Happy New Year everybody and I'm sure this is the year that Transense will really convince the doubters that it is going places. We start off with a bargain basement share price and no money worries _ we have a couple of million in the bank and another half a million either just arrived or just about to arrive from Honeywell.
Talks are well advanced with a major Tier 1 supplier on passenger vehicle TPMS and I expect this to come good soon and that our systems will begin to appear in cars from the end of the year.
The management has been keeping patiently quiet about Michelin and truck tpms but I'm quite sure this will kick off early this year. We should see a major deal too on EPAS and exciting developments in driveline torque products.
Those of you who have also pucked up shares in Image Scan, I think we may hear some very interesting news very soon, as well.
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