Seeing Machines Ltd (AIM: SEE), a developer of non-contact head and eye tracking systems, announced that James Fulton Muir has stepped down as chairman and will continue to serve as a non-executive director. Non-executive director William Mobbs, has been elected as Muir’s successor with immediate effect.
Muir was an inaugural director of Seeing Machines, and was chairman at the time of the 2005 IPO, having been appointed to the post in 2003.
Mobbs was appointed as a non-executive director of seeing machines in 2006. He is the former managing director and a co-founder of ITL Ltd, an ASX listed medical devices company that he took from the R&D stage through to commercial success, an achievement of particular relevance to Seeing Machines especially given the company’s announcement at the end of October 2009 of the launch of the TrueField Analyzer (TFA), a device for ophthalmic vision testing initially focused on the glaucoma market.
The TFA is available initially on limited release in the US. Following initial sales and independent clinical trials the company intends to pursue licensing the device to a medical devices Original Equipment Manufacturer.
Other products of the group include the driver attention and fatigue monitoring system Driver State Sensor (DSS) and the faceLAB eye tracking product for research applications.