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SEE Seeing Machines Limited

4.04
0.00 (0.00%)
24 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Seeing Machines Limited LSE:SEE London Ordinary Share AU0000XINAJ0 ORD NPV (DI)
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 4.04 4.00 4.04 4.065 3.985 4.04 6,303,334 16:35:02
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Computer Related Svcs, Nec 57.77M -15.55M -0.0037 -10.97 168.73M

Seeing Machines’ FOVIO Unit Announces Technology Demostrations at 2017 CES Show

05/01/2017 4:06pm

Business Wire


Seeing Machines (LSE:SEE)
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FOVIO, the automotive unit of Seeing Machines Ltd. (AIM:SEE), announces FOVIO-powered Driver Monitoring System demonstrations at the 2017 CES Show in Las Vegas (January 5-8).

Strong growth in demand for Driver Monitoring Systems (DMS) is evident from the increase in the number of automotive manufacturers and suppliers showcasing DMS this year. The increased industry adoption is driven by the need for intelligent advanced driver assistance (ADAS) systems, including driver distraction and drowsiness protection, as well as needs in enhanced driver information systems and semi-autonomous vehicles.

Since its 2015 CES debut alongside Jaguar [http://www.landroverusa.com/our-story/news/driver-attention-monitoring.html], interest in FOVIO DMS technology has grown significantly. Additional automotive OEMs and their suppliers showcasing FOVIO technology this year include Bosch, Takata, and Volkswagen.

  • Bosch’s vehicle demonstrates new intelligent driver interaction capabilities made possible by FOVIO precision eye-gaze technology.
  • Takata demonstrates steering-wheel integrated FOVIO DMS, enabling enhanced safety features made possible through understanding the state of the driver.
  • Volkswagen demonstrates a vehicle cockpit concept with integrated FOVIO DMS, using driver attention data for advanced driver information concepts.

Mike McAuliffe, CEO of FOVIO, noted: “We’re seeing a groundswell of demand from industry leaders for our leading-edge Driver Monitoring technology. Our partnerships at CES this year are a testament to the growing awareness of the importance of our technology for driver safety ADAS, secure automated driving technology, more intuitive information systems and next generation in-car human machine interfaces (HMI).”

About Seeing Machines

Seeing Machines, (AIM: SEE) is a leader in human sensing, operator/driver monitoring and safety intervention technologies and services. Based on over 15 years of market leading experience, Seeing Machines delivers advanced detection and analysis technologies to analyze head, face and eye movements in order to robustly monitor fatigue, drowsiness and distraction events (such as cell phone use), enable precision eye-tracking applications, which it delivers in machine learning based algorithm form and Fovio Vision Processor solutions. It further offers commercial customers full DMS system solutions backed by real-time monitoring and intervention services, which improves operator/driver safety, reduces road risk and better preserves assets. Seeing Machines’ technology is used by leading global customers 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 Canberra, Australia and has offices in Arizona, Detroit and Silicon Valley,California.

BWW CommunicationsNick FootPR DirectorT: 01491 636393

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