Seeing Machines Limited

Management Reports • Apr 9, 2014

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RNS Number : 3625E

Seeing Machines Limited

09 April 2014

Seeing Machines Limited

("Seeing Machines" or "the Company")

Seeing Machines ramps-up production with In-Tech Electronics

Canberra, Australia, 9 April 2014 - Seeing Machines Limited, the AIM-listed (AIM: SEE) technology company pioneering computer-vision based operator monitoring and intervention technology products and services, announces its appointment of In-Tech Electronics Ltd ("In-Tech"), a manufacturer of high-end electronic equipment headquartered in Hong Kong, to scale-up production of the Company's Driver Safety System (DSS).

The manufacturing agreement with In-Tech, initially for 3 years, will ensure that the Company is able to meet the current and future increased demand anticipated from Seeing Machines' customers and as a result of the Company's alliance with Caterpillar Global.  Working with In-Tech will allow the Company to reduce its manufacturing and logistics costs and to reduce production lead times.

In-Tech is an international Electronics Manufacturing Service (EMS) provider, offering end-to-end solutions to OEM customers in the automotive, medical & healthcare, communication & networking and POS & banking fields as well as marine and aerospace electronics. Based in Hong Kong with manufacturing facilities in Shenzhen, China, In-Tech is a Lean Six Sigma Company, fully accredited to international quality management standards ISO9001, ISO14001, ISO13485, ISO14001, AS9100 and TS16949.

In-Tech's commitment to providing manufacturing product design support services to its customers provides competitive cost advantages with an accelerated time to market.

In-Tech's CEO, Albert Ho, said:

"We are honoured to be working with Seeing Machines to manufacture their fatigue management solution hardware. We think that our company is the perfect fit to meet the challenges of an accelerating order pipeline and  delivery of the highest quality product to end-users."

Seeing Machines' CEO, Ken Kroeger added:

"The move to In-Tech represents another step forward in the company's development and will ensure our customers experience the highest levels of quality and product reliability as we continue to grow. We will enjoy immediate cost-savings, and given In-Tech's record of delivering high-tech hardware solutions, we are confident about our future manufacturing platform."

Enquiries:

Seeing Machines Limited	www.seeingmachines.com
Ken Kroeger, Managing Director and CEO	+61 2 6103 4700 [email protected]
James Walker, Finance Director	+61 2 6103 4700 [email protected]
finnCap Ltd
Ed Frisby / Ben Thompson, Corporate Finance	+44 20 7220 0500
Simon Starr, Corporate Broking
Newgate Threadneedle, Investment Communications for Seeing Machines
Graham Herring	Tel: 020 7653 9858 Mob: 07793 839 024 [email protected]
Robyn McConnachie	Tel: +44 20 7653 9852 Mob: +44 7540 706 191 [email protected]

About Seeing Machines

Seeing Machines, (AIM: SEE), is an AIM-listed technology company that specialises in operator monitoring and intervention technologies and services. Its software and engineering services are used in products and applications that range from devices that improve driver safety and save lives to assessing trainees in simulators and simplifying the relationships between people and technology. Seeing Machines technology is used worldwide across the automotive, mining, transport and aviation industries; as well as many of the leading academic research groups and transportation authorities. Seeing Machines is headquartered in Australia and has offices in Tucson, Arizona and San Francisco, California. The Company counts Caterpillar, BHP Billiton, Freeport McMoran, MIT, Boeing and General Motors amongst its customers. 

About In-Tech

Founded in 1997, In-Tech is a Hong Kong based company with well-equipped manufacturing facilities in China.  In-Tech continues striving to be a world-class Electronics Manufacturing Service (EMS) provider offering end-to-end solutions to our OEM customers in the areas of automotive, medical & healthcare, communication & networking, POS & banking as well as marine and aerospace electronics.  In-Tech provides a competitive cost with an accelerated time to market.  Their ultimate goal is to keep their customers care-free in the development and manufacturing stage, so that they can optimize their resources in marketing their brand and extending services to their customers.

This information is provided by RNS

The company news service from the London Stock Exchange

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