Seeing Machines Limited Board Changes (8088M)
14 Maggio 2020 - 8:00AM
UK Regulatory
TIDMSEE
RNS Number : 8088M
Seeing Machines Limited
14 May 2020
Seeing Machines Limited
14 May 2020
Board Changes
Seeing Machines appoints new Non-Executive Director
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 pleased to announce that it has appointed Michael Brown
as a non-executive director and to the Seeing Machines board,
effective immediately.
Michael Brown is a highly experienced financial markets
professional based in London and comes to the Seeing Machines board
with a deep knowledge of the AIM market and small to mid-cap
technology companies, as well as previous plc non-executive and
observer board roles. He is currently a portfolio manager within
the Volantis team at Lombard Odier Investment Managers.
Michael will be appointed to the People, Culture &
Remuneration Committee. He holds a Bachelor of Arts (Hons)
Economics/Politics from Durham University (2002).
Michael Brown commented: " I am pleased to be joining the Board
of Seeing Machines as a representative of the Company's largest
shareholder. We believe the Company possesses world class
technology and will play a vital role in improving transport safety
as legislation demands increased operator monitoring systems as
standard. As a core strategic holding we look forward to working
closely with the management and existing board to deliver
incremental value as the business builds further momentum over the
months and years ahead."
Kate Hill, Chair of Seeing Machines commented: "We are delighted
to welcome Michael to the board of Seeing Machines and look forward
to leveraging his deep knowledge and experience of the financial
markets in London and New York, and particularly, the AIM market,
skills which will nicely complement those of our existing board
members. He has been closely associated with the company over the
past few years as Lombard Odier's interest has gradually increased
and I know Seeing Machines will benefit from his contribution."
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
In relation to the appointment of Mr Brown, the Company confirms
that there is no further information to be disclosed under
paragraph (g) of Schedule 2 of the AIM Rules for Companies save as
disclosed below:
Full Name: Michael James Brown
Age: 40
Current Directorships / Partnerships: N/A
Directorships / Partnerships Burnley Cricket Club Limited
in last 5 years : Burnley Cricket Club Bar Limited
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' 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
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END
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