Seeing Machines Limited Director Resignation (7565Q)
02 March 2016 - 8:00PM
UK Regulatory
TIDMSEE
RNS Number : 7565Q
Seeing Machines Limited
02 March 2016
Seeing Machines Limited
Director Resignation
2 March 2016
Seeing Machines Limited (AIM: SEE), the AIM listed vehicle
operator monitoring technology company, announces the resignation
of James Walker as Chief Financial Officer (CFO) and Executive
Director. Mr Walker, who is based in Sydney, has resigned in order
to take up a CEO role at another emerging non competing technology
company.
Mr Walker joined the Company as CFO in June 2013 and was
appointed to the Board as an Executive Director in January 2014. Mr
Walker's resignation as a Board director takes effect on 1 March
2016, and under the terms of his employment agreement as CFO, Mr
Walker is obliged to give the Company not less than three months'
notice of his resignation. This period will end on 1 June 2016. In
the meanwhile, he will continue to provide support to the Company
in his CFO role until that date, or such other earlier date that
the Board may decide. The Board will shortly begin a process of
identifying appropriate candidates for the CFO role.
Seeing Machines' Chairman, Terry Winters:
"The Board acknowledges and appreciates the dedication James has
shown and the significant contribution he has made to the Company
over the last three years, and we warmly wish him every success in
his next challenge."
Enquiries:
Seeing Machines Limited www.seeingmachines.com / +61 2 6103
4700
Ken Kroeger, Managing Director Ken.Kroeger@seeingmachines.com
and CEO
Media inquiries: Adrian Dean Adrian.dean@seeingmachines.com
finnCap Ltd, Broker for Seeing Machines
Ed Frisby / Emily Watts, Corporate
Finance +44 20 7220 0500
Joanna Scott, Corporate Broking
Newgate, Investment Communications for Seeing Machines
Robyn McConnachie Mob: +44 7540 706 191
Robyn.mcconnachie@newgatecomms.com
Tel: +44 20 7653 9848 / Mob: +44 7469
Bob Huxford 154 806
bob.huxford@newgatecomms.com
Adam Lloyd Tel: +44 20 7653 9842 / Mob: +44 79676
609 084
Adam Lloyd@newgatecomms.com
About Seeing Machines
Seeing Machines, (AIM: SEE) is focused on operator monitoring
and intervention sensing technologies and services. With more than
15 years of experience, Seeing Machines uses advanced detection and
prevention safety assistance technologies to track eye and facial
movement in order to monitor fatigue, drowsiness and distraction
events, such as microsleeps, texting and cell phone use as they
occur, while providing for a real-time intervention strategy, which
improves operator, driver and environmental safety, preserves
assets, and reduces risk. 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, Mountain View,
California and Santiago, Chile. The Company counts Caterpillar, BHP
Billiton, Freeport, Electro Motive Diesel, Boeing, Takata, SEMCo
and Eye Tracking Inc among its customers or partners.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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