PR87545

CANBERRA, Australia, Jan. 11, 2021 /PRNewswire=KYODO JBN/ --

Seeing Machines, the advanced computer vision technology company that designs

AI-powered operator monitoring systems to improve transport safety, has

advanced its previously announced Memorandum of Understanding to an executed

License Agreement to license the Company's Occula(R)Neural Processing Unit

("Occula(R)") to OmniVision Technologies, Inc. ("OmniVision"), a leading

developer of advanced digital imaging solutions.

This collaboration represents the first execution of a silicon license for

Seeing Machines' Occula(R), which offers a unique NPU design that enables the

development of low-cost, high-performance edge-AI semiconductors to power

future human-machine interfaces.

In line with its recently announced 'three pillar embedded product strategy',

where Seeing Machines laid out its strategic approach to meet the broad and

growing technology needs of the global automotive interior monitoring market

for Automotive, this collaboration brings the third pillar to life as the

partners are working together to combine the Occula(R) Silicon IP with

OmniVision's innovative machine vision silicon technology.

OmniVision is a global technology leader in advanced digital imaging solutions,

serving every imaging market segment, including automotive. For over 15 years,

it has been delivering automotive imaging solutions, with proven success on the

road for every type of interior and exterior vehicle camera, enabling its

automotive customers to provide a safer and smarter driving experience.

OmniVision has a full portfolio of image sensors for the interior monitoring

market and is presently the leading supplier of image sensors into the interior

monitoring market segment.

Seeing Machines continues to grow as an automotive leader in DMS technology,

having won contracts with a total five automotive Tier 1 customers for a

steadily growing number of programs across six global car OEMs. The Company is

now expanding its embedded product offerings, and extending its low-cost high

performance embedded DMS know-how into the automotive Occupant Monitoring

System (OMS) market.

Seeing Machines and OmniVision are working together to deliver optimised,

highly integrated solutions to the global DMS and OMS markets, leveraging

existing and new customers globally.

Paul McGlone, CEO commented: "Seeing Machines has had a wonderful working

relationship with OmniVision for over 5 years now, having successfully worked

together on multiple automotive programs with a number of Tier 1 customers.

This agreement represents a natural next step for our two companies, to work

strategically together to achieve the highest possible coupling between the

imaging and processing domains.

"We are thrilled to continue working with OmniVision as both companies combine

to continue to deliver excellent price versus performance Driver and Occupant

Monitoring solutions to the market."

Andy Hanvey, Director of Automotive Marketing at OmniVision commented: "We have

been collaborating with Seeing Machines for over half a decade, because of

their leading algorithm performance and leading position in the DMS market.

This agreement enables us to better leverage Seeing Machines' Occula(R) NPU, in

combination with OmniVision's extensive imaging technologies—including global

shutters, Nyxel(R) near-infrared technology and CameraCubeChip wafer-level

camera modules—to provide optimal performance for driver and occupant monitoring."

About Seeing Machines

Seeing Machines (LSE: SEE), a global company founded in 2000 and headquartered

in Australia, is an industry leader in vision-based monitoring technology that

enable machines to see, understand and assist people. Seeing Machines'

technology portfolio of AI algorithms, embedded processing and optics, power

products that need to deliver reliable real-time understanding of vehicle

operators. The technology spans the critical measurement of where a driver is

looking, through to classification of their cognitive state as it applies to

accident risk. Reliable "driver state" measurement is the end-goal of Driver

Monitoring Systems (DMS) technology. Seeing Machines develops DMS technology to

drive safety for Automotive, Commercial Fleet, Off-road and Aviation. The

company has offices in Australia, USA, Europe and Asia, and supplies technology

solutions and services to industry leaders in each market vertical.seeingmachines.com

About OmniVision

OmniVision Technologies, Inc. is a leading developer of advanced digital

imaging solutions. Its award-winning CMOS imaging technology enables superior

image quality in many of today's consumer and commercial applications,

including mobile phones; security and surveillance; automotive; tablets,

notebooks, webcams and entertainment devices; medical; and AR, VR, drones and

robotics imaging systems. Find out more at www.ovt.com.

OmniVision(R), CameraCubeChip(TM), Nyxel(R), and the OmniVision logo are

trademarks or registered trademarks of OmniVision Technologies, Inc.

Media enquiries:

Seeing Machines – sophie.nicoll@SeeingMachines.com

OmniVision Technologies – mengxi.liu@ovt.com

SOURCE  Seeing Machines Limited