Seeing Machines Limited Global Framework Agreement with Shell (5044O)
11 Octubre 2021 - 01:00AM
UK Regulatory
TIDMSEE
RNS Number : 5044O
Seeing Machines Limited
11 October 2021
Seeing Machines Limited
11 October 2021
Seeing Machines signs Global Framework Agreement with Shell
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, is delighted to announce that is has signed a Global
Framework Agreement with Shell Global Solutions International B.V.
("Shell") for the provision of its Driver Distraction and Fatigue
Technology ("DDFT"), Guardian, to enhance safety across its
worldwide operations.
Shell, a global group of energy and petrochemical companies with
more than 80,000 employees in over 60 countries, is very focused on
road safety and its employees and contractors drive a combined
distance of around 500 million kilometres every year. There is a
clear focus on safety across the Shell group of companies and they
are regular participants in research projects to better understand
driver behaviour and fatigue.
Shell is planning to deploy Guardian in areas where fatigue and
distracted driving are considered to be a safety risk. Given the
size of Shell's global footprint the deployment of Guardian is
expected to begin in 2021 but could take several years to fully
implement. Alongside a range of other DDFT solutions, Guardian has
been assessed by Shell to be an effective solution for managing
DDFT risks as part of an overall fatigue risk management plan.
Max Verberne, GM of Aftermarket at Seeing Machines commented:
"We are delighted to be working with Shell, who are genuinely
focused on safety, to deliver Guardian as they work towards
improved protection of their employees and the communities through
which they drive.
"Seeing Machines is leading the world in driver monitoring
system solutions across Automotive, Fleet and Aviation transport
sectors and being able to support such a prestigious customer in
our Aftermarket business with this project is rewarding and
exciting."
Enquiries:
Seeing Machines Limited +61 2 6103 4700
Paul McGlone - CEO
Sophie Nicoll - Corporate Communications
Cenkos Securities plc (Nominated Adviser and
Broker)
Neil McDonald
Pete Lynch +44 131 220 6939
Stifel Nicolaus Europe Limited (Joint Broker) +44 20 7710 7600
Alex Price
Nick Adams
Lionsgate Communications (Media Enquiries)
Jonathan Charles +44 07791 892509
This announcement contains inside information. The person
responsible for arranging the release of this announcement on
behalf of Seeing Machines is Sophie Nicoll, SVP, Corporate
Communications.
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' 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
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit 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.
END
AGRUPGMAUUPGURR
(END) Dow Jones Newswires
October 11, 2021 02:00 ET (06:00 GMT)
Seeing Machines (LSE:SEE)
Gráfica de Acción Histórica
De Feb 2024 a Mar 2024
Seeing Machines (LSE:SEE)
Gráfica de Acción Histórica
De Mar 2023 a Mar 2024