Transense Technologies
plc
("Transense" or the "Company")
Ryan Maughan appointed as Managing
Director
Transense Technologies plc, the provider of
specialist sensor technology and measurement systems, is pleased to
announce the appointment of Ryan Maughan as the Company's Managing
Director with immediate effect.
Ryan joined the Board of Transense on a part time
basis as Business Development Director of SAWsense on 1 December
2021, having previously served as member of the SAW Commercial
Advisory Panel, increasing his time commitment in March 2023 to
encompass business development activities of Translogik also.
He now steps up to Managing Director on a full time
basis, with additional responsibilities covering all business
development, engineering and operational activities of the Company,
reporting to Executive Chairman Nigel Rogers.
Nigel Rogers,
Executive Chairman of Transense, said:
"I am delighted
with the progress that has been made in generating a substantial
pipeline of new business opportunities in both SAWsense and
Translogik since Ryan joined the Company. We are entering a
new era in which his skillset and experience building commercial
partnerships and scaling up operational capacity will be
invaluable."
For further
information please visit www.transense.com
or contact:
|
Transense Technologies plc
Nigel Rogers (Executive
Chairman)
Melvyn Segal (CFO)
Ryan Maughan (Business Development
Director)
|
Via
Walbrook PR
|
|
Allenby Capital (Nominated Adviser and
Broker)
Jeremy Porter/George Payne (Corporate
Finance)
Stefano Aquilino/Tony Quirke (Sales
and Corporate Broking)
|
Tel: +44
(0)20 3328 5656
|
|
Walbrook PR
Tom Cooper/Nick Rome/Joe
Walker
|
Tel: +44
(0)20 7933 8780
Transense@walbrookpr.com
|
Notes to
Editors:
Transense is a developer of
specialist sensor technology and measurement systems. The
Company has two active business divisions:
·
Translogik a range of smart, connected tyre
inspection and management equipment, used by leading tyre
manufacturers, dealers and fleet operators to reduce costs and
improve safety; and
·
SAWsense, developing Surface Acoustic Wave (SAW)
sensor technology, to improve performance, reliability and
efficiency in focus markets of aerospace, automotive, robotics and
industrial machinery.
In addition, the Company earns
residual royalty income from Bridgestone iTrack (new branding name
for iTrack), a tyre condition and performance monitoring system,
that was developed by Translogik and subsequently licensed to
Bridgestone Corporation for a ten year period in 2020, expiring in
2030.
The Group's strategy is to maximise
shareholder value through the delivery of sustained revenue growth
from its business divisions by leveraging excellence in innovation
and know-how to commercialise technologies through industry
partnerships and exposure to global growth markets.
Transense is headquartered in
Oxfordshire, UK, and was admitted to trading on AIM, a market
operated by the London Stock Exchange (AIM: TRT), in 1999.
www.transense.com
For further information please
contact transense@walbrookpr.com
