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CORRECTION: Smart Eye Announces New Driver Monitoring System Design Win with Premium European Car Manufacturer

Wednesday, 23 November 2022 11:15 AM

Smart Eye

GÖTEBORG, SE / ACCESSWIRE / November 23, 2022 / Smart Eye (STO:SEYE) (OTC PINK:SMTEF) (FRA:SE9) The correction refers to a mistake related to the estimated value over the product lifecycle from possible additional design wins with the car manufacturers on existing platforms.

The correct estimated value over the product lifecycle from possible additional design wins with the car manufacturers on existing platforms is SEK 4,455 million.

For more information:

Martin Krantz, CEO Smart Eye AB
Phone: +46 70-329 26 98
Email: [email protected]

Gabi Zijderveld, CMO Smart Eye AB
Email: [email protected]

About Smart Eye

Smart Eye is the global leader in Human Insight AI, technology that understands, supports, and predicts human behavior in complex environments. We are bridging the gap between humans and machines for a safe and sustainable future. Our multimodal software and hardware solutions provide unprecedented human insight in automotive and behavioral research-supported also by Affectiva and iMotions, companies we acquired in 2021.

In automotive, we are leading the way towards safer and human-centric mobility through Driver Monitoring Systems and Interior Sensing solutions. Our technology is embedded in next-generation vehicles and available as a standalone aftermarket solution for existing vehicles, fleet, and small-volume OEMs.

Our industry-leading eye tracking systems and iMotions biosensor software enable advanced research and training in academic and commercial sectors. Affectiva's Emotion AI provides the world's largest brands and market researchers with a deeper understanding of how consumers engage with their content, products, and services.

Smart Eye was founded in 1999 and is headquartered in Sweden with offices in the US, UK, Germany, Denmark, Egypt, Singapore, China and Japan. A publicly traded company since 2016, our customers include NASA, Nissan, Boeing, Honeywell, Volvo, GM, BMW, Geely, Harvard University, over 1,300 research organizations around the world, 70% of the world's largest advertisers and 28% of the Fortune Global 500 companies.

Visit www.smarteye.ai for more information.

Visit our investor web for more financial information: https://smarteye.se/investors/

Smart Eye is listed on Nasdaq First North Growth Market. Erik Penser is Certified Adviser.

This information is information that Smart Eye is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact persons set out above, at 2022-11-23 17:00 CET.

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Correction: Smart Eye Announces New Driver Monitoring System Design Win with Premium European Car Manufacturer

SOURCE: Smart Eye

Topic:
Regulatory
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