14
February 2025
Transense Technologies
plc
("Transense" or the "Company")
Transense & Haltec
Announce Strategic Partnership for Tyre Inspection
Tools
Transense Technologies Plc (AIM:
TRT), the provider of specialist sensing solutions and measurement
systems, announces that through its Translogik division, it has
secured a landmark distribution agreement with Haltec Corporation,
a leading innovator in tyre valve and management solutions in North
America.
The agreement will see Haltec become
a formal distributor of Translogik's advanced tyre inspection
tools, significantly expanding market reach in the USA.
Haltec Corporation is recognised
worldwide as a leading manufacturer of specialty tyre valve systems
and pressure inflation solutions. Established in 1970, Haltec has
its corporate headquarters, manufacturing and distribution
facilities in Ohio. In addition, it has subsidiaries in
Florida, AME International and in Limerick, Ireland, BMS Torque
Solutions.
Haltec technology is used around the
globe, on millions of tyres every day, from high-performance valve
systems to specialist tyre inflation management and inspection
solutions.
Under the agreement, Haltec will
integrate Translogik's tyre inspection tools into its portfolio of
pioneering tyre management solutions, complementing its existing
Haltec Go software. Additionally, Haltec will provide Translogik
solutions to customers using their own tyre management software,
ensuring a seamless fit within existing operational
frameworks.
As an official distributor, Haltec
will hold Translogik inventory in the United States, enabling rapid
supply to the market and ensuring customers benefit from local
service and support.
While Transense Technologies has
previously sold products in the USA, this partnership marks the
first time the company has established a formal distribution
partner with local stock and service capabilities.
Ryan Maughan, Managing Director of
Transense Technologies, commented: "Partnering with Haltec
Corporation is a significant step forward for Transense. Their
expertise, established customer relationships and extensive sales
network will allow us to deliver our tyre inspection tools to a
much broader audience in North America. With Haltec's excellent
reputation, strong industry presence and commitment to innovation,
we anticipate this partnership to drive substantial growth for
Translogik in the region."
Brendan Webb, Vice President of
Sales & Marketing for Haltec Corporation, added:
"Haltec has always been dedicated to
providing top-tier tyre management solutions. Adding Translogik's
tyre inspection tools to our product lineup aligns perfectly with
our mission to enhance efficiency, safety and accuracy in tyre
maintenance. We are excited to introduce these advanced solutions
to our customers and further strengthen our commitment to the
industry."
ENDS
Photo Caption: To
follow.
For further information please visit
www.transense.com or contact:
Transense Technologies plc
Nigel Rogers (Executive
Chairman)
Ryan Maughan (Managing
Director)
Melvyn Segal (Chief Financial
Officer)
|
Via Investor Relations
(see below)
|
Cavendish Capital Market Limited (Nominated Adviser and
Broker)
Adrian Hadden / Callum Davidson
(Corporate Finance)
Jasper Berry (Sales)
|
|
Investor Relations
Anice McNamee
|
Tel: +44 (0)1869 238380
investor.relations@transense.co.uk
|
Notes to Editors:
About Transense Technologies
Transense Technologies is a UK-based innovator in sensor
systems, specialising in advanced solutions for tyre management and
vehicle condition monitoring. Through its Translogik division, the
company provides cutting-edge tools and software designed to
enhance safety, compliance and operational efficiency in the
automotive and fleet industries. For more information,
visit: https://www.transense.com.
About Haltec Corporation
For over 55 years, Haltec Corporation has been a global leader
in tyre valve manufacturing and management solutions. With
state-of-the-art production facilities, dedicated engineering and
software development teams, and a reputation for innovation, Haltec
continues to set industry standards. The company's product
innovations, including the Full-Flo and Super Large Bore valve
designs, have improved tyre inflation efficiency and safety across
various sectors. For more information, visit:
https://www.haltec.com.
About AME International
Founded in 2007, AME International is a subsidiary of Haltec
Corporation and a leading provider of professional tyre service
tools, accessories and equipment. With a comprehensive product
lineup, AME serves the needs of industry professionals worldwide,
offering innovative solutions for tyre changing, inflation and
maintenance. For more information, visit: https://ameintl.net/.