I have been in and out of this since it was around late 20s. I think there may be potential in the short/medium term.

Hi azhar.Why do you think there is potential : I am not suggesting there is not?
Unable to find good info on it.Have you read the Licence Agreement article
-Nov 25.It is worth a read and/or more info from -- dlm@melexis.com rgds aj

"The major push forward for TPMS starts in November this year when it will be
obligatory in America for certain categories of new vehicles such as passenger
cars to start using pressure warning systems. Undoubtedly, larger commercial
vehicles, which are outside current legislation, will also fall into line
because of those safety and operating costs associated with tyre blowouts. The
first of these systems, which is already in the market place, is battery
operated. We feel the Transense TPMS still gives us a major edge over these
competing products.

The Company also continues to make steady progress in other areas such as
electric power steering and has recently developed and patented a new SAW
device, which will extend our patents in this area for a further 20 years. Our
licensees are still on target for systems incorporating our technology to go
into production in 2005."

ONDON (AFX) - Transense Technologies PLC said it has signed an exclusive
licence agreement with Belgium's Melexis Microelectronic Integrated Systems NV,
replacing a deal with Atmel Grenoble announced in July 2000.

Under the agreement, Melexis will manufacture a radio frequency Application
Specific Integrated Circuit (ASIC) incorporating Transense's Surface Acoustic
Wave (SAW) interrogation technology for use in torque measurement and tyre
pressure and temperature monitoring.

Transense will receive a royalty on all ASICs sold incorporating its SAW
technology

Transense delays TPMS volume production, unlikely to commence until late 2004
TRS ERN PRD/GBR/AUT/

LONDON (AFX) - Transense Technologies PLC said it has delayed the
commencement of volume production of its patented tyre pressure monitoring
systems (TPMS) and believes it is unlikely to commence until late 2004, with
cash receipts becoming due in early 2005.

Great info.Certainly worth me/others looking into rgds aj

Up a wee bit today

From UK Analyst

Buy Transense Technologies
argues Rob Cullum of Trendwatch

In the autumn of 2000, the share price Transense Technologies was as high as 700p (after adjusting for a share split). At one point it lost 97% of its value. However, the factors that attracted investors attention then are still in place now. Transense is an intellectual property owner. It doesnt make anything. Indeed, it has only 20 staff. What it does have is six patents on innovative vehicle components, most notably its tyre pressure monitoring system.

Transenses device uses a principle first discovered in 1888 by the distinguished scientist Lord Raleigh. He did a lot of research on sound propagation, notably surface acoustic waves (SAW). The physics is too esoteric to go into here. Suffice to say that the principle can be adapted to measure tyre pressure. SAW devices are already a well-established technology. Hundreds of millions are produced each year. There are about half a dozen in your average mobile phone.

The potential for this device is huge. Worldwide, about 1bn tyres are manufactured each year. A recent report by Sensor Business Digest, forecast that, by 2005, the automotive pressure sensor market would be worth $1.345bn a year in sales (200m units). Consumers will love it. Market research shows that 90% of vehicle owners put this device in the top 5 desired features. Thats because the vast majority of drivers dont check tyre pressures routinely. They wait until the tyre looks flat if indeed they notice at all.

That leads to the safety arguments. In France, incorrectly inflated tyres cause an estimated 6% of fatal motorway accidents. In the US, an estimated 250,000 accidents a year are attributed to low tyre pressure. Following a series of fatal accidents in the US caused by flawed Goodyear tyres fitted to Ford vehicles, legislation was passed in the US requiring that every new tyre must have a pressure sensor installed from October this year.

Transense doesnt have a monopoly of the market. It does have competitors, primarily Schrader-Bridgepoint of the US (owned by Tomkins of the UK) and Beru of Germany. However, Transense is thought to have competitive advantages. Its device is so miniaturised that it can fit into the space taken by the tyre valve. The protruding tyre valve acts as an antenna, which transmits the data to an in-car monitor, and thence to a dashboard display. Its accurate, inexpensive and monitors continuously, even when the vehicle is stationary.

Even more important, unlike its competitors, the Transense device is passive it requires no battery power. Thats important. When hundreds of millions of worn out tyres are thrown away with toxic lithium batteries inside, thats a very serious pollution problem. In June 2001, Transense signed a worldwide licensing agreement with Michelin. The agreement gave Michelin the exclusive use of SAW technology in its tyres. Several other major companies around the world, notably US giant Honeywell, have also been licensed as volume manufacturers.

So What Aren't The Shares Soaring?

SAW devices are ideal for use in systems other than tyres pressure monitors, such as electric power assisted steering. This is much easier to install than traditional hydraulic power assistance, which will probably be phased out from new cars by 2010. This is clearly a great story but if Transense is so great, how come its shares are not rocketing? Well, the trouble is: no one is producing the device in significant volumes... yet. Volume production was thought likely to commence this year. Now, Transense says its likely to be late 2004.

What were seeing here is another example of the extreme conservatism of the motor industry. It always takes years longer than anyone thought possible to get the industry to bite the bullet on new technology. But we believe it will all come right for the company before too long. Our optimism is based on several factors: Michelins continued support, the superiority of its technology and the US legislative requirements.

If were right, then as soon as there is an announcement on the start of volume production, the share price is likely to soar Analysts believe it could get up to 71p for each tyre produced. That doesnt sound much; but on millions of tyres, it adds up to millions of pounds. The shares could well double or treble in a short space of time. That means you ought to be in the share sooner rather than later, even if it means your capital is dormant for weeks or months. Recently, the share price has been slipping due to lack of news. This is your opportunity to BUY.

Key Data

EPIC: TRT
NMS 5000
Spread 48p - 50p
Market Cap 26.36 million

Up 4% today

Transense Technologies PLC
16 December 2003



Date: 16 December 2003
On behalf of: Transense Technologies plc ('Transense' or 'the Company')
Embargoed until: 0700 hrs


Transense Technologies plc

Expansion of Tyre Sensor Licence Agreement with 3DM


Transense Technologies plc, developer and licensor of wireless sensor technology
for the automotive industry, today announces that it has signed a supplemental
agreement with 3DM Worldwide plc ('3DM'). The agreement with 3DM, a leader in
plastics technology intellectual property, extends the scope of the field-of-use
allowed under its tyre sensor licence agreement.

3DM's original licence agreement with Transense restricted 3DM to only using
sensors that were moulded into the actual wheel. This new agreement extends the
potential field-of-use to any part of an overall wheel.

3DM's licence is non-exclusive licence, although Transense has also agreed that
it will not grant a similar licence to any company whose primary business is
wheel manufacturing before 30 September 2004.

On 24 November 2003, 3DM announced that, with the consent of Transense, it had
agreed to grant to Global Tech International Inc. ('GTII') a sub-licence for the
use of the SAW tyre sensor technology. Under that agreement, GTII will pay
150,000 to 3DM as well as a royalty equal to 115% of the royalty payable by 3DM
to Transense under the terms of the head licence. The sub-licence will apply
for the duration of the head licence, which is for the life of the patents and
know-how and of any improvements, but only to the NAFTA area, with 3DM retaining
rights to the rest of the world. This widening of the licence could be of
particular advantage to GTII, which is currently in discussions with one of the
leading US automotive groups.

3DM will pay 50,000 to Transense for widening the head licence's field-of-use,
and 3DM will in turn receive 100,000 from GTII for extending the field-of-use
change to the sub-licence agreement. GTII is currently being acquired by
Longborough Capital plc which is 20% owned by 3DM.

James Perry, Chief Executive of Transense, said:

'I am very pleased that 3DM has requested the extension of the scope of its tyre
pressure monitoring licence to include sensors attached to the wheel and to the
valve. We have been testing a new in-valve system developed over the past year
and, having successfully demonstrated it to 3DM recently, 3DM decided to broaden
its licence to enable 3DM's sub-licensee to progress its discussions with a
leading US automotive manufacturer.'

Ken Brooks, Chairman of 3DM Worldwide plc, said:

'With the imminent introduction of new tyre sensor legislation in the USA, this
agreement could be extremely valuable for GTII in its discussions with a major
US auto company and, in addition to the additional sub-licence fee, 3DM would
directly benefit from any contract wins through both royalty income and our 20%
stake in Longborough.'

Further information about Transense can be found at:
www.transense.co.uk

Further information about 3DM can be found at the new website -

www.3dmworldwide.com


For further information:

Transense Technologies plc
James Perry, Chief Executive Tel: +44 (0) 1869 238380
james.perry@transense.co.uk
Redleaf Communications (Media enquiries re Transense) www.redleafpr.comEmma Kane/Nick Lambert Tel: +44 (0) 207 955 1410


3DM Worldwide PLC
Ken Brooks, Chairman Tel: +44 (0) 1993 779 468
kenb@3dmworldwide.com
Bankside Consultants Ltd (Media enquiries re 3DM) www.bankside.comAriane Vacher/Chris Munden Tel: +44 (0) 744 4140


Notes to Editors:

About Transense Technologies plc

Transense was founded in 1991 and its shares were listed on AIM in 1999;

Transense's technology is divided into two business streams: Torque
measurement and Pressure measurement;

Current licensees of Transense's technology include SmarTire, 3DM,
Michelin, Honeywell, Melexis Microelectronic Integrated Systems NV, Temex
Microsonics, Tai-Saw and TT electronics;

From 1 January 2004, it will be mandatory for tyre sensors to be attached
to all vehicles manufactured in the USA that weigh 10,000 pounds or less.
This legislation has been driven by a mixture of safety and environmental
concerns. Tyre problems are one of the most common causes of vehicle
breakdowns, while hundreds of thousands of accidents each year in the USA
are attributed to low tyre pressures. Under inflated tyres also produce
greater road resistance, more rapid tyre wear and higher fuel consumption.
Surface Accoustic Wave sensors deliver accurate pressure readings quickly
and directly to the driver, they are small and inexpensive to manufacture,
and they do not need batteries.

Further information on Transense is available at the Company's website at
www.transense.co.uk

Serious Negatives - in my opinion :-

Paragraph :- So why are not the shares soaring in price / Industry not
producing in volume.Why not? They say conservative.I disagree.

Paragraph :- Also,3D licence not exclusive.
rgds aj

Transense Technologies plc
AGM Statement


The following statement will be made by the Chairman of Transense Technologies
plc, Peter Woods, at the Company's Annual General Meeting, which is due to be
held at 11:30hrs today:

'Opportunities are running at an increased rate over last year and we are at an
advanced stage in several licence negotiations. I anticipate that at least one
new licence with a major Company will be signed in the near future.

'Apart from Tyre Pressure Monitoring Systems we now have seven torque
application projects under negotiation. I am not saying that these will all come
to fruition but the feedback we are getting from licensees such as Honeywell and
Melexis is very positive.

'We are finding that now, with the active support of our major supply licensees,
we are able to give joint presentations to tier one major suppliers and the
vehicle manufacturers themselves. Our technology is being received favourably
and more doors are beginning to open.

'Most of what we do with our licensees is covered by strict confidentiality
agreements, therefore I cannot say very much. However, it is pleasing to be able
to report that we have recently received an advanced royalty payment from
Michelin which demonstrates that company's ongoing commitment to the tyre
pressure-monitoring program we have with them.'

Transense Technologies shares climbed over 20% higher, with a 7 1/2p gain to 43p, after the group said opportunities are running at an increased rate over last year.

The group also said it is at an advanced stage in several licence negotiations, one of which - with a major company - should be signed in the near future.


http://www.thisislondon.co.uk/news/business/articles/timid78550?source

http://www.money.telegraph.co.uk/money/main.jhtml;$sessionid$SB3DV3AL5LWARQFIQMFSFFWAVCBQ0IV0?xml=/money/2004/05/22/cxmktrep22.xml&menuId=243&sSheet=/money/2004/05/22/ixfrontmarkets.html&menuId=243&_requestid=40854

"Transense Technologies surged 7.5 to 43p after revealing it had received an advanced royalty payment from Michelin for its tyre pressure monitoring progamme."

yesterday's Independent headlines:

http://www.citywire.co.uk/partner/default.asp?section=0&vid=65324

"Friday Lunchtime Market: Transense surges on contract hopes
Published: 13:05 Fri 21 May 2004
By Dylan Lobo, Market Reporter

Strength in the mining and banking sectors holds the FTSE together and AIM-listed Transense Technologies surges on indications that business is set to boom.

Transense Technologies (TRT) soared by 7.5p, or 21.1%, to 43p after saying that its opportunities have increased over the last year and at least one new licence with a major company will be signed in the near future. The group added that it is in advanced licence negotiations with several other firms."

Transense Technology was the star of the day after publishing an upbeat AGM statement claiming that opportunities were running at a greatly increased rate than last year and that it was on advanced stage negotiations on several license deals one of which should be signed soon. It also said that it had just received a cash payment from Michelin which will be welcome because, as at march 31st net cash was down to just 1.8 million pounds and cashburn was running at 100,000 pounds a month. The shares raced ahead by 7.5p to 43p valuing Transense at 18 million pounds

From UK Analyst (Dec2003)

Buy Transense Technologies
argues Rob Cullum of Trendwatch

In the autumn of 2000, the share price Transense Technologies was as high as 700p (after adjusting for a share split). At one point it lost 97% of its value. However, the factors that attracted investors attention then are still in place now. Transense is an intellectual property owner. It doesnt make anything. Indeed, it has only 20 staff. What it does have is six patents on innovative vehicle components, most notably its tyre pressure monitoring system.

Transenses device uses a principle first discovered in 1888 by the distinguished scientist Lord Raleigh. He did a lot of research on sound propagation, notably surface acoustic waves (SAW). The physics is too esoteric to go into here. Suffice to say that the principle can be adapted to measure tyre pressure. SAW devices are already a well-established technology. Hundreds of millions are produced each year. There are about half a dozen in your average mobile phone.

The potential for this device is huge. Worldwide, about 1bn tyres are manufactured each year. A recent report by Sensor Business Digest, forecast that, by 2005, the automotive pressure sensor market would be worth $1.345bn a year in sales (200m units). Consumers will love it. Market research shows that 90% of vehicle owners put this device in the top 5 desired features. Thats because the vast majority of drivers dont check tyre pressures routinely. They wait until the tyre looks flat if indeed they notice at all.

That leads to the safety arguments. In France, incorrectly inflated tyres cause an estimated 6% of fatal motorway accidents. In the US, an estimated 250,000 accidents a year are attributed to low tyre pressure. Following a series of fatal accidents in the US caused by flawed Goodyear tyres fitted to Ford vehicles, legislation was passed in the US requiring that every new tyre must have a pressure sensor installed from October this year.

Transense doesnt have a monopoly of the market. It does have competitors, primarily Schrader-Bridgepoint of the US (owned by Tomkins of the UK) and Beru of Germany. However, Transense is thought to have competitive advantages. Its device is so miniaturised that it can fit into the space taken by the tyre valve. The protruding tyre valve acts as an antenna, which transmits the data to an in-car monitor, and thence to a dashboard display. Its accurate, inexpensive and monitors continuously, even when the vehicle is stationary.

Even more important, unlike its competitors, the Transense device is passive it requires no battery power. Thats important. When hundreds of millions of worn out tyres are thrown away with toxic lithium batteries inside, thats a very serious pollution problem. In June 2001, Transense signed a worldwide licensing agreement with Michelin. The agreement gave Michelin the exclusive use of SAW technology in its tyres. Several other major companies around the world, notably US giant Honeywell, have also been licensed as volume manufacturers.

So What Aren't The Shares Soaring?

SAW devices are ideal for use in systems other than tyres pressure monitors, such as electric power assisted steering. This is much easier to install than traditional hydraulic power assistance, which will probably be phased out from new cars by 2010. This is clearly a great story but if Transense is so great, how come its shares are not rocketing? Well, the trouble is: no one is producing the device in significant volumes... yet. Volume production was thought likely to commence this year. Now, Transense says its likely to be late 2004.

What were seeing here is another example of the extreme conservatism of the motor industry. It always takes years longer than anyone thought possible to get the industry to bite the bullet on new technology. But we believe it will all come right for the company before too long. Our optimism is based on several factors: Michelins continued support, the superiority of its technology and the US legislative requirements.

If were right, then as soon as there is an announcement on the start of volume production, the share price is likely to soar Analysts believe it could get up to 71p for each tyre produced. That doesnt sound much; but on millions of tyres, it adds up to millions of pounds. The shares could well double or treble in a short space of time. That means you ought to be in the share sooner rather than later, even if it means your capital is dormant for weeks or months. Recently, the share price has been slipping due to lack of news. This is your opportunity to BUY.

Key Data

EPIC: TRT
NMS 5000
Spread 48p - 50p
Market Cap 26.36 million

Added ~74.5p - breaking into new highs for 2 years, indicators in good shape, might run to 100p now (2005 and the good news expected for TRT can't come soon enough!)

very quiet board for a stock with such imminent potential

Couldn't agree more david having spent an hour researching these.

What I don't get though is that the chart seems to be saying "Buy", but the fundamentals don't add up imo.

they have some good partners (honeywell, michelin) and a lot of secercy surrounding deals in the motor trade, but huge potential, as thye start to take royalties as their sensors move into the truck tyre market this year and car market next yr or 2008.

It may be worth taking note that there has been some large buys of TRT shares today.