Seeing Machines Limited New Director Appointment (7064V)
February 01 2017 - 2:15AM
UK Regulatory
TIDMSEE
RNS Number : 7064V
Seeing Machines Limited
01 February 2017
Seeing Machines Limited
("Seeing Machines" or the "Company")
New Director Appointment
1 February 2017
Seeing Machines Limited (AIM: SEE), the AIM listed technology
company with a focus on operator monitoring and intervention
sensing technologies and services, is pleased to announce that Mr
Timothy Macmillan Crane (Tim) joins the Board as a non-executive
Director, with effect from 1 February 2017.
Mr Crane, aged 42, is General Manager - Cat Services, Marketing
& Digital Division. Mr Crane joins the Board to further
strengthen the relationship between Seeing Machines and Caterpillar
Inc. and to help drive safety related revenues for both companies
under the existing global agreement for product development,
licensing and distribution.
Mr Crane, based in Peoria, USA, joined Caterpillar in 2011 when
his safety culture consulting company was acquired. Under his
leadership, Caterpillar Safety Services has achieved global
expansion, significant annual growth and has become an enterprise
model for commercialising solutions. In 2017 he assumed leadership
of the Cat Services group and three additional customer-focused
solutions businesses - Drone Services, Equipment Management (EM)
Services and Cat Analytics. Mr Crane has a Bachelor of Business
Administration and Marketing from Baylor University.
Seeing Machines' Managing Director, Mr Ken Kroeger: "We have
been working with Tim at a strategic level within Caterpillar for
several years, structuring our commercial relationship and
executing the DSS business. Tim's understanding of our technology,
industries and opportunities will see him add significant value to
the Seeing Machines' board."
Seeing Machines' Chairman, Terry Winters: "We are pleased to
have Tim join the Board and we are looking forward to gaining the
benefit of new insights into the markets served by Caterpillar. We
believe this is essential to maximising the relevance and
application of Seeing Machines products and services within these
very large market segments."
The following disclosures are required regarding Timothy Crane's
appointment pursuant to Schedule Two paragraph (g) of the AIM Rules
for Companies:
Current directorships and partnerships:
Nil
Past directorships and partnerships held over the last 5
years:
Nil
Timothy Crane has no shareholding in the Company.
No further disclosure is required under AIM Rule 17 and
paragraph (g) to Schedule Two of the AIM Rules with respect to
Timothy Crane.
Enquiries:
Seeing Machines Limited www.seeingmachines.com / +61 2 6103
4700
Ken Kroeger, Managing Director Ken.Kroeger@seeingmachines.com
and CEO
Media inquiries marketing@seeingmachines.com
finnCap Ltd, Broker for Seeing Machines
Ed Frisby / Emily Watts, Corporate
Finance +44 20 7220 0500
Tim Redfern / Hannah Boros,
Corporate Broking
Newgate, Investment Communications for Seeing Machines
Bob Huxford Tel: +44 20 7653 9848 / Mob: +44 7469
154 806
Bob.huxford@newgatecomms.com
Adam Lloyd
Tel: +44 20 7653 9842 / Mob: +44 7966
609 084
Adam.loyd@newgatecomms.com
About Seeing Machines
Seeing Machines, (AIM: SEE) is focused on operator monitoring
and intervention sensing technologies and services. With more than
15 years of experience, Seeing Machines uses advanced detection and
prevention safety assistance technologies to track eye and facial
movement in order to monitor fatigue, drowsiness and distraction
events, such as microsleeps, texting and cell phone use as they
occur, while providing for a real-time intervention strategy, which
improves operator, driver and environmental safety, preserves
assets, and reduces risk. Seeing Machines' technology is used
worldwide across the automotive, mining, transport and aviation
industries; as well as many of the leading academic research groups
and transportation authorities. Seeing Machines is headquartered in
Australia and has offices in Tucson, Arizona and Mountain View,
California. The Company counts Caterpillar, Electro Motive Diesel,
Progress Rail, Boeing, Takata, SEMCo, and Eye Tracking Inc among
its partners.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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