Page 1

This announcement contains inside information for the purposes of Regulation 11 of the Market Abuse ( amendment ) ( EU Exit ) Regulations 2019/310 17 February 2021 M transense technologies plc ● ● Transense Technologies plc ( " Transense " or the " Company " ) Transense Technologies plc , the developer of specialist sensor systems , reports its interim results for the six months ended 31 December 2020. The Company has delivered positive net earnings , and taken significant steps to enhance future growth potential in each of its main activities . Highlights : Interim results for the six months ended 31 December 2020 & Investor Presentation Revenues from continuing operations increased threefold to £ 0.90m ( FY20 H1 : £ 0.28m ) iTrack royalty run rate increased more than 15 % since inception of Bridgestone licensing deal Strong growth in revenues from both SAW and Translogik EBITDA * of £ 0.06m ( FY20 H1 : loss of £ 0.39m ) Net profit after taxation of £ 0.05m ( FY20 H1 : loss of £ 1.19m ) Earnings per share of 0.29 pence ( FY20 H1 : loss of 3.49 pence ) Net Cash at end of period of £ 1.05m ( 30 June 2020 : £ 1.19m ) Post period - end , completion of capital reduction to facilitate future distributions * Earnings before interest , tax , depreciation and amortisation Commenting on the results and prospects , Executive Chairman of Transense , Nigel Rogers , said : " These results reflect the transformational change in the business since the transactions completed last June , moving iTrack from an operational business into a licence model last June . We have every confidence that iTrack will continue to achieve increased market penetration , and deliver royalty income at or above our current expectations . " The commercial prospects for our SAW technology have been revitalised after strengthening the management team , and enlisting the support of key opinion leaders through the SAWCAP initiative . Whilst it may take some time to determine the true value potential of this technology , we are encouraged by the early progress that is being made . In addition , the Translogik range of tyre probes continues to gain traction and is showing further potential for healthy revenue growth . 11 Page