RCS - Seeing Machines Ltd - Guardian Gen 3 fitted into Wrightbus

Seeing MachinesAnnouncement

30/07/2024 07:15

For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20240730:nRSd2500Ya&default-theme=true

RNS Number : 2500Y  Seeing Machines Limited  30 July 2024

 

PRESS RELEASE

 

RNS REACH

 

Seeing Machines Limited

 

("Seeing Machines" or the "Company")

 

Seeing Machines' Guardian Generation 3 successfully fitted into Wrightbus and
confirmed for regulatory approval homologation

 

Canberra, 30 July 2024: Seeing Machines Limited (AIM: SEE), the advanced
computer vision technology company that designs AI-powered operator monitoring
systems to improve transport safety, announces that its recently launched
Guardian Generation 3 AI-powered driver monitoring solution has passed
'homologation' (i.e been approved and certified) for its inaugural commercial
vehicle customer, Northern Ireland based Wrightbus, the UK's largest electric
bus manufacturer.

 

Highlights:

 * Successful homologation for Guardian Generation 3 paves the way for adoption
by more commercial vehicle manufacturers in Europe, with rising demand being
driven by Europe's new General Safety Regulation (GSR) that came into effect
this month and mandates driver monitoring systems for signs of drowsiness

 * Wrightbus becomes Seeing Machines' first customer to achieve homologation,
setting a new safety standard in the public transportation industry

 * An additional three commercial vehicle OEM customers are in the process of
homologation with Guardian Generation 3

 

Homologation involves testing, certification and documentation to verify that
a Driver Monitoring System (DMS) is compliant with specific regulatory
standards in a region or country. This process is rigorous but, crucially,
confirms that Guardian Generation 3 has now been approved by the relevant
authorities in Europe as compliant for use in reducing the risks associated
with drowsy and subsequently distracted driving.

 

Ballmena based Wrightbus, which produces class leading electric and hydrogen
powered buses and is known for its cutting-edge and environmentally friendly
bus designs, has specifically chosen Seeing Machines' Guardian Generation 3 to
ensure compliance with the EU GSR and further enhance the safety features of
its fleet, ensuring its drivers remain safe on the roads across Europe and the
UK, now and into the future.

 

With Europe's GSR targeting all new vehicles having now come into effect,
successful homologation ensures Wrightbus' compliance with a stringent
standard known as a Driver Drowsiness and Attention Warning (DDAW), using
factory-fitted Guardian Generation 3.

 

The process for manufacturers of commercial vehicles to install technology,
known as a factory fit, requires significant planning to ensure alignment with
the wide range of other technology installed inside the vehicle during the
manufacturing process. Wrightbus' homologation is therefore an important
milestone for the public transportation sector and logistics industry more
widely, and Seeing Machines is confident that this process will continue to be
streamlined and made more efficient for subsequent customers.

 

Furthermore, Guardian Generation 3 is also well equipped to meet new European
GSR which from 2026 will require all vehicles to be installed with direct (or
camera-based) DMS technology to detect distraction. This makes Guardian a
market-leading, future-proof solution that will enable customers installing
today to meet regulations set in the future, a key factor in an industry where
the average life of a vehicle can exceed 14 years.

 

Wrightbus CEO, Jean-Marc Gales, said: "Vehicle safety is always at the fore
of everything we do and we're constantly looking at ways to enhance our
excellent safety record. Having the Guardian Generation 3 technology
operational in Wrightbus vehicles is helping us set a new standard for safety
in the public transportation industry."

 

Paul McGlone, CEO of Seeing Machines, added: "Achieving homologation or
technical approval with Wrightbus for Guardian Generation 3 marks a
significant milestone in the deployment of advanced driver monitoring systems
within the public transportation sector. Integrating our cutting edge, AI
powered camera technology into Wrightbus vehicles is an important step forward
in reducing the risks and accidents associated with driver fatigue, which will
soon encompass distraction as regulations comes into effect, fundamental to
our mission of saving lives."

 

Guardian Generation 3 leverages Seeing Machines' automotive-grade technology
with early and continuous drowsiness detection to protect drivers.

~ENDS~

 

About Seeing Machines (AIM: SEE), a global company founded in 2000 and
headquartered in Australia, is an industry leader in vision-based monitoring
technology that enable machines to see, understand and assist people. Seeing
Machines' technology portfolio of AI algorithms, embedded processing and
optics, power products that need to deliver reliable real-time understanding
of vehicle operators. The technology spans the critical measurement of where a
driver is looking, through to classification of their cognitive state as it
applies to accident risk. Reliable "driver state" measurement is the end-goal
of Driver Monitoring Systems (DMS) technology. Seeing Machines develops DMS
technology to drive safety for Automotive, Commercial Fleet, Off-road and
Aviation. The Company has offices in Australia, USA, Europe and Asia, and
supplies technology solutions and services to industry leaders in each market
vertical. www.seeingmachines.com (http://www.seeingmachines.com)

 

Media and investor enquiries: sophie.nicoll@seeingmachines.com
(mailto:sophie.nicoll@seeingmachines.com) or +61 419 149 683

 

About Wrightbus: Wrightbus has been leading the way in the transportation
industry with innovation since 1946. The company has a reputation for pushing
the boundaries in its pursuit of excellence. The company developed the world's
first hydrogen double deck bus and the world's most efficient electric double
deck. It is the only manufacturer in Europe to offer a complete suite of
zero-emission buses, with both battery electric and hydrogen fuel cell single
and double decks.

 

Wrightbus media enquiries should be made to:

 

Nathan Rous

Atmos Comms

07971 603477

nathan.rous@atmoscomms.com (mailto:nathan.rous@atmoscomms.com)

 

Sarah Hughes

Atmos Communications

07376255251

sarah.hughes@atmoscomms.com (mailto:sarah.hughes@atmoscomms.com)

 

This information is provided by Reach, the non-regulatory press release distribution service of RNS, part of the London Stock Exchange. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  NRABDGDRIUDDGSC