LONDON (Thomson Financial) - Nanoscience Inc., said its wholly owned Toumaz Technology Ltd. has signed a new licensing agreement for an initial 1.5 million pounds with a sports-focused business originating in the Far East to develop Toumaz's Sensium brand globally through the sports industry.

The investor in emerging technologies for the healthcare and electronic sectors said 500,000 pounds has just been received and the remainder will be paid within the next six months.

Sensium measures key vital signs, including as heartbeat, body temperature, respiration rate and physical movement on a continuous and real time basis, which can be used by athletes and trainers, Nanoscience said.

The company said under the agreement Sensium will initially be targeted at football and horse racing, and a development programme is currently underway. It said Toumaz also is cultivating independent relationships in the rugby sector. TFN.newsdesk@thomson.com vsr/kf1 COPYRIGHT Copyright Thomson Financial News Limited 2008. All rights reserved. The copying, republication or redistribution of Thomson Financial News Content, including by framing or similar means, is expressly prohibited without the prior