Summary of announcements & press statements

6th July 2006 - Texas Instruments Inc

Jean-Claude Soroka, General Manager for the C2000 DSP at Texas Instruments DSP Controller. "We are delighted to be working with Transense to put the exciting solution of surface acoustic wave ("SAW") sensor technology to the automotive market. The past three years of intense technical exchanges between Transense and our DSP experts have been an enjoyable innovation experience. We foresee a great and fruitful future in the long-term collaboration with Transense."

22nd September 2006 - Lear Corporation

"Lear is a world leader in RKE technology as well as a significant provider of TPM systems to the automotive market," said Mike Fawaz, Vice President, Electronics Design & Development for Lear Corporation. "Transense's SAW-based sensor technology is a game changer and will advance the next generation system to meet government regulations in a more environmentally friendly manner, satisfying customer and consumer needs."

2nd November 2006 - Michelin

Five years after the introduction of the first of its kind eTire pressure and asset monitoring system, Michelin is showing off the eTire II (Transense technology) second-generation sensor patch. "Pressure maintenance and tire tracking continue to make the top of the wish list of most fleet maintenance managers," said Marc Laferriere, vice president of marketing for Michelin Americas Truck Tires. "The ability to offer accurate, temperature-compensated, automatic pressure measurement is what we are seeking to attain." Temperature compensation allows the eTire II system to identify vehicles with slow leaks as they re-enter the service terminal. The higher temperatures of the tire could otherwise hide such slow leaks. The eTire II system enables the maintenance manager to avoid the dreaded morning flats that can disrupt operations.

Developed by Michelin Americas Research and Development Center (M.A.R.C.) and Honeywell Sensing & Control under a joint development agreement, the eTire II system includes the sensor patch that is applied to the interior of the tire's sidewall, a Hand-Held reader that can interrogate the patch via magnetic coupling, a Drive-By reader that retrieves the sensor information automatically and the BibTrack Internet-based tracking software that allows the fleet to monitor its tire assets from multiple terminals.

27th November 2006 - TAI-SAW

Allen C.H. Wu, Director and General Manager of TAI-SAW said "TAI-SAW is very pleased and excited to sign this new agreement with Transense to reach another milestone of the collaboration. As a result of working closely together over several years, Transense and TAI-SAW have built up a very strong technical team with experience covering from strong SAW design engineering to SAW manufacturing capability for a wide range of sensor applications. I believe that by maintaining the present momentum and collaboration using the expertise of both our companies, we shall be able to fully support the requirements of Transense's licensees, give them excellent product and service, and ensure that they are in a position to fully exploit the booming market for automotive sensors."

11th December 2006 - Honeywell

"There are many potential applications for SAW technology, and we look forward to working with Transense to continue exploring opportunities to bring value to new industries," said Billal Hammoud, Global Director of Honeywell Sensing & Control's emerging electronic sensing business.