Transense Technologies Shares Rally on Pact with GE
May 18 2015 - 3:47AM
Dow Jones News
By Jana Simmons
LONDON--Shares in Transense Technologies PLC (TRT.LN) rallied
after the provider of sensor systems confirmed that it is
developing new instrumentation applications utilizing its surface
acoustic wave measurement, or SAW, technology with GE (GE).
"Working with an industry leading developer of world-class
technology applications is exactly the right platform for
Transense's SAW technology to enter the commercial environment,"
said Chief Executive Graham Storey.
Shares at 0715 GMT up 0.65 pence, or 46%, at 2.1 pence.
-Write to Jana Simmons at jana.simmons@wsj.com
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