Foresight to Showcase Its Mass Screening COVID-19 Symptom Detection Solution in the United Arab Emirates
December 03 2020 - 8:30AM
Business Wire
The solution will be presented at the GITEX
Future Stars 2020 conference in Dubai
Foresight Autonomous Holdings Ltd. (NASDAQ and TASE: FRSX), an
innovator in automotive vision, will exhibit its mass screening
COVID-19 symptom detection solution at the GITEX Future Stars 2020
conference and exhibition, December 6–9, 2020, in booth number
SR-73 at the Dubai World Trade Centre in the United Arab
Emirates.
GITEX Future Stars is the largest startup expo in the whole of
the Middle East, Africa and South Asia. Celebrating its 40th
anniversary, GITEX will showcase the transformational ideas that
will shape the future of government and business in the next
decade. GITEX plays host to more than 1,200 innovative tech
enterprises, startups and government entities from more than 60
countries and brings together the most active investors and VCs
from 30 countries.
Foresight leveraged its extensive knowledge and intellectual
property using both thermal and visible-light cameras, artificial
intelligence, and advanced algorithms to develop a unique outdoor
and indoor mass screening solution designed to rapidly and
accurately detect some of the main symptoms associated with the
COVID-19 virus. The system detects several symptoms, including
cough and signs of fatigue (red eyes) in addition to high body
temperature, thus increasing the likelihood of accurate detection
and potentially eliminating false positive results. The solution is
designed for mass screening of large groups of people in high
traffic areas such as airports, hospitals, universities, shopping
malls and residential complexes.
About Foresight
Foresight Autonomous Holdings Ltd. (Nasdaq and TASE: FRSX),
founded in 2015, is a technology company engaged in the design,
development and commercialization of sensors systems for the
automotive industry. Through the company’s wholly owned
subsidiaries, Foresight Automotive Ltd. and Eye-Net Mobile Ltd.,
Foresight develops both “in-line-of-sight” vision systems and
“beyond-line-of-sight” cellular-based applications. Foresight’s
vision sensor is a four-camera system based on 3D video analysis,
advanced algorithms for image processing, and sensor fusion.
Eye-Net Mobile’s cellular-based application is a V2X
(vehicle-to-everything) accident prevention solution based on
real-time spatial analysis of clients’ movement.
The company’s systems are designed to improve driving safety by
enabling highly accurate and reliable threat detection while
ensuring the lowest rates of false alerts. Foresight is targeting
the Advanced Driver Assistance Systems (ADAS), the semi-autonomous
and autonomous vehicle markets and predicts that its systems will
revolutionize automotive safety by providing an automotive-grade,
cost-effective platform and advanced technology.
For more information about Foresight and its wholly owned
subsidiary, Foresight Automotive, visit www.foresightauto.com,
follow @ForesightAuto1 on Twitter, or join Foresight Automotive on
LinkedIn.
Forward-Looking
Statements
This press release contains forward-looking statements within
the meaning of the "safe harbor" provisions of the Private
Securities Litigation Reform Act of 1995 and other Federal
securities laws. Words such as "expects," "anticipates," "intends,"
"plans," "believes," "seeks," "estimates" and similar expressions
or variations of such words are intended to identify
forward-looking statements. Because such statements deal with
future events and are based on Foresight’s current expectations,
they are subject to various risks and uncertainties, and actual
results, performance or achievements of Foresight could differ
materially from those described in or implied by the statements in
this press release.
The forward-looking statements contained or implied in this
press release are subject to other risks and uncertainties,
including those discussed under the heading "Risk Factors" in
Foresight's annual report on Form 20-F filed with the Securities
and Exchange Commission ("SEC") on March 31, 2020, and in any
subsequent filings with the SEC. Except as otherwise required by
law, Foresight undertakes no obligation to publicly release any
revisions to these forward-looking statements to reflect events or
circumstances after the date hereof or to reflect the occurrence of
unanticipated events. References and links to websites have been
provided as a convenience, and the information contained on such
websites is not incorporated by reference into this press release.
Foresight is not responsible for the contents of third-party
websites.
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version on businesswire.com: https://www.businesswire.com/news/home/20201203005563/en/
Investor Relations Contact: Miri Segal-Scharia CEO MS-IR
LLC msegal@ms-ir.com 917-607-8654
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