Seeing Machines Limited Zambian DSS Sale (4457T)

TIDMSEE

RNS Number : 4457T

Seeing Machines Limited

20 July 2015

DSS Sale in Zambia Kicks Off Strong Start to New Financial Year

Seeing Machines close major deal with new Zambian mining customer

20 July 2015

Seeing Machines (AIM:SEE), the AIM-listed company with a focus on operator monitoring and intervention sensing technologies and services, is proud to announce a (US) $1.1M DSS hardware sale to a new mining customer in Zambia.

Zambia is recognised as Africa's leading copper producing country, is home to some of the world's highest grade ore and is one of the top five copper producing countries in the world. For these reasons, Seeing Machines has been courting business in Zambia for over two years and is proud to have finalized a commercial agreement with one of the countries top mining companies.

Supported by Seeing Machines, the company's African DSS representative, Probe Integrated Mining Technologies (ITM), will manage the installation, commissioning and support of DSS technology for a fleet of over 100 haul trucks.

Seeing Machines will work with Caterpillar Safety Services and the Cat dealer network in other parts of the world to promote DSS solutions to the mining company's other mine sites.

Ken Kroeger, CEO of Seeing Machines said: "a lot of effort has gone into developing the mining business both globally and in Africa and it's great to see progress - it strongly demonstrates the viability of DSS business in Africa and we look forward to working with both the region's Caterpillar dealer and Caterpillar Safety Services to extend the reach to more customers and to help keep their workers safe."

Enquiries:

 
 
   Seeing Machines Limited 
 Ken Kroeger, Managing        [phone] 
  Director and CEO             [e-mail] 
 James Walker, Finance        [phone] 
  Director                     [e-mail] 
 US media inquiries:          [phone] 
  Anne Donohoe                 [e-mail] 
 finnCap Ltd, Broker for Seeing Machines 
 Ed Frisby / Christopher 
  Raggett 
  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

END

DISKKLBFEDFXBBL