Seeing Maches signs more CAT Dealers

RNS Number : 3979Y

Seeing Machines Limited

24 January 2014

 



Seeing Machines Limited

("Seeing Machines" or "the Company")

Seeing Machines signs more CAT® Dealers to service mining customers in Mexico and Colombia

Seeing Machines Limited (AIM: SEE), the AIM-listed technology company with a focus on computer vision based operator monitoring and intervention technology services, announces that its operator safety division has signed two more Caterpillar Dealers to provide Seeing Machines products and service to miners in Latin America.

Empresas Matco, S.A de C.V. (MATCO) provides mining services to the states of Sonora, Sinaloa, Baja California Norte, and Baja California Sur in Mexico.   General de Equipos de Colombia S.A. (GECOLSA) is located in Colombia and provides service to all of Colombia, Guyana and Bahamas (the latter two through its affiliates). 

With dealer distribution agreements now in place with both MATCO and GECOLSA, mining customers in Mexico and Colombia now have full access and support through CAT dealer networks to Seeing Machines' Driver Safety Systems. 

MATCO's Technology Solutions Leader, Rogelio Nunez, said:

"By choosing to bring the leading Fatigue Management technology with Seeing Machines, Empresas MATCO, S.A. de C.V. is expanding its mining technology portfolio with solutions that leverage our customers' operations with best in class technology products, reducing their costs and maximizing their productivity. With market leading fatigue management technology, Seeing Machines - Driver Safety System (DSS) is a reliable, robust and easy to install and operate solution. We believe DSS will enable our customers to minimize risks associated with operator fatigue in their mine sites, increasing safety significantly."

GECOLSA - Mining Sales & Marketing Manager, Fredy Daza, stated:

"We are very pleased with the benefits this technology can bring to our customers, mitigating the operator fatigue incidents and providing a safer work environment."

Seeing Machines' VP - Operations, Russ Armbrust, added:

"Fatigue is a serious issue in the mining industry. Seeing Machines' Driver Safety System reduces the danger of fatigue-related injuries for vehicle operators and we are extremely excited as an organization to be working with MATCO, GECOLSA, and Caterpillar Corporate to provide and promote our safety systems to operators and companies located in Mexico and Colombia.  Through MATCO, GECOLSA and other dealers, we are already in discussion with a number of mining companies that are new to Seeing Machines, but will be serviced by the CAT dealers in their regions.  We as a Company look forward to our partnerships with these dealers and to helping our future customers."

Ken Kroeger, CEO of Seeing Machines, said that the Company is in discussion with more than 20 CAT dealers with a view to them becoming Seeing Machines distributors.  Further updates will be announced as distribution agreements are executed.

Enquiries:

Seeing Machines Limited	www.seeingmachines.com
Ken Kroeger, Managing Director and CEO	[phone] [e-mail]
James Walker, Finance Director	[phone] [e-mail]
finnCap Ltd
Ed Frisby / Ben Thompson, Corporate Finance	[phone]
Simon Starr, Corporate Broking
Axicom, PR for Seeing Machines
Jamie Stevenson	Tel: [phone] Mob: [phone] [e-mail]
James Kennedy	Tel: [phone] Mob: [phone] [e-mail]
Newgate Threadneedle, Investment Communications for Seeing Machines
Graham Herring	Tel: [phone] Mob: [phone] [e-mail]
Robyn McConnachie	Tel: [phone] Mob: [phone] [e-mail]

About Seeing Machines

Seeing Machines, (AIM: SEE), is an AIM-listed technology company that specialises in operator monitoring and intervention technologies and services. Its software and engineering services are used in products and applications that range from devices that improve driver safety and save lives to assessing trainees in simulators and simplifying the relationships between people and technology. Seeing Machines technology is used worldwide across the automotive, mining, transport and aviation industries; as well as many of the leading academic research groups and transportation authorities. Seeing Machines is headquartered in Australia and has offices in Tucson, Arizona and San Francisco, California. The company counts Caterpillar, BHP Billiton, Freeport McMoran, MIT, Boeing and General Motors amongst its customers. 

 

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