Transense Technologies plc (the 'Company' or 'Transense')
25th May 2010
Re RFID Chile Field Trial Expansion
Transense is pleased to announce that its subsidiary, Translogik Limited
('Translogik'), has agreed to expand the field trial for its Off-the-Road (OTR)
Tyre Pressure Monitoring System (TPMS) to an additional four systems, at the
request of its South American distributor, RFID Chile. This is further to the
RFID Chile distribution agreement announced on 30th April.
The initial field trial at a Chilean copper mine operated by the State mining
company, Codelco, continues as planned, however, the OTR TPMS system will now be
evaluated at additional locations run by a multinational mining company. The
Translogik OTR TPMS system incorporates a Dynamic Vehicle Information (DVI)
system that allows critical vehicle information on tyre temperature and pressure
to be displayed directly to the driver via an 'in-cab' display, whilst
simultaneously logging and uploading live data such as braking, fuel consumption
and location to a central location via GPRS and GPS.
Graham Storey, CEO of Transense, commented 'Our engineers recently returned from
Chile, having spent a week working with RFID Chile and Codelco, setting up our
OTR TPMS systems on their Komatsu 830E dumper trucks. Initial feedback has been
extremely positive and further presentations at other mines have resulted in a
request for this additional paid trial, which will commence in one month's time
when our engineers will return to the region. We are very pleased and encouraged
with the rapid progress we are making".
Max von Dessauer, CEO of RFID Chile, said "There is a pressing need within the
mining community in Chile and beyond, for exactly the product offered by
Translogik. Data capture and real-time solutions are a vital tool in the
management of mining assets. Minimising downtime is the all important goal in
this arena, and the ability of the Translogik DVI system to provide live data
monitoring no matter what the vehicle's location, make it an invaluable tool
towards that goal, with considerable value to the mining industry".
Contacts:
Transense Technologies PLC
Graham Storey    01869 238380
Laren Yeomans
Brewin Dolphin Investment Banking
Neil Baldwin     0845 213 4730
Sean Wyndham-Quin
Hybridan LLP - Brokers
Claire Louise Noyce - Managing Partner    020 7947 4350
Stephen Austin
About RFID Chile
RFID Chile specializes in RFID based mining applications in Latin America and
has an existing tire tracking product, ITS-TIR, which utilizes mobile and fixed
RFID readers to track tires marked with EPC RFID tags. RFID Chile is based in
Santiago.
www.rfid.cl
About Translogik
Translogik Limited is a provider of innovative technology solutions for Data
Capture and Asset Management to the Commercial vehicle and Industrial markets.
Translogik Limited is a wholly owned subsidiary of Transense Technologies PLC.
Transense is listed on the Alternative Investment Market of the London Stock
Exchange (TRT).
www.trans-logik.com <
http://www.trans-logik.com/>
About Transense
Transense Technologies is a technology transfer company based in Upper Heyford,
Oxfordshire. Transense develops Surface Acoustic Wave (SAW), wireless,
batteryless, sensor systems in partnership with its licensees and partners,
Honeywell, Melexis, Michelin, Sengenuity, Stack, Tai-Saw, Texas Instruments,
SCHOTT, McLaren Electronic Systems and Carbon Motors.
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).
www.transense.co.uk <
http://www.transense.co.uk/>
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