Directorate Changes

RNS Number : 8382U

Seeing Machines Limited

03 January 2012

 



3 January 2012

Seeing Machines Limited

("Seeing Machines" or the "Company")

Directorate Changes

Seeing Machines Limited (AIM: SEE), a leading developer of facial image processing software for applications that rely on understanding the movement of human faces and eyes, announces today the appointment of Kenneth (Ken) Kroeger to the board of Seeing Machines as Managing Director and the resignation of past Chairman William (Bill) Mobbs as a director of the Company.  Mr Mobbs resignation takes effect from the 31^st of December 2011 and Mr Kroeger's appointment is with immediate effect. 

Bill Mobbs who joined the board of the Company in 2006 and took over as Chairman in 2009 leaves the board to concentrate on his other business interests. 

Ken Kroeger, aged 50, is a successful technology entrepreneur who founded Catalyst Interactive, an internationally recognised 3-D simulation and training provider (later acquired by KBR).  At Catalyst Interactive, Ken grew the organisation from inception to an international business through technical innovation and sound leadership.

Ken's background in technology, research and development, business management and sales has provided Seeing Machines with a strong commercial focus since his appointment as CEO in July 2011.

David Gaul, the current Chairman of the Company commented:

"The Company is delighted that Ken has joined the board and the directors are already aware that he brings a wealth of industry knowledge and experience which will prove invaluable to Seeing Machines.  The Company wishes to express its sincere thanks to Bill Mobbs for his significant contribution to the Company over the last 5 years."

Save for the above, the following information, pursuant to AIM Rule 17, Schedule Two (g) is disclosed in respect of the appointment of Ken:

Current Appointments:

Travelok Pty Ltd
Healthcube Management Pty Ltd
Healthcube Pty Ltd
Kroeger Nominees Pty Ltd
Lighthouse Business Innovation Centre Limited
Connexions Pty Ltd
Contact Action Pty Ltd
Insperience Pty Ltd

Past Appointments:

Catalyst Interactive Pty Ltd
Equal Access Testing Pty Ltd

Mr Kroeger is not currently interested in the total issued share capital of the Company.

Enquiries:

Seeing Machines Limited
Ken Kroeger, Managing Director & CEO	[phone]
Daniel Stewart & Company plc (Nomad & Broker)
David Hart/James Thomas	[phone]
Walbrook PR Ltd
	[phone]
Bob Huxford	[e-mail]
Helen Westaway	[e-mail]

 

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