("Seeing Machines" or the "Company")
Seeing Machines Limited (AIM: SEE), an industry leader in computer vision technologies which enable machines to see, understand and assist people, announces that on 22 January 2018 the Company was informed that on 19 January 2018, Lombard Odier Asset Management (Europe) Limited acquired ordinary shares in the Company resulting in a holding of 112,013,700 ordinary shares in the Company representing 5.00 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 |
+44 20 7523 8000 |
Richard Andrews Alexander Napier
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Seeing Machines (LSE: 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 people and drivers through AI analysis of head-tracking, face-tracking and eye-tracking for Driver Monitoring Systems (DMS), which monitor driver attention state including drowsiness and distraction. DMS is now considered a primary automotive safety technology as well as a core 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 the Aviation, Rail and Off-Road markets as well as driving innovative solutions for new markets. Based in Canberra, Australia with a growing global footprint, the Company delivers multi-platform solutions from embedded software and processors to aftermarket systems and service solutions to industry leaders globally. www.seeingmachines.com.