REG - Seeing Machines Ltd - Three Collaborations to be showcased at CES 2023

Seeing MachinesAnnouncement

04/01/2023 07:00

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RNS Number : 4992L  Seeing Machines Limited  04 January 2023

This announcement contains inside information

 

Seeing Machines Limited ("Seeing Machines" or the "Company")

 

 

4 January 2023

 

Seeing Machines and partners showcase new technology collaborations at CES
2023

 

Seeing Machines Limited (AIM: SEE, "Seeing Machines" or the "Company"), the
advanced computer vision technology company that designs AI-powered operator
monitoring systems to improve transport safety, has announced a range of
technology collaborations as the world's most influential technology event,
CES 2023, gets underway in Las Vegas.

 

Seeing Machines will be hosting a full schedule of private appointments in the
Company's private suite in the Westgate Las Vegas Resort and Casino, and its
demo car, where customers, partners and other stakeholders will be able to
experience the latest software and algorithm developments for Seeing Machines'
leading FOVIO interior sensing technology.

 

This week, the Company has announced three strategic collaborations to be
showcased at CES:

 

§ A partnership with industry leaders Ambarella and Autobrains that delivers
a streamlined solution for automotive manufacturers by combining front
Advanced Driver Assistance System (ADAS) and Driver Monitoring Systems (DMS),
using a single System on Chip (SoC) and multiple cameras. This scalable
solution, bringing together three safety systems in a single box, provides a
rapid path to meeting more demanding transport industry standards and driver
safety regulations.

§ A unique collaboration with indie Semiconductor to deliver best-in-class,
vision-based sensing solutions in challenging conditions (e.g. low light) also
targeting simplified compliance with heightened safety standards. This
partnership is based on indie's integration of Seeing Machines' hardware
optimised and industry-leading Occula® Neural Processing Unit (NPU)
technology into their first generation of innovative vision sensing SoCs.

§ Analog Devices, a global semiconductor company, is working with Seeing
Machines to pair advanced infrared driver and high-speed camera connectivity
solutions with the Company's FOVIO technology to more accurately monitor
driver fatigue and distraction. The combined solution will readily meet
European Commission General Safety Regulations (GSR) and European New Car
Assessment Program (Euro NCAP) requirements.

 

Seeing Machines' interior sensing solutions will be on display throughout CES
2023 and each of the detailed press releases, announcing the above
collaborations, will be available on the Company's website
(http://www.seeingmachines.com) .

 

Paul McGlone, CEO of Seeing Machines, said: "As the focus on transport safety
around the world intensifies, never has our objective of getting everyone home
safely been more relevant. The increase in demand for mission-critical, in-car
driver monitoring systems is accelerating, underpinned by regulatory tailwinds
which present an exciting opportunity for Seeing Machines to deliver long-term
economic-cycle agnostic growth.

 

"The strategic partnerships we have agreed with other leading technology
firms, coinciding with CES 2023, are testament to the best-in-class driver
monitoring solutions that we have developed over 20 years. These solutions are
increasingly being adopted by global automakers that need to meet new
safety-standard requirements for all their car models in the near future."

 

The person responsible for this announcement is Paul McGlone, CEO.

 

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

 Nick Adams

 Ben Burnett

 Dentons Global Advisors (Media Enquiries)           +44 20 7664 5095

 James Styles

Jonathon Brill

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

 

About Seeing Machines (AIM: SEE), a global company founded in 2000 and
headquartered in Australia, is an industry leader in vision-based proprietary
monitoring technology that enable machines to see, understand and assist
people. Seeing Machines is revolutionising global transport safety. Its
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)

 

 

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