Oh deary, Seeing m/c chairman steps down and there is no explanation, - or replacement (a board member steps in-DYOR),
This was ann. at the AGM held in Canbera - that's about as far away as you can get from their AIM-listing, and puts a BIG question-mark over their strategy.

- I would have thought their Market was UK/Eur/US, so that's a GOOD reason for having their meetings in London (where many of their Investors will have access, inc. journalists!).

SP dropped 17% on the News....

EDIT (7Feb2012)- Recent RNS says Canadian Investor is holding 6% - but sp fell today, now 2.75p - not looking good, Eh?
EDIT (8Jn2012)- 15% down, today at 2.13p . . . . Trend/friend?
EDIT (11Dec2014) _ looks like5 Dec14 placing at 5.5p was oversubscribed.( sp today~ 5p7 ).
EDIT (3June2015) - 4p5 isn't exactly good news.
EDIT(21July2015)- sp 5.6 after Rec. in MOS and Co ann. deal with US auto maker to make their driver-alert kit available . . . . may be good idea for HGVs but the Market isn't impressed with deals - only Sales..
EDIT (21Sept2015)--sp 4.5p it's half that at the start of 2014 DYOR - if you include dealing costs, you've probably lost more than 60% - this isn't for me as I understand it's an Australian business, so why no AGMs in London?
EDIT (20Dec2016)-sp ~4.5p - - - Posters obv. like this Co... Just wonder if "driverless cars/lorries" will spook Automotive sales? . . . but new tech could take more than 10years to blow-away drivers' jobs.
EDIT(10Nov2017)-now 5p5 spiked to 6p on collaboration news - far too early for income.... expect fall-back.
EDIT (16Feb2018)-sp 5p looks like a fall-back happened.... now about half-=price compared with previous spike to 10p+ I'm just not sure that "driverless" will blow-away this business, which appear to be a Retro-but-similar. Given that the likes of Uber, and countless others making vehicles, I fear the money is in the "whole-thing" rather than the camera-parts. Time will tell.

Yes Skinny. It seems to be building up a head of steam with regular positive news-flow. Pity I didn't top up earlier, but am in profit now.

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 it will hold its Annual General Meeting at its head office in Canberra, Australia at 5pm (Australian Eastern Daylight Time) on Tuesday 21 October 2014. The meeting will be held at Level 1, 11 Lonsdale Street, Braddon, ACT 2612.

The Notice of Annual General Meeting will be mailed to shareholders on 17 September 2014 and will also be available on the Company's website, at www.seeingmachines.com/investors.

Collaboration with Electro-Motive Diesel

Seeing Machines Limited, the AIM-listed (AIM: SEE) technology company pioneering computer-vision based operator monitoring and intervention technology services, has signed a strategic agreement with Electro-Motive Diesel, Inc. (EMD), a subsidiary of Progress Rail Services Corporation, a Caterpillar Company, related to in-cab operator fatigue and distraction monitoring systems for use in locomotives. A contract signing ceremony will be held at a press conference at InnoTrans-the largest international transport technology show-in Berlin, Germany, on Wednesday, September 24, 2014, 1-1:45 p.m. in Press Center Hall 6.3, Room A.

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Investor Update

AGM Statement

Capital Raising

Placing to raise £5.7m

Australian Offer and Overseas Offer to raise up to £1m

· Oversubscribed placing to support growth opportunities above and beyond initial plan

· More than 10 automotive OEMs engaged in assessment of our ADAS (Advanced Driver Assistance Systems) driving monitoring systems technology following announcement of Takata deal

· Accelerated interest by fleet operators in de-ruggedised DSS unit for fleet sales (trucks and coaches)

4 December 2014

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 it has raised £5.66 million, before expenses, through an equity placing. finnCap Ltd ("finnCap"), as the Company's broker, has conducted an oversubscribed placing of 102,963,652 new ordinary shares in the Company ("Ordinary Shares") (the "Placing Shares" and the "Placing") with new and existing institutional investors at a price of 5.5 pence per share (the "Placing Price"). The Placing demonstrates continued strong support by key shareholders and adds several further blue-chip institutions to the share register. In addition, the Company will provide an opportunity to certain existing shareholders to raise up to a further £1 million at the Placing Price or an AUD equivalent under an overseas offer and an Australian offer, details of which are set out below.

The net proceeds of the Placing, the overseas offer and the Australian offer (the "Fundraising") will provide the Company with working capital and further flexibility to pursue its six-sector business strategy, in particular to accelerate its engagement with a growing list of global car makers as well as launching a new product for the commercial transport market next year.


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Holding(s) in Company

Seeing Machines Limited (AIM: SEE), the AIM listed technology company with a focus on operator monitoring and intervention sensing technologies and services, was informed on 10 December 2014 by Royal Bank of Canada that its holds 55,523,390 ordinary shares in the capital of the Company equating to 5.96 per cent of the Company's total voting rights.

Link copied - Jaguar Demos a Car That Keeps an Eye on Its Driver

CES Las Vegas and Result of Offers

Demonstration of next generation driver system at
Consumer Electronics Show (CES) in Las Vegas

· Offers raise £570,600, to supplement £5.7 million raised in December 2014 placing.
· Next generation driver monitoring system demonstrated with Jaguar at CES in Las Vegas.


14 January 2015

Results of Australian Offer and Overseas Offer

Seeing Machines Limited (AIM: SEE), the AIM listed technology company with a focus on operator monitoring and intervention sensing technologies and services, announces that, further to its announcement on 4 December 2014, it has finalised the Australian and Overseas Offers (the "Offer") and raised £570,600 (approximately $1.05 million) through the issue of 10,378,188 new Ordinary Shares (the "Offer Shares") at a price of 5.5 pence (or 10 Australian cents) per Ordinary Share to eligible Seeing Machines Shareholders and Depositary Interest holders. The Offer follows an earlier successful raising of £5.7 million from new and existing institutional investors, as announced on 4 December 2014.

The net proceeds of the Offer will provide the Company with working capital and further flexibility to pursue its six-sector business strategy, in particular to accelerate its engagement with a growing list of global car makers as well as launching a new product for the commercial transport market.

Demonstration at Consumer Electronics Show

At the International Consumer Electronics Show (CES), held last week in Las Vegas, Seeing Machines demonstrated its next-generation driver monitoring system (DMS) in a modified Jaguar F-TYPE on the Intel stand. The prototype DMS was jointly developed with Takata and Jaguar Land Rover. The DMS uses attention-monitoring sensors to detect eye and facial movements so it can identify if the driver has become inattentive, either due to drowsiness or distraction. The interactive demonstration of the Company's technology at CES generated extremely positive responses from the automotive and silicon industries as well as the broader technology sector.

As previously announced, Seeing Machines is working with its partner Takata to develop driving monitoring system technology for automotive OEMs, with one OEM contracted and others in various stages of technology assessment and commercial discussions. The Company will make further announcements if and when it secures contracts, through Takata, for additional OEMs.

Further information on the CES demonstration can be found at http://www.seeingmachines.com/investors.

Admission of Offer Shares

Application has been made for the Offer Shares to be admitted to trading on AIM and admission is expected to take place on or about 15 January 2015.

Following the admission of the Offer Shares, the Company will have 940,978,309 Ordinary Shares on issue, all of which will carry voting rights. This figure may be used by shareholders of the Company as the denominator for calculations by which they will determine if they are required to notify their interest in, or change to their interest in, the ordinary share capital of the Company.

Half Year Results to 31 December 2014

Key Points:

Financial

· Total revenue for the half year increased by 41% to A$9,437,346 (December 2013: A$6,689,766);
· Increase in sales, licensing and service income (A$5,867,061 compared to A$5,640,100 for 2013);
· Sales to the mining industry increased by 26%, despite challenging market conditions;
· Mining revenue beginning to transition from hardware sales to recurring revenue streams, with services revenue increasing by 62% to A$1,351,944;
· Net loss increased to A$4,310,464 (December half 2013: loss of A$844,903), reflecting planned increase in R&D activities and investments in sales and marketing resources;
· Cash at 31 December 2014 decreased to A$21,185,430 (30 June 2014: A$22,764,774) mainly as a result of the increase in these activities but offset by capital raising of A$10,627,929.


Operational

· Executing our strategy to commercialise our technology in six global industries: mining; commercial fleets; road vehicles; rail; consumer electronics; and aviation and simulators;
· Strategic alliance agreement signed with TK Holdings Inc., the Americas subsidiary of Takata Corporation, an automotive industry leader in the supply of advanced driver safety systems (ADAS);
· First contract secured with Takata, and product development underway, to deliver a driver monitoring system to a global passenger car OEM, with more than 10 other OEMs at various stages in assessing our technology;
· Strategic agreement signed with Electro-Motive Diesel, Inc. (EMD), a Caterpillar Company, related to in-cab operator fatigue and distraction monitoring systems for use in locomotives and other railway vehicles;
· Memorandum of Understanding (MOU) with Samsung Electro-Mechanics Corporation to facilitate joint development of face and eye tracking technology for the consumer electronics industry;
· A strategic alliance with Insurance Underwriting Managers in South Africa to trial DSSTM with a major South African logistics fleet to assess the technology's ability to reduce fatigue and distraction related road accidents;

· On track to launch DSSFleetTM product for the commercial road transport market in April 2015; and
· Strategic joint venture with Chilean company GTD Ingenieria de Sistemas to form Seeing Machines Latin America to enable the highest levels of service to both mining and road transport customers and our local Caterpillar dealers.

Expanded Alliance Agreement with Caterpillar

Seeing Machines (AIM: SEE), the AIM-listed technology company with a focus on operator monitoring and intervention technologies and services, is pleased to announce that it has signed a marketing and licence agreement with Caterpillar Inc., under which Caterpillar Safety Solutions will provide 24/7 monitoring and analytical services to their global customers using Seeing Machines' DSSTM products.

With key global Cat® dealers now marketing, selling and supporting Seeing Machines' DSS MiningTM product and support services, Seeing Machines and Caterpillar have formally entered the next phase of a four-phase global alliance agreement.

Caterpillar Safety Solutions (CSS), in tandem with global Cat dealers and Seeing Machines, will offer customers a unique, end-to-end fatigue risk management solution. The integrated solution combines technical consulting and change management services with a powerful technology suite that incorporates Seeing Machines' DSS in-vehicle protection and 24-hour DSSi operator monitoring service provided through Caterpillar's Condition Monitoring Centres.

Under license, Caterpillar data analysts will use DSSi to remotely monitor DSS equipped fleets around the clock in real time, analyse operator and system performance to help prevent incidents, identify risk trends and provide line of sight to a host of factors that influence not only safety, but also operational efficiency and vehicle performance and health.

Where the first phase of the Seeing Machines and Caterpillar global alliance focuses on the mining sector, this new offering is available across Caterpillar's broader industries, including construction, aggregate and quarry and forestry, and will be accessible through Caterpillar's global dealer network.

Fleet Product Launch

First Order for New Fleet Product

In addition to the announcement of a first order Seeing Machines also offered an update on its progress in other target markets. No numbers given in the update but seemingly encouraging on many fronts!

We will have to wait until July 2015 for a post financial year end trading update. The house broker forecasts revenues of AU$18.6m and adjusted loss before tax of AU$11.3m for the year to June 2015.

New research note at http://tinyurl.com/qekbvvp

Caterpillar Safety Services Deploy DSS in Fatigue Risk Assessment Program

Trading Update & New SVP Sales Appointed

DSS Sale in Zambia Kicks Off Strong Start to New Financial Year

Notice of Results

SEE & Caterpillar Sign Global Agreement

Final Results

Key Points:

Financial

· Revenue increased 20% to A$21.2 million (excluding foreign exchange gains), a record for the Company (FY2014: A$17.7 million).
· Increase of more than 70% in the number of products shipped, to 1,828 units, another record for the Company (FY2014: 1,059 units).
· Revenue largely from DSS mining product and services, with some revenue from initial sales of the new Seeing Machines Fleet product.
· Investment in systems and infrastructure to enable growth resulted in increased expenses for R&D, sales and marketing and corporate activities.
· Operational expenses increased to A$24.3 million (FY2014: A$13.2 million).
· Net loss increased to A$10.2 million (FY2014: loss of A$2.7 million), reflecting planned increase in R&D activities and investments in sales and marketing resources.
· Completed a capital raising of A$10.8 million (after costs). Cash reserves at 30 June 2015 were A$14.2 million (30 June 2014: A$22.7 million). At 30 June 2015 the Company had trade debtors of A$7.3 million (30 June 2014: A$5.5 million).

Operational

· Executing our strategy to commercialise our technology in six global industries: mining; commercial fleets; road vehicles; rail; consumer electronics; and aviation and simulators.
· Dramatic advances in automotive and aviation technologies.
· Continued increase in sales from DSS products and services, despite challenging conditions in the global mining industry. DSS revenue includes A$6.2 million from Seeing Machines Latin America, the Company's joint venture in Chile established in August 2014.
· Extended our exclusive global alliance with Caterpillar, first announced in May 2013, by signing DSS distribution agreements with additional Caterpillar dealers. In March 2015 we signed a marketing and licence agreement for Caterpillar Safety Solutions to provide 24/7 monitoring and analytical services to their global customers using Seeing Machines' DSS products.
· Developed and launched Seeing Machines Fleet, a new product for the commercial road transport market. Signed several distribution agreements and received first product orders.
· Strategic alliance agreement signed with TK Holdings Inc., the Americas subsidiary of Takata Corporation, an automotive industry leader in the supply of advanced driver safety systems (ADAS). Through Takata, the Company secured a contract to develop driver monitoring systems for a global car maker.
· Successful research collaboration with Boeing Research & Technology - Australia, providing the eye tracking technology that monitors and measures a pilot's situational awareness. A jointly developed solution was installed in a Boeing Flight Services 737 Flight Simulator at the Brisbane International Airport.
· Strategic agreement signed with Electro-Motive Diesel, Inc. (EMD), a Caterpillar Company, related to in-cab operator fatigue and distraction monitoring systems for use in locomotives and other railway vehicles.
· Memorandum of Understanding (MOU) with Samsung Electro-Mechanics Corporation to facilitate joint development of face and eye tracking technology for the consumer electronics industry.
· Ended the financial year with a strong balance sheet and strong pipeline.
· Management confident in ongoing strategy and growth delivery.

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