Business
Automotive progress
Automotive progress.
About this update from Seeing Machines Limited
[{"type":"text","content":"\n Seeing Machines Limited\n18 September 2006\n\n\n\n18 September 2006\n\n\n Seeing Machines Limited\n ('Seeing Machines' or the 'Company')\n\n SEEING MACHINES MAKES STRONG PROGRESS IN AUTOMOTIVE MARKET\n\n DRIVER FATIGUE AND DISTRACTION SYSTEM COMMENCE\n SECOND PHASE FIELD TRIAL\n \n\nSeeing Machines (AIM : SEE) announce the commencement of the second phase field\ntrial of the driver fatigue, distraction and state sensor system ('DSS') in\nassociation with a major oil field services and mining company in Texas, USA.\nIn a collaborative effort with our technology commercialization partner, Hella\nKGaA Hueck & Co ('Hella'), Seeing Machines is testing the technology under real\nworld operating conditions.\n\n\nThis second phase trial builds on the initial phase that has been run over the\nlast 6 months with Seeing Machines' Texan Partners. That work has inspired a\nnumber of refinements and optimizations of the DSS-Research product that are now\nbeing tested.\n\n\nNick Cerneaz, CEO, Seeing Machines said: 'Putting the device into the hands of a\nfleet operator working under such harsh conditions is allowing us to iron any\nremaining issues before we proceed to the general release of the product in the\nnear future. We are enthused with the progress of the testing to date and very\nmuch look forward to this next phase.'\n\n\nThe DSS-Research Product will be released in Q4 2006 and is targeted at\ngovernment, university and fleet manager multi-car fleet trials / research.\n\n\nAutocRC PrOJECT Agreement SIGNED\n\n\nSeeing Machines announces the execution of an agreement for research,\ndevelopment and commercialisation into vision based collision avoidance\napplications with the Co-operative Research Centre for Advanced Automotive\nTechnology Ltd. ('AutoCRC'). Seeing Machines had earlier agreed to become a\nResearch Participant in the AutoCRC, and this agreement constitutes the\nformation of a specific project and programme of work within that framework.\n\n\nThe vision based collision avoidance project is a collaborative project lead by\nSeeing Machines and includes Latrobe University and the Australian National\nUniversity as R&D participants along with GM Holden and Australian Arrow as\nindustry participants.\n\n\nSeeing Machines will receive A$788k for work on the project through to September\n2008. This project is initiall...