The latest Investing Matters Podcast episode featuring financial educator and author Jared Dillian has been released. Listen 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)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 4.95
Bid: 4.915
Ask: 4.995
Change: -0.18 (-3.51%)
Spread: 0.08 (1.628%)
Open: 5.04
High: 5.11
Low: 4.90
Prev. Close: 5.13
SEE Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

US Fleet (Guardian) Contract

5 Jul 2018 07:00

RNS Number : 6375T
Seeing Machines Limited
05 July 2018
 

Seeing Machines Limited

US Fleet (Guardian) Contract

 

5th July 2018

Seeing Machines Limited (AIM: SEE) ("Seeing Machines" or the "Company"), the advanced computer vision technology company that designs AI-powered operator monitoring systems to improve transport safety, has signed a five-year contract with US based John Christner Trucking to install its fleet of 850 trucks with Guardian, the Company's fatigue and distraction prevention technology for commercial fleets.

John Christner Trucking is a family owned business based in Sapulpa, Oklahoma and one of the leading refrigeration carriers across North America. This contract follows several other recent notable North American fleet contracts including Megabus (Coach USA), Royal Foods and Bison Transport Inc, all making a commitment to enhancing the safety of their drivers with Guardian.

Seeing Machines' Guardian uses advanced computer vision technology to detect and minimise driver fatigue and distraction events and associated accidents in commercial fleet applications. The system has demonstrated it can achieve over 90% reduction in fatigue and distraction related driver events based on studies of worldwide deployment experience.

The solution provides real-time, in-cabin alerts when fatigue or distraction is detected by the driver facing sensors, which work in all light conditions including night driving and when the driver is wearing sunglasses.

Guardian is connected to a 24/7 monitoring centre and cloud analytics engine that gives fleet owners a variety of customisable intervention and analytics programs to complement their driver training and wellness initiatives.

Paul Angelatos, GM of Fleet, Rail and Off-Road at Seeing Machines commented:

"We are delighted to be working with John Christner Trucking. Adoption of Guardian, our fatigue and distraction prevention technology, is building momentum worldwide and this agreement further strengthens our position as a leading provider of transport safety technology.

"This family owned and run business truly focuses on driver safety and we are very pleased to be able to contribute to ensuring that their drivers get home to their families at the end of each shift."

 

Enquiries:

Seeing Machines Limited www.seeingmachines.com

+61 2 6103 4700

Ken Kroeger, Executive Chairman & Interim CEO

Sophie Nicoll - VP, Marketing & Communications

Cenkos Securities plc (Nominated Adviser and Joint Broker)

Neil McDonald/Beth McKiernan/Pete Lynch

+44 131 220 6939

Canaccord Genuity Limited (Joint Broker)

+44 20 7523 8000

Simon Bridges/Richard Andrews/Alexander Napier

Instinctif Partners

+44 20 7457 2070

Adrian Duffield/Kay Larsen/Chantal Woolcock

 

About Seeing Machines

Seeing Machines (LSE: SEE), a global company headquartered in Australia, is an industry leader in computer vision technologies which enable machines to see, understand and assist people. The Company's machine learning vision platform has the know-how to deliver real-time understanding of drivers through Artificial Intelligence (AI) analysis of heads, faces and eyes. This insight enables Driver Monitoring Systems (DMS), which monitor driver/operator attention and can identify drowsiness and distraction across multiple transport sectors.

Seeing Machines develops DMS systems for the Automotive, Commercial Fleet, Aviation, Rail and Off-Road markets. The Company has offices in Australia, USA, Europe and Asia, and delivers multi-platform solutions ranging from embedded software and processors to aftermarket system and service solutions to industry leaders in each vertical.

DMS is now considered a core safety technology for the Automotive industry, particularly with the development of semi-autonomous and self-driving cars. DMS is also increasingly seen to be an integral safety feature across the Commercial Transport & Logistics industry globally. www.seeingmachines.com 

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
 
END
 
 
NRADMGGNKDVGRZM
Date   Source Headline
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
3rd Jan 20127:00 amRNSDirectorate Changes
14th Dec 20119:38 amRNSResignation of Chairman
14th Dec 20119:34 amRNSAGM and Business Update
30th Nov 20117:00 amRNSTotal Voting Rights
24th Nov 20119:17 amRNSDirector & Senior Management Share Purchase
27th Oct 201110:27 amRNSHolding(s) in Company
17th Oct 201112:56 pmRNSCorrection: Final Results
17th Oct 20117:00 amRNSFinal Results
15th Sep 201110:01 amRNSNotice of Results
22nd Aug 20117:00 amRNSNotice of Results
8th Aug 20117:00 amRNSContract gain
18th Jul 20117:00 amRNSLaunch of world's first glasses-free 3D laptop
4th Jul 20117:00 amRNSAppointment of CEO & Directorate Change
23rd Jun 201112:04 pmRNSTrading Statement
8th Jun 20117:00 amRNSDirectorate Change
31st May 201112:31 pmRNSTotal Voting Rights
28th Apr 20111:44 pmRNSDirector & Senior Manager Share Awards
5th Apr 20117:00 amRNSNew faceAPI Production License
31st Mar 20117:00 amRNSHalf Yearly Report
28th Mar 20117:00 amRNSfaceAPI Production License signed
21st Mar 20117:00 amRNSDSS Contract win and Channel Partner Appointment
16th Feb 20119:04 amRNSRetirement of Director
18th Jan 20119:58 amRNSIssue of Equity
23rd Dec 20102:57 pmRNSQuarterly Newsletter
30th Nov 20108:47 amRNSAGM Statement
11th Nov 20107:00 amRNSDSS Mining Contract in Chile
1st Nov 20107:00 amRNSSignificant Shareholder Notification
20th Oct 20107:00 amRNSTwo contract gains for DSS
20th Sep 20107:00 amRNSFinal Results
31st Aug 20107:01 amRNSSignificant shareholder notification
29th Jul 20107:00 amRNSContract gain
21st Jul 20107:00 amRNSContract gain
13th Jul 20107:00 amRNSContract Gain
9th Jul 20107:00 amRNSContract gain
30th Jun 20108:06 amRNSContract Win
24th Jun 20108:42 amRNSTrading Update
2nd Jun 20109:43 amRNSQuarterly Newsletter
21st May 201010:11 amRNSAppointment of Adviser
13th Apr 20107:00 amRNSContract Gain
9th Apr 20107:00 amRNSPlacing
22nd Mar 20107:00 amRNSInterim 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.

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.