Dec 12, 2020 Transense Technologies announces the formation of it's SAW Commercial Advisory Panel (SAWCAP)

SAWCAP Screen shot SP

Transense announces the formation of its SAW Commercial Advisory Panel ("SAWCAP”) which met for the first time in December. The newly formed SAWCAP is to provide advice to the Board and Management in support of the development of commercial strategy, the implementation of sales and marketing activities to promote revenue growth, and to forge strategic alliances that enhance long term shareholder value.

The members of SAWCAP bring together the collective experiences of successful design, innovation and commercialisation of products across a wide range of technologies and end markets, in addition to thought leadership and strategic direction. Its membership includes:

Dr. Alan Lowdon

Alan has over 30 years’ experience in international energy and utilities with senior roles including Rolls Royce Industrial Power, British Gas and Shell, and as Director of Technology & Innovation at the UK National Renewable Energy Centre. He currently has several interests including as Professor in Practice at Durham University Energy Institute, Director of Strategic Development at the National Wind Institute, New Bedord, Massachusetts, and advisory roles at the US Dept of Energy, the National Renewable Energy Laboratory and Innovate UK.

Ian Penny

Ian has 30 years’ experience in engine engineering, propulsion systems and applications. He is currently an Independent consultant, formerly at Ricardo where he was Global Product Group Director, Engines and previously MD, Engine Business Unit where he led all aspects covering passenger car, light and heavy commercial and off road vehicles.

Matthew Richards

Matthew is Managing Director of Steatite, the manufacturing division of Solid State PLC. Matthew has over 30 years’ experience in defence electronics, including previously as MD of API Technologies Corporation; an RF and Security solutions business.

Prof Dr-Ing Karl Viktor Schaller

Viktor is currently an Honorary Professor at the Technical University of Munich and Managing Director of kvs consulting. Previously, Dr. Schaller was the Executive Vice President Engineering of motorcycles with BMW AG from April 2014 to July 2019 and Technical Director of the Engineering Heavy Trucks at MAN Truck and Bus SE until 2006. He then served as a Board Member at MAN and was responsible for product development, purchasing and planning. During his tenure at MAN from 1990 to 2009, he headed various departments including those responsible for development of alternative drive systems (batteries, various hybrids, natural gas, hydrogen in ICE and fuel cells) and heavy trucks.

Other associates

In addition, the Panel has the benefit of regular input from associates whose expertise covers other target market sectors, including automotive engineering in conventional and electric/hybrid, rail and marine.

Executive Chairman, Nigel Rogers, commented:

“We appreciate the keen support shown by members of our new Panel to commit their time in support of the ambitious growth plans for SAW technology. Our Panel members have excellent credentials, and there are encouraging signs that this initiative will generate highly focused business development opportunities across our target market sectors.

“This is an exciting time for Transense given the benefits of the recent licensing deal with Bridgestone for iTrack and the financial stability that affords to pursue the potential in our SAW and Translogik technologies.”

Transense Technologies plc

Nigel Rogers (Executive Chairman)

Melvyn Segal (CFO)

Via Walbrook PR

Allenby Capital (Nomad and Broker)

Jeremy Porter/James Reeve (Corporate Finance)

Tony Quirke (Equity Sales)

Tel: +44 (0)20 3328 5656

Walbrook PR

Tom Cooper/Nick Rome/Nicholas Johnson

Tel: +44 (0)20 7933 8780