(Alliance News) - Seeing Machines Ltd, which develops monitoring systems to improve transport safety, on Thursday said its New Zealand distributor AutoSense has secured four new contracts with commercial fleets across the country.
AutoSense has secured contracts for the company's Guardian fleet monitoring product from TIL Logistics Group and three other major New Zealand-based transport operators. The deals cover a total of more than 1,400 vehicles.
"Signing these deals signifies the maturing of our transport industry as they increasingly take driver training and road safety seriously, said AutoSense Managing Director Charles Dawson.
Shares in Seeing Machines were trading 1.5% lower at 3.20 pence each Thursday afternoon.
Seeing Machines (SEE)