Ann: BrainChip announces collaboration with Safran, page-2

ASX PRESS RELEASE
BrainChip Holdings Ltd. and Safran collaborate on development of machine vision inspection system for harnesses production activities
Aliso Viejo, California - June 14, 2017 BrainChip Holdings Ltd. (ASX: BRN), a leading developer of software and hardware accelerated solutions for advanced artificial intelligence and machine learning applications and Safran Electrical & Power, a world leader in electrical systems for aircraft announced a collaboration on the development of a machine vision inspection system to help control pin insertion. The system will utilize BrainChip’s neural network technology coupled with augmented reality to provide real- time inspection for in-line electrical harnesses assembly.
“We are focused on three primary markets: gaming, civil surveillance and machine vision. The development of this visual inspection system with a world leader in electrical systems manufacturing, such as Safran Electrical & Power, validates our value in visual inspection,” commented Louis DiNardo, BrainChip president and CEO.
“BrainChip’s innovative technology is key to support our harnesses production activities. This powerful image processing technology enables to control where the wire is plugged, which will significantly improve quality. It serves our objective of developing digital manufacturing for the Factory of the Future”, added Sébastien Jaulerry, Safran Electrical & Power’s EWIS Eurasia Vice President.