We would love to hear your thoughts about our site and services, please take our survey 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: 4.39
Bid: 4.30
Ask: 4.34
Change: 0.185 (4.40%)
Spread: 0.04 (0.93%)
Open: 4.295
High: 4.505
Low: 4.185
Prev. Close: 4.205
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
8th Sep 201712:10 pmRNSNotice of Results
8th Sep 20177:00 amRNSGlobal Agreement with Progress Rail
23rd Aug 201710:37 amRNSHolding(s) in Company
17th Aug 20177:00 amRNSAutoliv Driver Monitoring Systems
15th Aug 20179:36 amRNSFleet Partnership Agreement with Geotab
11th Aug 201712:03 pmRNSHolding(s) in Company
8th Aug 20177:00 amRNSTrading Update
31st Jul 20177:00 amRNSDirectorate Change
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

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.