Transense Technologies plc announced that at its AGM held on October 11,2013, the board believes that different skills are called for at this stage in the growth and development of the company. David Ford, currently an Executive Director, will serve as Executive Chairman, utilizing the skills acquired as an intellectual property lawyer and experience as former CEO of a technology business in this next phase of the company's evolution. David Kleeman to be able to continue to serve shareholders in the capacity of a Non-Executive Deputy Chairman.

These changes will be effective immediately following the conclusion of the AGM.