Seeing Machines Limited (LON:SEE) has appointed Stifel Nicolaus Europe Limited as its joint broker with immediate effect to assist in broadening the group’s investor base across North America.
The advanced computer vision technology company, which designs AI-powered operator monitoring systems to improve transport safety, said Stifel’s appointment follows a successful introduction to US-based investors in New York in January.
It pointed out that the appointment will complement the UK-based efforts of the company's nominated adviser and broker, Cenkos Securities.
Paul McGlone, the firm’s CEO commented: "We believe that US-based investors will be attracted by the increasing relevance and take up rate of Seeing Machines' underlying Driver Monitoring System technology and the considerable competitive advantage in each of our three transport focus areas, Automotive, Fleet and Aviation.
“I look forward to working with Cenkos and Stifel to grow interest in the company around the world."