2007 to be a Good Year for Transense Technologies

Writing in the Guardian Newspaper, financial analyst, Katie Allen, suggested that TMPS company Transense could have another successful year in 2007. The group, which develops tyre pressure monitoring technology, improved by only 15.75p to 91.75p over last year but it is said to enter the year “with a strong order book.” It has recently struck deals with the American automotive company Lear Corporation and with Michelin in the US, meaning that the world’s biggest tyre company will be using Transense’s pressure monitoring systems for its lorry tyres. “Now that it is commercialising years of technology development the company could take off in 2007,” said Allen.