Flash note: SM Fleet product launch
Seeing Machines (SM) is today launching its new fleet product at the National Private Truck Council's (NPTC) annual conference in Cincinnati, Ohio, in the US. The new product is being marketed as Seeing Machines Fleet (previously DSSfleet) and is essentially a ‘de-ruggedised’, lower-cost version of SM’s DSSmining unit. In March we reported that SM expects to take delivery of 10,000 units of the new product over the coming months, and meanwhile it has been building up a pipeline of prospective customers. The launch shows that SM is on track with this important new product and we now await news of any significant product orders over late FY15 and into early FY16.Seeing Machines is engaged in developing, selling and licensing products, services and technology to detect and manage driver fatigue and distraction; developing driver-monitoring technology to be incorporated into passenger cars; entering commercial agreements with partners for the development, manufacturing and sale of products into key target markets; and research and development of Co.'s core vision processing technologies to support the development and refinement of Co.'s products.
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