NEW YORK, Feb. 17, 2017 /PRNewswire/ -- Mobileye
(NYSE: MBLY), the global leader in Advanced Driver Assistance
Systems and autonomous driving technologies, announced today the
completed installation of collision avoidance technology across
4,500 for-hire vehicles in New York
City.
Together with Atlas Financial Holdings, Inc. (NASDAQ: AFH)
a leader in passenger transportation insurance, Mobileye has
equipped thousands of New York
City-based rideshare vehicles, such as those available
through popular apps including Uber and Lyft, with advanced
collision avoidance systems that focus on accident prevention.
Beginning this month, 4,500 for-hire vehicles in New York City will feature Mobileye's
cutting-edge technologies enabled by a high resolution vision
sensor that analyzes potential dangerous scenarios in real time,
alerting drivers to impending collisions and giving them enough
time to react.
"As the popularity of ridesharing continues to grow in cities
across the country, it is imperative that these vehicles take
advantage of new technologies designed to enhance the safety of
drivers and passengers," commented Moran
David, Director of Business Development at Mobileye.
"Mobileye's system will provide vehicle owners and drivers peace of
mind knowing that the most advanced technologies are in place to
provide an extra layer of safety and protection to drivers and
their passengers. We look forward to working closely with our
partners to prevent collisions across the city, while improving the
driving behavior of operators."
The Mobileye system integrates Pointer Telocation, a leading
developer and operator of Fleet and Mobile Resource Management
solutions, allowing vehicle and fleet owners the opportunity to
review the driving behaviors of its operators.
The introduction of Mobileye technology across for-hire vehicles
in New York City follows a series
of recent accomplishments for Mobileye's Aftermarket Division that
have included a partnership with the U.S. Department of
Transportation as well as dozens of pioneering pilot programs in
cities across the country. Through Mobileye's partnership with the
USDOT as part of the Smart City Challenge, a competition to award
one U.S. city with $40 million in
grants to support advanced transportation projects, Mobileye was
chosen to outfit the winning city's public bus systems with its
Shield+ technology, a vision sensor system engineered specifically
for pedestrian collision avoidance in public transit systems.
About Mobileye N.V.
Mobileye N.V. is the global leader in the development of
computer vision and machine learning, data analysis, localization
and mapping for Advanced Driver Assistance Systems and autonomous
driving. The Company's technology keeps passengers safer on the
roads, reduces the risks of traffic accidents, saves lives and has
the potential to revolutionize the driving experience by enabling
autonomous driving. The Company's proprietary software algorithms
and EyeQ® chips perform detailed interpretations of the visual
field in order to anticipate possible collisions with other
vehicles, pedestrians, cyclists, animals, debris and other
obstacles. The Company's products are also able to detect roadway
markings such as lanes, road boundaries, barriers and similar
items; identify and read traffic signs, directional signs and
traffic lights; create a Roadbook™ of localized drivable paths and
visual landmarks using REM™; and provide mapping for autonomous
driving. The Company's products are or will be integrated into car
models from more than 25 global automakers. The Company's products
are also available in the aftermarket.
Mobileye media contacts
Alexis
Blais, MobileyePR@icrinc.com
Dan Galves, dan.galves@mobileye.com
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SOURCE Mobileye N.V.