JERUSALEM, May 15, 2017 /PRNewswire/ -- Mobileye N.V. (NYSE:
MBLY), the global leader in Advanced Driver Assistance Systems and
autonomous driving technologies, today announced that it intends to
release its financial results for the first quarter ended
March 31, 2017 on Thursday, June 1, 2017 at approximately
7:00 a.m. ET.
Mobileye will not hold an earnings call nor provide forward
guidance due to the pending acquisition of Mobileye by Intel.
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.
Forward-Looking Statements
This press release
contains certain forward-looking statements. Words such as
"believes," "intends," "expects," "projects," "anticipates," and
"future" or similar expressions are intended to identify
forward-looking statements. These statements are only
predictions based on the Company's current expectations and
projections about future events. You should not place undue
reliance on these statements. Many factors may cause the
Company's actual results to differ materially from any
forward-looking statement, including the risk factors and other
matters set forth in the Company's filings with the U.S. Securities
and Exchange Commission, including its Annual Report on Form 20-F
for the year ended December 31,
2016. The Company undertakes no obligation to update or
revise any forward-looking statement, whether as a result of new
information, future events or otherwise, except as may be required
by law.
Company Contact
Dan
Galves
CCO / SVP
Dan.galves@mobileye.com
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SOURCE Mobileye N.V.