik, the transport industry division, secured initial order for iTrack from Kumba Iron Ore, a wholly owned subsidiary of Anglo American Plc ·     Successful placing in June raising £1.76m   Graham Storey, CEO, commented: "We are extremely positive about the developing opportunities to exploit Transense's sensor expertise through IntelliSAW and Translogik.  The new IntelliSAW pilots are at major industrial sites and success at any of these could lead to volume orders for the IS485 system.   "The iTrack order from Kumba represents the first commercial success for Translogik's iTrack system in South Africa and we are hopeful that the global exposure within the mining industry that this order has provided will translate into further commercial successes as we promote the global deployment of iTrack.  We have already seen an example of this with the new AutoRFID pilot and are confident that more will follow." Notice of Annual General Meeting The Company announces that its Annual General Meeting of shareholders will be held at 3 Lloyd's Avenue, London, EC3N 3DS at 11:00 a.m. on 26 October 2012. The Annual Report and Accounts for the 18 months ended 30 June 2012 and Notice of Annual General Meeting will be posted today to those shareholders who have requested hard copies. Electronic copies will also be made available within the 'Investors' section on the Company's website at www.transense.co.uk. For further information, please contact:   Transense Technologies plc Tel: +44 (0) 1869 238 380 Graham Storey, Chief Executive N+1 Brewin - Nominated Adviser Aubrey Pow...

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