REG - Seeing Machines Ltd - Seeing Machines unveils latest Guardian technology

Seeing MachinesAnnouncement

09/01/2024 07:00

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RNS Number : 0171Z  Seeing Machines Limited  09 January 2024

 

Seeing Machines Limited

("Seeing Machines" or the "Company")

9 January 2024

Seeing Machines unveils latest Guardian technology at CES 2024

-     Guardian is the company's world-leading Aftermarket Driver
Monitoring System for commercial vehicles and is currently connected to 54,000
vehicles globally

-     The new version includes Drowsiness Detection with refined
microsleep detection and eye-gaze tracking to protect drivers from risks
associated with distracted driving

-     New technology has been independently tested to meet the European
Commissions' General Safety Regulation for Drowsiness Detection

Seeing Machines Limited (AIM: SEE), the advanced computer vision technology
company that designs AI-powered operator monitoring systems to improve
transport safety, is proud to launch Guardian Generation 3, the latest version
of its Aftermarket Driver Monitoring System (DMS).

Guardian Generation 3 has been independently tested and confirmed to meet the
European Commissions' General Safety Regulation for Drowsiness Detection, a
requirement for all new cars, vans trucks and buses across Europe from July
2024. Guardian Generation 3 also features refined microsleep detection and
eye-gaze tracking which enhances its ability to accurately detect distracted
driving.

Seeing Machines has been protecting commercial transport and logistics
companies with its aftermarket Guardian solution globally, with over 14
billion kilometres of recorded travel across 54,000 vehicles. The third
generation Guardian hardware also delivers a range of features that leverage
the Company's proven automotive-grade algorithms and precision optics to
deliver premium performance in the most demanding real-world driving
conditions.

As operators around the world continue to seek out reliable safety technology
for their fleets, so too are commercial vehicle manufacturers. This enhanced
Guardian technology offers compliance certainty for these OEMs who can now
implement the technology via factory-fit or "after manufacture" and offer
their customers the opportunity to buy fully compliant, road-ready vehicles.

Paul McGlone, CEO of Seeing Machines commented: "Regulation continues to drive
demand for all of our DMS technology and I am very pleased to see that we have
successfully launched the next generation of our Guardian solution for
commercial transport and logistics companies as well as commercial vehicle
manufacturers. A reliable solution that only activates when required is so
important for driver adoption and continued road safety. Additionally,
supporting commercial vehicle OEMs with an aftermarket (or factory fit)
solution is critical to their ability to sell compliant vehicles. And, given
the lower annual volume of production of these vehicles versus cars, I am
delighted that Seeing Machines is able to service this new market segment
profitably and continue to drive our purpose of getting people home safely."

Seeing Machines' Guardian Gen 3 will be on display for private demonstrations
at CES 2024. For further information, please view our CES 2024 preview video
here (https://youtu.be/e7tTmzZyjk4) .

Enquiries:

 

 Seeing Machines Limited                                        +61 2 6103 4700
 Paul McGlone - CEO

 Sophie Nicoll - Corporate Communications

 Stifel Nicolaus Europe Limited (Nominated Adviser and Broker)  +44 20 7710 7600

 Alex Price
 Fred Walsh

 Nick Adams

 Ben Burnett
                                                                +44 20 7664 5095

 Dentons Global Advisors (Media Enquiries)

 James Styles

Jonathon Brill

 Methuselah Tanyanyiwa
 seeingmachines@dentonsglobaladvisors.com
 (mailto:seeingmachines@dentonsglobaladvisors.com)

 

 

About Seeing Machines (LSE: 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 is revolutionizing global transport safety. Its 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.

 

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