Feeling the pressure

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Transense, the UK company developing a new tyre pressure monitoring system, said the launch of the first product incorporating its technology is imminent and asked investors to remain patient.

, the UK company developing a new tyre pressure monitoring system, said the launch of the first product incorporating its technology is imminent and asked investors to remain patient despite 'frustrating' delays in tying up commercial deals.

The Oxfordshire company told shareholders that the launch of its Tyre Pressure Monitoring System (TPMS) into the commercial vehicle market will happen this year following the completion of engineering development for a major licensee, which it did not name.

The system is based on Surface Acoustic Wave (SAW) technology and is just one of several monitoring devices the company is developing.

SAW sensors work by bouncing acoustic waves off the surface they are monitoring. Subtle changes in the frequency are then detected to measure the strain the material is under. An RF link relays the information from the sensor back to the vehicle's electronic systems for analysis.

Transense's full-year losses increased to £874,000 from £683,000 in 2004, while turnover remained static at just over £550,000.

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