Seeing Machines Limited Cat Dealers Achieving DSS Mining Sales Success (9679Q)

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RNS Number : 9679Q

Seeing Machines Limited

23 June 2015

Seeing Machines Limited

Cat Dealers Achieving DSS Mining Sales Success

Cat Dealer Sales to New and Existing DSS Customers Supports a Strong Seeing Machines' Fourth Quarter

23 June 2015

Seeing Machines (AIM: SEE), the AIM-listed company with a focus on operator monitoring and intervention sensing technologies and services, is delighted to announce that Caterpillar Safety Services, in conjunction with major Cat dealers, are building a strong global DSS sales pipeline and have recently booked significant DSS sales in the Australian and Canadian markets.

Cat Safety Services and Finning Canada supply DSS solution to Kearl oil sands project in Alberta.

Kearl, located north of Fort McMurray Alberta and jointly owned by Imperial and ExxonMobil Canada, is one of Canada's highest-quality oil sands deposits with an estimated 4.6 billion barrels of recoverable bitumen resource.

Finning International, one of the world's largest distributors of Caterpillar products and support services, in partnership with Caterpillar Safety Services, have been contracted by Imperil to implement a DSS solution across a 47 haul truck fleet. The solution is underpinned by Caterpillar Safety Services provision of their Fatigue Risk Management consulting program designed to ensure that the technology delivers maximum safety and performance benefits to the customer.

WesTrac to supply and fit DSS hardware into BHP's Mount Arthur coalmine in Australia.

Wholly-owned subsidiary of BHP Billiton, Mount Arthur coalmine produces thermal coal used for power generation for both Australian and export markets. The mine has a full production capacity of 20 million tons per annum of raw energy coal.

Seeing Machines equipped half of Mount Arthur's fleet with DSS technology in 2013 following a successful pilot program. BHP is now deploying the technology into the balance of the site's 90 plus vehicle haul fleet with the help of Eastern Australian Cat dealer WesTrac. This Eastern Australian installation builds on BHP's global DSS coverage, which includes sites in South Africa, Western Australia and Latin America and contributes to Seeing Machines recurring licensing and monitoring revenue streams.

Caterpillar alliance agreement

Seeing Machines and Caterpillar continue to implement the four-phased alliance agreement. With key dealers now onboard, combined with Caterpillar Safety Services' services programs, the alliance is experiencing increased interest in the solution despite the challenging conditions in the resources sector.

Ken Kroeger, CEO of Seeing Machines said: "It's great to see the investment that Seeing Machines and Caterpillar have made begin to deliver returns for both parties and for the dealer network. The next phases of the relationship will introduce another level of integration between our companies and greatly expand the markets for our technology."

Enquiries:

 
 
   Seeing Machines Limited 
 Ken Kroeger, Managing Director        [phone] 
  and CEO                               [e-mail] 
 James Walker, Finance Director        [phone] 
                                        [e-mail] 
 US media inquiries:                   [phone] 
  Anne Donohoe                          [e-mail] 
 finnCap Ltd, Broker for Seeing Machines 
 Ed Frisby / Emily Watts, Corporate 
  Finance                              [phone] 
 Joanna Weaving, Corporate Broking 
 Newgate, Investment Communications for Seeing Machines 
 Robyn McConnachie                     Tel: [phone] / Mob: 
                                        [phone] 
  Tim Thompson                          [e-mail] 
 
  Lois Engstrand                        Tel: [phone] / Mob: 
                                        [phone] 
                                        [e-mail] 
 
                                        Tel: [phone] / Mob: 
                                        [phone] 
                                        [e-mail] 
 
 

About Seeing Machines

Seeing Machines, (AIM: SEE) is focused on operator monitoring and intervention sensing technologies and services. With more than 15 years of experience, Seeing Machines uses advanced detection and prevention safety assistance technologies to track eye and facial movement in order to monitor fatigue, drowsiness and distraction events, such as microsleeps, texting and cell phone use as they occur, while providing for a real-time intervention strategy, which improves operator, driver and environmental safety, preserves assets, and reduces risk. 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, Mountain View, California and Santiago, Chile. The Company has strategic alliances with Caterpillar, Electro Motive Diesel, Boeing, Takata, SEMCo and Eye Tracking Inc.

This information is provided by RNS

The company news service from the London Stock Exchange

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