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    -0.05 (-1.08%)
Bid:
4.55
Ask:
4.615
Spread: 0.065 (1.429%)
Market Cap: £220.78m
SEE Live PriceLast checked at - London Stock Exchange

Intraday Seeing Machines Share Chart

Contract gain

29 Jul 2010 07:00

RNS Number : 1322Q
Seeing Machines Limited
29 July 2010
 



 

 

SEEING MACHINES AWARDED DSS MInING CONTRACT IN PERU

Seeing Machines Limited (AIM:SEE), a leading developer of advanced vision based industrial systems, announces it has been awarded a contract to install the DSS driver monitoring equipment in the haul truck fleet at an open-pit mine in Peru.

The DSS is an active system that 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 contract builds on earlier DSS installations with an existing client and includes the fit-out of 28 haul trucks at the mine site. 

 

The company is unable to announce details of the mining company nor the particulars of the site involved due to the confidentiality provisions agreed with the mining company.

 

Nick Cerneaz, CEO of Seeing Machines commented: "We are excited to be to announcing this new contract the for the company's first DSS deployment in South America. Our DSS pipeline remains strong and we will announce further deals at the appropriate time."

Enquiries:

 

Seeing Machines Limited

Nick Cerneaz, CEO +61 (0) 2 6103 4700

Daniel Stewart & Company plc

Oliver Rigby +44 (0) 20 7776 6550

Walbrook PR Ltd+44 (0) 20 7933 8780

Helen Westaway +44 (0) 7841 917 679 helen.westaway@walbrookpr.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.  

About the DSS

The DSS is an active system that 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:

·; Audio alerts, and

·; 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:

·; Contacting/communicating directly with the driver,

·; Rotating or resting drivers,

·; 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/.

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
CNTKKCDDPBKKNOB
Date   Source Headline
28th Jul 20177:00 amRNSFleet Update
29th Jun 20177:00 amRNSAutomotive Update
26th Jun 20177:00 amRNSCEO Long Term Incentive Equity Program
15th Jun 20177:00 amRNSUK Fleet Contract
25th May 20177:00 amRNSAppointment of Joint Broker
19th May 20177:00 amRNSSEE to lead ACT Government research trial
9th May 20177:00 amRNSBoard Changes
16th Mar 20177:00 amRNSHalf Year Results to 31 December 2016
28th Feb 20177:00 amRNSUS Fleet Contract
1st Feb 20178:15 amRNSNew Director Appointment
20th Jan 20178:40 amRNSHolding(s) in Company
20th Jan 20178:35 amRNSResult of Offers & Total Voting Rights
19th Jan 20171:14 pmRNSHolding(s) in Company
12th Jan 20178:15 amRNSResult of General Meeting
21st Dec 20167:00 amRNSFleet Global Distribution Agreement
19th Dec 20168:06 amRNSPosting of Offer Documents & Notice of GM
13th Dec 20167:00 amRNSCapital Raising
28th Nov 201611:48 amRNSHolding(s) in Company
24th Nov 20168:15 amRNSResult of AGM
24th Nov 20167:00 amRNSAGM Statement
27th Oct 201610:14 amRNSIssue of Shares to Directors and Staff & TVR
24th Oct 20167:00 amRNSNotice of AGM
3rd Oct 20167:00 amRNSFinal Results
30th Sep 20167:00 amRNSStrategic Distributors Appointed for Asia Pacific
28th Sep 20167:00 amRNSCEO appointed for FOVIO
22nd Sep 20167:00 amRNSAutomotive Driver Monitoring Computer Chip
7th Sep 20168:19 amRNSNotice of Results
26th Jul 20168:24 amRNSHolding(s) in Company
18th Jul 20167:00 amRNSYear End Trading Update
27th Jun 20167:00 amRNSPublication of Seeing Machines Group Update
27th Jun 20167:00 amRNSSEE Awarded Research Grant
16th Jun 20167:00 amRNSDistributor Orders 1,000 Guardian units
31st May 20167:00 amRNSTrading Update
16th May 20167:00 amRNSAutomotive Business Term Sheet Signed
31st Mar 20167:00 amRNSDirectorate Change
22nd Mar 20167:00 amRNSPlacing and Directorate Change
7th Mar 20167:00 amRNSSEE Sourced for 2nd-Gen Driver Monitoring System
7th Mar 20167:00 amRNSHalf Year Results to 31 December 2015
2nd Mar 20169:00 amRNSDirector Resignation
1st Feb 20167:00 amRNSDirector Appointment
2nd Dec 20157:00 amRNSHolding(s) in Company
3rd Nov 20157:00 amRNSSeeing Machines FleetT regular investor updates
30th Oct 20157:00 amRNSResult of AGM
29th Oct 20157:00 amRNS2015 AGM Presentation & Address
19th Oct 201510:00 amRNSIssue of Shares to Directors and Staff & TVR
1st Oct 20157:00 amRNSNotice of AGM
21st Sep 20157:00 amRNSFinal Results
15th Sep 20154:24 pmRNSReplacement - Holding(s) in Company
14th Sep 20157:00 amRNSSEE & Caterpillar Sign Global Agreement
4th Sep 20157:00 amRNSNotice of Results

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.