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Smart Eye Announces Magnus Brunzell as New VP of Automotive Fleet and Aftermarket Business Unit

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Smart Eye has appointed Magnus Brunzell as the new VP of Applied AI Systems to enhance its automotive fleet and aftermarket operations. Brunzell brings over 25 years of automotive experience and will oversee the development of Driver Monitoring Systems (DMS), which integrate proprietary hardware and software. This strategic move targets the growing demand for safety solutions in various vehicle types, including trucks and buses. The DMS is constructed to meet Euro NCAP and GSR compliance, aiming at a significant market opportunity.

Positive
  • Appointment of Magnus Brunzell as VP, indicating strategic leadership.
  • Focus on expanding Driver Monitoring Systems to a growing market.
  • DMS designed to meet Euro NCAP and GSR compliance, enhancing marketability.
  • Brunzell's extensive experience in the automotive sector adds value.
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GÖTEBORG, SWEDEN / ACCESSWIRE / April 13, 2022 / Smart Eye (STO:SEYE) (OTC PINK:SMTEF) (FRA:SE9)

Smart Eye, the pioneer of Human Insight AI, scales its automotive Fleet and Aftermarket business with new appointment.

Smart Eye, the pioneer of Human Insight AI and global leader in AI-based Driver Monitoring and Interior Sensing, today announced the appointment of Magnus Brunzell as VP of Applied AI Systems. Brunzell will lead this business unit, responsible for the development and delivery of Smart Eye's end-to-end Driver Monitoring Systems for fleet and aftermarket. By combining the company's purpose-built proprietary hardware with its proven Driver Monitoring System (DMS) software, Smart Eye offers a plug-and-play product built on over 20 years of automotive experience, which Brunzell will help to scale globally.

Driver Monitoring Systems have become an increasingly important safety feature - not just in newer passenger cars, but also for trucks, buses and the millions of cars already on the road. As a result, the demand for complete, out-of-the-box and easy to install Driver Monitoring Systems, including both hardware and software, has grown steadily over the last few years. To target this new and rapidly growing market, Smart Eye started Applied AI Systems in 2019, with the purpose of delivering a high-performing and cost-effective safety solution for fleet and aftermarket that is Euro NCAP and GSR compliant.

Prior to being appointed its new VP, Brunzell has been deeply involved in the business unit as Director of Business Development, and has played an important role in developing Smart Eye's first DMS product for fleet and aftermarket customers. Today, the business unit consists of developers and a team tasked with sales, marketing and partnership management. The majority of the team is based at Smart Eye's headquarters in Gothenburg, Sweden.

"Magnus has been part of the core team starting up this new business unit and bringing its first product to market," said Martin Krantz, CEO and founder of Smart Eye. "The automotive fleet and aftermarket are significant growth markets for Smart Eye. This product is also intended for low volume truck and bus OEMs who can benefit from an out of the box solution. As proven by customer demand, our industry-leading technology addresses a void in this space. I have confidence in Magnus to take lead of Applied AI Systems as we start delivering this groundbreaking new DMS to fleet and aftermarket customers."

"I'm very excited to step into this new role," said Magnus Brunzell, newly-appointed VP of Applied AI Systems. "Over the past few years, I have seen how our hard work has resulted in an incredible Driver Monitoring System that is sure to take the automotive industry by storm. I'm beyond proud of what we have accomplished so far, and I look forward to seeing how our technology will make roads safer around the world and ultimately save lives."

Brunzell has more than 25 years of experience in the automotive industry and has held a variety of technical, operations and business roles at companies including Alps Electric, Delphi Automotive Systems and Mecel. Brunzell has a Master's degree in Electrical Engineering from Chalmers University of Technology in Gothenburg, Sweden.

To find out more about Smart Eye's Driver Monitoring System for fleet and aftermarket, listen to the new episode of the Human-Centric AI Podcast with Magnus Brunzell here.

Contact:

Gabi Zijderveld
CMO
Smart Eye AB
Email: gabi.zijderveld@smarteye.ai

Hailey Melamut
Senior PR Director
Walker Sands
Email: hailey.melamut@walkersands.com

About Smart Eye

Smart Eye is the global leader in Human Insight AI, technology that understands, supports and predicts human behavior in complex environments. Bridging the gap between humans and machines for a safe and sustainable future. 

Today, our technology is embedded in next-generation vehicles, leading the way towards human-centric mobility through Driver Monitoring Systems and Interior Sensing solutions. Our Research Instruments offer unparalleled insights into Automotive, Aviation & Aerospace, Assistive Technology, Media & Marketing, Psychology and many more fields. Our subsidiary Affectiva is pioneering Emotion AI, connecting machine logic with human empathy to gain a deeper understanding of how consumers engage with their content, products and services, in automotive, media & entertainment, market research and beyond. Our subsidiary iMotions provides the world's leading biosensor software platform, that synchronizes data streams in real time from multiple sensors.

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: http://www.corp.smarteye.se/en/

Smart Eye is listed on Nasdaq First North Growth Market. Erik Penser is Certified Adviser and can be reached at +46-8-463 8000 or certifiedadviser@penser.se.

Image Attachments

Magnus Brunzell, Smart Eye's newly appointed VP of Applied AI Systems, and Martin Krantz, Founder and CEO of Smart Eye.

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Smart Eye Announces Magnus Brunzell as new VP of Automotive Fleet and Aftermarket Business Unit

SOURCE: Smart Eye



View source version on accesswire.com:
https://www.accesswire.com/697296/Smart-Eye-Announces-Magnus-Brunzell-as-New-VP-of-Automotive-Fleet-and-Aftermarket-Business-Unit

FAQ

Who is the new VP of Applied AI Systems at Smart Eye?

Magnus Brunzell has been appointed as the new VP of Applied AI Systems.

What is the focus of the new business unit at Smart Eye?

The new business unit focuses on developing Driver Monitoring Systems for automotive fleet and aftermarket.

How does Smart Eye's Driver Monitoring System comply with regulations?

The Driver Monitoring System is designed to meet Euro NCAP and GSR compliance.

What experience does Magnus Brunzell bring to Smart Eye?

Magnus Brunzell has over 25 years of experience in the automotive industry.

What market demand is Smart Eye aiming to fulfill with its new appointment?

Smart Eye aims to meet the growing demand for safety solutions in the automotive fleet and aftermarket sectors.

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