Talon Resources Targets Ontario Gold Growth After AIM Move and Eagle Lake Acquisition, CEO Says.Watch here

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksSeeing Machines Regulatory News (SEE)

Share Price Information for Seeing Machines (SEE)

Share Price is delayed by 15 minutes
Get Live Data
4.60    -0.10 (-2.13%)
Bid:
4.56
Ask:
4.59
Spread: 0.03 (0.658%)
Market Cap: £220.78m
SEE Live PriceLast checked at - London Stock Exchange

Intraday Seeing Machines Share Chart

Contract gain

8 Aug 2011 07:00

RNS Number : 8973L
Seeing Machines Limited
08 August 2011
Β 

ο»Ώ

Β 

8 August 2011

SEEING MACHINES ("the Company")

Β 

DSS winS Business with Toll Mining Services

Seeing Machines Limited (AIM:SEE), a leading developer of advanced vision based industrial systems, announces a new contract for Driver State System (DSS) with Toll Mining Services in Australia.

Toll Mining Services is part of Toll Group the Asian region's leading provider of integrated logistics solutions. Toll hasΒ contracted Seeing Machines to implement its DSS across its road-going mining trucks at the CapCoal German Creek mine in the Bowen Basin, Queensland. This is the first deployment for the Toll Group.

The DSS is an active system that non-intrusively directly monitors the driver of a vehicle for distraction and fatigue events and provides a series of interventions aimed at managing these events and averting potential operator caused accidents.Β The in-truck system is wirelessly coupled to Seeing Machines DSSi, a real-time data transmission and analysis service that provides timely information to fleet dispatchers who can intervene and manage their drivers and vehicles effectively.

Ken Kroeger, CEO of Seeing Machines commented: "This contract is important as it represents a transitionary step from mining's off-highway haul trucks to road-going haul vehicles as Seeing Machines sees a huge opportunity in selling the DSS to the broader on highway trucking fleets. DSS is quickly earning a reputation for reducing driver distraction and drowsiness events and as result is leading to discussions with most of the global mining players that take mine safety seriously. Coupled with DSSi, we can offer our customers a service that allows them to take full advantage of our fatigue management expertise while providing Seeing Machines with ongoing service based revenues."

Enquiries:

Β 

Seeing Machines Limited

Ken Kroeger, CEO

+61 (2) 6103 4700

Daniel Stewart & Company plc

Oliver Rigby

+44 (0) 20 7776 6550

Walbrook PR Ltd

Bob Huxford

Paul Cornelius

+44 (0) 20 7933 8780

+44 (0) 7980 541 893 or bob.huxford@walbrookpr.com

+44 (0) 7866 384 707 or paul.cornelius@walbrookir.com

--- Information for Editors ---

About Seeing Machines Limited

Seeing Machines is a leading developer of advanced vision based industrial systems, specializing in automotive, medical, entertainment and research applications. More information is available from our web site: www.seeingmachines.com.Β Β 

About the DSS

The DSS is an active system that non-intrusively directly monitors the driver of a vehicle for distraction and fatigue events and provides a series of interventions aimed at managing these events and averting potential operator caused accidents. The DSS Suite integrates three layers of risk mitigation:

1. instant in-cab feedback to the driver from the DSS-IVS (in vehicle system);

2. real-time alerts to fleet dispatchers via the DSS-Link or DSS-Relay products; and

3. management reporting, driver feedback & training, utilizing the DSSi product.

The DSS-IVS sensors monitor the driver's head motion & eye closure. When the driver's eyes have not been focussed on the roadway ahead for a period, either because the driver is looking elsewhere (a distraction event), or because they are closed (for example during a microsleep event), then the DSS-IVS detects this event and generates instant alarms, such as:

Β·; Audio alerts, and

Β·; Seat vibration tactile feedback.

These instant alerts rouse the driver and help them regain focus on the roadway ahead and re-establish safe operation of the vehicle.

The DSS product suite includes options to link the alerts with dispatchers and controllers located in central control rooms using an organization's existing communications infrastructure. DSS-Link or DSS-Relay allows the DSS-IVS alerts to be instantly forwarded to the dispatcher/controller in the central control room, allowing them to make appropriate interventions based on the Fatigue Management Plan (FMP) relevant to the specific organisation. Such real-time interventions can include:

Β·; Contacting/communicating directly with the driver,

Β·; Rotating or resting drivers,

Β·; Altering work schedules, etc.

Finally, the DSSi product is an integrated data management, analysis and reporting system that gives fleet managers the information they need to manage their vehicles and drivers effectively. Coupled with an effective Fatigue Management Plan (FMP) the DSS suite allows organizations to take active steps to manage driver fatigue and distraction in their operations, and mitigate risks at all levels in the process.

General information about the DSS is available from: www.seeingmachines.com/product/dss/.Β 

This information is provided by RNS
The company news service from the London Stock Exchange
Β 
END
Β 
Β 
CNTDKODNCBKDCFK
Date   Source Headline
24th Jan 20147:00 amRNSSeeing Maches signs more CAT Dealers
15th Jan 20147:00 amRNSChanges to Board of Directors
2nd Jan 201411:29 amRNSHolding(s) in Company
2nd Jan 201410:20 amRNSHolding(s) in Company
30th Dec 20137:46 amRNSResult of EGM
23rd Dec 20137:00 amRNSPosting of Documents
20th Dec 201312:36 pmRNSDirector and Significant Shareholder Dealing
20th Dec 20138:41 amRNSDirector Dealing
16th Dec 20137:00 amRNSSeeing Machines Signs First Cat Dealer Agreement
13th Dec 201311:46 amRNSHolding(s) in Company
10th Dec 20137:00 amRNSRoyal Beuk strategic agreement
5th Dec 20137:00 amRNSNotice of General Meeting
29th Nov 20137:00 amRNSCapital Raising
11th Nov 20137:00 amRNSDSS projects with Freeport-McMoRan
31st Oct 20139:07 amRNSResult of AGM
25th Oct 20131:08 pmRNSDSS trial with Cliffs Natural Resources
26th Sep 201312:00 pmRNSNotice of AGM
24th Sep 20137:00 amRNSHoldings in Company and Director Dealing
17th Sep 20133:54 pmRNSHolding(s) in Company
13th Sep 201310:14 amRNSHolding(s) in Company
9th Sep 20137:00 amRNSAnnual Report and Accounts
5th Sep 201311:30 amRNSImplementation of Long Term Incentive Plan
2nd Sep 20137:00 amRNSDSS Orders Received from BHP Billiton
21st Aug 20137:00 amRNSPreliminary Unaudited Results
25th Jun 20137:00 amRNSTrading Update
18th Jun 20137:00 amRNSAppointment of CFO
28th May 20134:05 pmRNSAlliance with Caterpillar Global Mining
25th Mar 20137:00 amRNSHalf Yearly Report
15th Jan 201310:09 amRNSAppointment of New Director
10th Dec 20128:30 amRNSIssue of Equity
30th Nov 20127:00 amRNSLargest single sale of DSS units
28th Nov 201210:22 amRNSResult of AGM
27th Nov 20127:01 amRNSAGM Statement
27th Nov 20127:00 amRNSChange of Adviser
26th Oct 201211:55 amRNSIssue of Equity to raise £1.272m Replacement
25th Oct 20127:03 amRNSFinal results and Notice of AGM
19th Oct 201212:37 pmRNSIssue of Equity to raise £1.272 million
26th Sep 20127:00 amRNSPreliminary results for year ended 30 June 2012
23rd Aug 201212:45 pmRNSHolding(s) in Company
23rd Aug 201212:45 pmRNSSignificant Shareholder Notification
19th Jul 20129:07 amRNSDistributor Booyco orders a further 50 DSS units
29th Jun 20127:00 amRNSDSS makes inroads in South Africa
25th Jun 20127:35 amRNSDSS Rollout at Cloud Peak Energy
16th Apr 20127:00 amRNSDirectorate Change
29th Mar 20127:00 amRNSHalf Yearly Report
22nd Mar 20127:00 amRNSNotice of Results
3rd Feb 20127:00 amRNSSignificant Shareholder Notification
30th Jan 20127:00 amRNSLaunch of DSS version 3.0
30th Jan 20127:00 amRNSLaunch of Fatigue Consulting Services
18th Jan 20129:30 amRNSCFO Appointment

Due to London Stock Exchange licensing terms, we stipulate that you must be a private investor. We apologise for the inconvenience.

To access our Live RNS you must confirm you are a private investor by using the button below.