Trading Update

RNS Number : 7455H

Seeing Machines Limited

25 June 2013

 



Seeing Machines Limited

("Seeing Machines" or the "Company")

Trading Update

Seeing Machines Limited (AIM: SEE), is pleased to confirm that it remains on track to deliver full year revenue and profit results in line with market expectations through to 30 June 2013.

In addition, the Company is pleased to announce that it has signed a contract with BHP Billiton to begin a 15 vehicle trial of its Driver Safety System (DSS) fatigue and distraction monitoring solution at BHP Billiton's Mt Arthur Coal mine in New South Wales, Australia. Seeing Machines' DSS technology will undergo a 90-day evaluation period valued at over AU$300,000 starting at the end of June 2013.

The trial follows recent news that Seeing Machines has signed a strategic, multi-phase agreement with Caterpillar Global Mining LLC., the world's leading manufacturer of mining equipment, for the initial supply and support of DSS technology through the global Cat® Dealer network.

Enquiries:

Seeing Machines Limited	Terry Winters (Chairman) Ken Kroeger (Managing Director & CEO)	[phone] [e-mail] [phone] [e-mail]
finnCap Ltd	Ed Frisby/Ben Thompson (Corporate Finance) Simon Starr (Corporate Broking)	[phone] [e-mail]
AxiCom Limited	James Kennedy	[phone] [e-mail]

About Seeing Machines

Seeing Machines, (AIM: SEE), is an AIM-listed technology company that specialises in visual computing systems that track faces, eye and facial features in real time. Its software and engineering services are used in products and applications that range from devices that detect eye disease to prevent loss of sight, to those that improve driver safety and save lives. Seeing Machines technology is used worldwide across the automotive, mining, gaming, transport and aviation industries; as well as many of the leading academic research groups, transportation authorities, and Defence Departments. Seeing Machines is based in Canberra, Australia, and Tucson, Arizona and counts Toyota, Nissan, Motorola and Bosch among its customers.

 

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