Transense Technology New Translogik iTrack Contract Win

Transense Technologies plc (LON:TRT), the provider of sensor systems for the transportation and industrial markets, has today announced that Translogik, its trading division providing tyre management solutions, has won a contract through its Ghanaian partner WATS (West African Tyre Services) to supply 16 iTrack II mining tyre monitoring systems for large haul trucks at SOMITA, a Nordgold mine in Burkina Faso.

These systems are to be supplied on a rental and service basis via WATS, which is a wholly owned subsidiary of Rana Motors & Metal Works Engineering Company Ltd. This method allows mining companies to benefit from the productivity gains and overhead savings provided by using the system without any of the associated capital cost while providing Translogik with a recurring revenue stream.

 

Vibi Chandra, Director, Sales & Services Director, OTR Tyres, WATS, said: “Having conducted extensive trials over the course of the last 18 months we have chosen iTrack because its combination of live alerts and extensive suite of data analytics is crucial to enhancing our offering as Tyre Service Providers. West Africa is a region with dozens of mines and hundreds of haul trucks and it is our intention to introduce our new enhanced service to our existing portfolio of mines as well as other mines across the region. We know these mines are very interested in the significant advantages we are now able to offer and we fully expect further advances and new contracts in the future.”

 

Graham Storey, CEO of Transense, said: “We are very pleased to have added another mine in a new region to our growing list of iTrack users. WATS are a well established and highly regarded Tyre Service Provider in West Africa and with their depth of contacts we are hopeful of an accelerated rate of adoption as we move forward.”

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