Business
Trading Statement
Trading Statement.
About this update from Seeing Machines Limited
[{"type":"text","content":"\n \nRNS Number : 9982I Seeing Machines Limited 23 June 2011 \n \n\n23 June 2011\nSEEING MACHINES LIMITED\n(\"Seeing Machines or the \"Company\")\n \nTRADING UPDATE\nSeeing Machines Limited (AIM:SEE), a leading developer of advanced vision based industrial systems, announces today that full year revenue and, as a consequence, full year results to 30 June 2011 will be significantly below market expectations. The shortfall is due to the delayed rollout of the DSS at a single mining site which is now scheduled for installation commencing in August 2011. Whilst Seeing Machines will see less DSS revenue in the second half of FY2011 than was reported for the first half, the Company has secured a number of significant new DSS mining customers in this half. With the business that will be generated with these new and existing customers the directors are confident of delivering growth during FY2012. \n \n \nEnquiries:\n\n\n\n\nSeeing Machines Limited\n\n\nNick Cerneaz, CEO\nBill Mobbs, Chairman\n\n\n+61 (0) 2 6103 4700\n\n\n\n\nDaniel Stewart & Company plc \n\n\nOliver Rigby \n\n\n+44 (0) 20 7776 6550\n\n\n\n\nWalbrook PR Ltd\n \n\n\n\nPaul McManus\n\nPaul Cornelius\n\n\n+44 (0) 20 7933 8780\n+44 (0) 7980 541 893, [email protected]\n+44 (0) 7866 384 707, [email protected] \n\n\n\n\n \n\nThis information is provided by RNSThe company news service from the London Stock Exchange END TSTBBGDLDGDBGBX \n ","length":3336,"tagName":"div"}]