Interim Results to June 30th 2010 

Transense Technologies PLC
("Transense" or the "Company")

The AIM-listed technology transfer company that is engaged in developing Surface Acoustic Wave Technology (SAW), wireless, batteryless, and sensor systems for the automotive and other industries.

INTERIM RESULTS
for the half year ended 30 June 2010

Highlights

• Distribution agreement signed in February 2010 with the China based Qingdao Mesnac, for RFID products.
• Translogik signed a distribution agreement with RFID Chile in May 2010.
• Successful Placing by Hybridan to raise £2.038 million (before expenses) and Open Offer raising £0.5 million.
• Steady progress in developing our growing product range.
• Cash in bank at 28 September 2010 – £2.440 million.

David Kleeman, Chairman of Transense Technologies PLC commented:
"I am pleased by the progress achieved during the half year and commend all at Transense for consistently delivering and selling best in class products and technology, both domestically and internationally, from a platform that has historically been constrained both by limited resources and budgets".

"I look forward to seeing this progress continued. Our aim is to establish Transense on a strong and profitable path. Our objective for the current year is to maintain the momentum we have seen and progress the opportunities with, in particular, Translogik and SenGenuity. We have made a satisfactory start, and providing our markets remain firm, the Board looks forward to the future with enthusiasm and confidence."

For more information, please contact:

Transense Technologies PLC                 Tel: +44 (0) 1869 238 380
Graham Storey, Chief Executive

Brewin Dolphin - Nomad
Neil Baldwin                                        Tel: +44 (0) 845 213 4726

Hybridan LLP – Broker
Claire Noyce                                        Tel: +44 (0) 207 947 4350

Peckwater PR
Tarquin Edwards                                  Tel: +44 (0)7879 458 364

Chairman's statement

"I am pleased by the progress achieved during the half year, and particularly with our successful Placing and Open Offer, which was announced in June 2010. Hybridan, our broker, raised £2.038 million (before expenses) by way of a placing at 4.5 pence per Placing Share with institutional investors and the Open Offer raised £0.5 million. We are pleased with the support our investors showed and the funds will be used to accelerate the pace at which Translogik addresses opportunities and for working capital purposes.

We see significant opportunities in the rapidly expanding tyre management solutions market and the Board continues to examine ways in which we can progress the commercialisation of the Translogik offering.

We had hoped for receipt of orders from significant potential customers during the period. Relationships with them continue to develop and we look forward to completion of their testing and to the subsequent delivery of orders.

In February, a distribution agreement was signed with the China based Qingdao Mesnac for RFID products. We also concluded a distribution agreement between Translogik and RFID Chile in May and we were pleased to subsequently announce later that month an expanded trial.

I look forward to seeing this progress continued and to seeing Transense establish itself on a strong and profitable path. Our objective for the current year is to maintain the momentum we have seen and extend the opportunities we have, in particular, with Translogik and SenGenuity."

David Kleeman
Non-Executive Chairman
29 September 2010

Chief Executive review

As was discussed in our preliminary results (announced 02/06/09), 2009 saw an intense and exciting period of change for the group with an increase in operational activity and a strategic repositioning for Transense, away from being a pure technology transfer company in which an IP licensing model prevailed, to one in which a dedicated product division, namely Translogik, was developed, so as to accelerate the group's movement towards profitability through the establishment of a direct route to market.

I am delighted to report that during the first half of this year, good progress and solid momentum has continued across both of our main areas of activity and this is particularly apparent in the successful continuing roll out of our Translogik business and as far as our relationship with SenGenuity and its related growing income streams are concerned.

TransLogik
Translogik was incorporated in 2009 to generate short to mid-term revenue for Transense and it is a 100% owned subsidiary of the Group. Translogik provides a growing portfolio of hardware and software solutions to the Tyre market and is focussed mainly on Data Collection tools, active and passive Tyre Temperature and Pressure devices, GPS tracking, data logging and RFID tyre tagging.

Products include electronic tread depth and pressure data collection tools for Truck and OTR tyre inspections, and Radio Frequency Identification ("RFID") tags and patches for tyre casing and general asset tracking in often hostile terrains.

The development of a second generation product, despite delays, is nearly completed. Forecast sales of the first generation product have been affected adversely both by delays in an expected order from a major customer and also by market awareness of the imminent release of the next generation product.

As far as Translogik's OTR products are concerned, the field trials in Chile of our Tyre Pressure Monitoring System ("TPMS") for the mining industry are progressing well and have been extended. We are also hopeful of other trials being agreed in other territories by the end of the year.

On the Truck side, we are currently rolling out a trial of our TPMS system with Balfour Beatty, the international infrastructure services business. Trials have been successful to date and are ongoing and we look forward to further continued positive progress.

RFID Tags
RFID tags have been developed to be embedded within the tyre during the manufacturing process, or to attach to the tyre wall as an aftermarket solution. Adoption of RFID tags into tyres has been slower than anticipated largely because the implementation of the technology has not yet been announced as was expected by a major OEM. This is now likely to occur by the end of Q2 2011, which, together with a number of other factors, encourages us to anticipate that take up will start to gain traction next year in 2011.

Vectron
From an initial license granted in July 2008, Transense's relationship with its licensee, SenGenuity (the latter is a division of Vectron Int. Inc, itself part of US listed Dover Corporation) has continued to flourish and the Company is in receipt of modest, but steady royalty flows.

SenGenuity's initial license with Transense allowed SenGenuity to manufacture Transense's temperature and pressure sensor. This license has since been extended to include use of Transense's patented wireless Reader Electronics in isolation to the Company's sensors and projections have suggested that meaningful royalty revenue may be forthcoming by 2012.

SenGenuity is now rolling out a heat sensor solution and is currently installing systems in China, Switzerland, India and the USA. This multi sensor system is using Transense's reader electronics and is being used in breaker circuit boxes at electrical substations.

Flexplate
We are excited by our ongoing work being carried out with a large US car manufacturer. Our Flexplate business offers significant opportunities for Transense and I am delighted to report that the project continues to make good progress.

Current Trading
I am happy to report on considerable progress being achieved on a number of fronts during the period and this has been translated into good momentum. We are pursuing opportunities in Australia, South Africa and the US and our successful fundraise in June 2010 will actively help us to accelerate the pace at which Transense and Translogik are able to address and capitalise upon such opportunities. As you can see from our results and at our stage of development as a company, our turnover is and will continue to be lumpy, but in the absence of a major market downturn, I look to the Group's future with a good measure of confidence.

Graham Storey
Chief Executive
29 September 2010