Last checked at 29 Jan 2018 07:00
Seeing Machines Limited
Leadership Change
29 January 2018
Seeing Machines Limited (AIM: SEE) ("Seeing Machines" or the "Company"), an industry leader in computer vision technologies which enable machines to see, understand and assist people, regrets to announce that CEO Mike McAuliffe is leaving the Company.
The Board wishes to thank Mike for his significant contributions to Seeing Machines and wish him well.
Executive Chairman Ken Kroeger has now been appointed as interim CEO by the Board until the recruitment of a new CEO is finalised.
Enquiries:
Seeing Machines Limited | www.seeingmachines.com / +61 2 6103 4700 |
Ken Kroeger, Executive Chairman & Interim CEO Media inquiries
| Ken.Kroeger@seeingmachines.com Sophie.Nicoll@seeingmachines.com |
finnCap Ltd (Nominated Adviser and Joint Broker) | +44 20 7220 0500 |
Ed Frisby / Emily Watts, Corporate Finance Tim Redfern / Richard Chambers, Corporate Broking | |
Canaccord Genuity Limited (Joint Broker) | +44 20 7523 8000 |
Simon Bridges Richard Andrews Alexander Napier |
The information communicated in this announcement contains inside information for the purposes of Article 7 of the Market Abuse Regulation (EU) No. 596/2014.
About Seeing Machines
Seeing Machines (LSE: SEE) is an industry leader in computer vision technologies which enable machines to see, understand and assist people. The Company deploys its FOVIO machine learning vision platform to deliver real-time understanding of drivers through AI analysis of heads, faces and eyes for Driver Monitoring Systems (DMS), which monitor driver attention state including drowsiness and distraction. DMS is increasingly considered a core automotive safety technology as well as an enabling technology for ADAS/Autonomous Driving. The Company's pioneering commercial fleet solution (Guardian) delivers an after-market, in-cabin safety intervention system with 24/7 monitoring and cloud analytics services delivered on a telematics SaaS basis. The Company also serves Aviation, Rail and Off-Road markets, and they are seeking to innovate in new markets. Based in Canberra, Australia with the intention to grow in the USA and Europe, the Company delivers multi-platform solutions from embedded software and processors to aftermarket system and service solutions to industry leaders globally. www.seeingmachines.com.