Stock Market News
Seeing Machines extends Guardian agreement with Australian firm
AIM-quoted computer vision technologies firm Seeing Machines has significantly extended an agreement with Western Australia based distributor Connect Source to deliver a further 2,500 units of the company's fleet product, Guardian.
The Guardian units, expected to be sold and installed into the distributor's customers over the coming 18 months, will include ongoing monitoring as part of the agreement, with an agreed timeframe for all installations to be complete by December 2019.
Connect Source, which has been an Australian wide distributor for Seeing Machines' Guardian for just over twelve months, will receive Seeing Machine's second-generation fleet product Guardian Gen 2.
Michael Wishart, managing director at Connect Source, said, "It is a privilege to be a part of this journey with Seeing Machines, Guardian is a trusted market leading product which is truly changing the way our business engages with its customers."
Paul Angelatos, general manager of fleet, rail and off-road over at Seeing Machines, added, "We have made a conscious decision to work more closely with channel partners who are able to leverage the knowledge and relationships with their customers to accelerate sales of Guardian as a safety solution for commercial fleets and transport companies."
As of 0955 BST, Seeing Machines shares had dipped 0.15% to 6.54p.
The Guardian units, expected to be sold and installed into the distributor's customers over the coming 18 months, will include ongoing monitoring as part of the agreement, with an agreed timeframe for all installations to be complete by December 2019.
Connect Source, which has been an Australian wide distributor for Seeing Machines' Guardian for just over twelve months, will receive Seeing Machine's second-generation fleet product Guardian Gen 2.
Michael Wishart, managing director at Connect Source, said, "It is a privilege to be a part of this journey with Seeing Machines, Guardian is a trusted market leading product which is truly changing the way our business engages with its customers."
Paul Angelatos, general manager of fleet, rail and off-road over at Seeing Machines, added, "We have made a conscious decision to work more closely with channel partners who are able to leverage the knowledge and relationships with their customers to accelerate sales of Guardian as a safety solution for commercial fleets and transport companies."
As of 0955 BST, Seeing Machines shares had dipped 0.15% to 6.54p.
Related share prices |
---|
Seeing Machines Ltd. (SEE) share price |
Stock News headlines are gathered from financial news sources around the web. Views and opinions on each item are from their respective authors and website. They are not opinions of LiveCharts.co.uk
Get a free widget for your website with our latest headlines.
You can now add our live prices and new headlines to your website.The news widget features quotes for Oil prices, spot Gold price and Indices plus a choice of news channel for healines.
Top Shares pages
- Share price quotes
- Share charts
- Share watch list
- Company Results Calendar
- Top Large UK Shares
- UK Market Sectors
- Stock market news
- Company news
- Share tips
- A-Z company search
More share features
POPULAR Share Prices
- Royal Mail share price
- Lloyds share price
- HSBC share price
- Barclays share price
- Prudential share price
- Santander share price
- NEXT share price
- Diageo share price
- BP share price
- Vodafone share price
- British Airways
- Centrica share price
- Tesco share price
- Taylor Wimpey Share Price
- National Grid
- GKP Share Price
- Marks and Spencer
- Rolls Royce
- Rio Tinto
- THG Share Price
- Aviva Share Price
- Boil Share price
- Easyjet Share Price
- Genedrive Share Price
- SSE Share Price
- IAG Share Price
- Boohoo share price
- HE1 share price
- AVCT share price
- BOOM share price