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Distribution deal 'a win-win' says Seeing Machines' Paul Angelatos

Published: 13:41 21 Dec 2016 GMT

The eye tracking and facial recognition specialist Seeing Machines Ltd (LON:SEE) has signed a distribution agreement with international fleet services company MiX Telematics (JSE: MIX, NYSE: MIXT) to develop a fatigue and distraction monitor to be used in trucks and buses.

Seeing Machines chief operating officer Paul Angelatos tells Proactive: ''We are really excited about it - MiX are a very large company. They've got a massive installed base of their product around the world, often in markets that we haven't addressed so it's a huge opportunity for us''.

''It's also a good opportunity for them. We have a product that can complement what they already have and bring a solution to many of their existing customers, so really it's a win-win.''

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on 13/2/24