("Seeing Machines" or the "Company")
Seeing Machines (AIM: SEE), an industry leader in computer vision based technologies which enable machines to see, understand and assist people, announces that on 23 August 2017 the Company was informed that on 23 August 2017, Hunter Hall Investment Management Limited (a subsidiary of Pengana Capital Group Ltd) decreased its interest in ordinary shares in the Company ("Ordinary Shares") from 209,612,422 Ordinary Shares to 180,612,422 Ordinary Shares, representing 12.15 percent of the Company's total voting rights.
Enquiries:
Seeing Machines Limited |
www.seeingmachines.com / +61 2 6103 4700 |
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Mike McAuliffe, CEO |
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Media enquiries
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Sophie.Nicoll@seeingmachines.com
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finnCap Ltd |
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Ed Frisby / Emily Watts, Corporate Finance |
+44 20 7220 0500 |
Tim Redfern / Richard Chambers, Corporate Broking |
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Canaccord Genuity Limited |
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Simon Bridges
REi |
+44 20 7423 8000 |
Richard Andrews Alexander Napier
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Alexander Napier |
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Seeing Machines, (AIM: SEE) is an industry leader in computer vision technologies which enable machines to see, understand and assist people. The Company deploys its machine learning vision platform to deliver real-time understanding of drivers through AI analysis of heads, faces and eyes, for Driver Monitoring Systems (DMS) in most Transport sectors. DMS detects and manages drowsiness, distraction and cognitive state of Drivers which is key enabling technology for automotive ADAS/Autonomous Driving as well as for Guardian, the Company's pioneering aftermarket commercial fleet solution. The Guardian solution combines an in-cabin safety intervention system with 24/7 telematics monitoring and cloud analytics services delivered on a SaaS basis which prevents accidents, saves costs, and lives. The Company also serves Aviation, Rail, Off-Road markets and is enabling next generation applications for precision eye tracking, offering solutions from embedded software and FOVIO processors to aftermarket system and service solutions. Based in Canberra, Australia with offices and people in USA and Europe, the Company's products have been adopted by global industry leaders in its markets. www.seeingmachines.com.