Transense Technologies plc announced the appointment to the Board of Mr. Melvyn Segal as Executive Finance Director with immediate effect. The Board is of the view that given the increased inflow of new contracts and business opportunities, it is an appropriate time to appoint an Executive FD, further strengthening the operational capacity of the Board and Executive management team. Mr. Segal is a chartered accountant and experienced company finance director, having previously held the position of Finance Director at various high growth private and public businesses. Prior to entering the commercial sector, Mr. Segal was a partner for 22 years at the accountancy firm Arram Berlyn Gardner (ABG). Mr. Segal was previously the Finance Director of the Company between December 2007 and June 2010 before stepping down due to the fact that at that stage in the Company's development the Board was of the view that an executive Finance Director was not required.