Holding(s) in Company

RNS Number : 3522B

Seeing Machines Limited

09 January 2018

 

Seeing Machines Limited

("Seeing Machines" or the "Company")

Holdings in Company

9 January 2018

Seeing Machines Limited (AIM: SEE), an industry leader in computer vision technologies which enable machines to see, understand and assist people, announces that on 8 January 2018 the Company was informed that on 4 January 2018, The Independent Investment Trust PLC acquired 100,000,000 ordinary shares in the Company ("Ordinary Shares") representing 4.56 per cent. of the Company's total voting rights.

Enquiries:

Seeing Machines Limited	Uwww.seeingmachines.comU / [phone]
Mike McAuliffe, CEO	[e-mail]
Media enquiries	[e-mail]
finnCap Ltd
Ed Frisby / Emily Watts, Corporate Finance	[phone]
Tim Redfern / Richard Chambers, Corporate Broking
Canaccord Genuity Limited
Simon Bridges	[phone]
Richard Andrews Alexander Napier

About Seeing Machines

Seeing Machines (LSE: SEE) 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. 

 

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