USA: Sawtek Announces Exclusive Agreement to Manufacture SAW Tire Pressure and Torque Sensors
Sawtek Inc. (Nasdaq:SAWS), through its wholly-owned subsidiary, Microsensor Systems, Inc. (MSI), today announced that it has entered into an exclusive agreement with Transense plc to manufacture surface acoustic wave (SAW) sensors for automotive tire pressure and torque applications utilizing patented technology from Transense. Under the terms of the agreement, MSI has the right to mass-produce the SAW sensors for sale to other Transense licensees.
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