Business
Dubai Distributor Wins Guardian Contracts in 2017
Dubai Distributor Wins Guardian Contracts in 2017.
About this update from Seeing Machines Limited
[{"type":"text","content":"\n \nRNS Number : 8572X Seeing Machines Limited 30 November 2017 \n\nSeeing Machines Limited\n(\"Seeing Machines\" or the \"Company\")\n \nSeeing Machines' Dubai Based Distributor Wins Significant Guardian Contracts in 2017\n \n30 November 2017\n \nSeeing Machines (LSE: SEE), an industry leader in computer vision technologies which enable machines to see, understand and assist people is pleased to announce that Dubai based Technologica Information Technology LLC (\"Technologica\") has won two major Guardian deals in 2017 in the Middle East and Russia, with the combined opportunity expected by Seeing Machines to total 5,620 Guardian units. The Guardian units are expected to be ordered from Seeing Machines and installed over a one to two year timeframe and would represent the Company's largest single fleet customer deals to date. \n \nSeeing Machines has received purchase orders in relation to the above from Technologica totaling 1,000 Guardian units, some of which have been delivered, but the majority of these 1,000 units are expected to benefit the current financial year. Technologica's first contract for Guardian units covers the fleet of a large Russian supermarket chain. Their second contract has been secured with a Dubai based public transport entity where Guardian will be installed into the full fleet, and integrated with telematics and additional Advanced Driver Assistance System technology. \n \nTechnologica, Seeing Machines' exclusive partner in the Middle East, provides a comprehensive range of technology implementation and consultancy services across the region. Technologica continues to work closely with many Middle East based organisations and has a strong pipeline of opportunities across the region.\n \nGuardian is Seeing Machines' pioneering real time driver fatigue and distraction detection and intervention solution for commercial fleets.\n \nPaul Angelatos, General Manager and President of Fleet, Rail and Off-Road at Seeing Machines commented: \"We are delighted to be working closely with Technologica who have an impressive reputation and relationship base in their chosen markets. These successful deals reflect the significant opportunities for Seeing Machines' Guardian across the Middle East and Europe and we look forward to continuing this positive collaboration.\"\n&nbs...