NetworkNewsWire Announces Publication on Innovative Technology Advancements Paving the Way for Safety, Opportunities in Futur...
August 23 2018 - 8:30AM
via NetworkWire -- NetworkNewsWire ("NNW"), a multifaceted
financial news and publishing company, today announces the
publication of an editorial featuring Foresight Autonomous Holdings
(NASDAQ: FRSX) (TASE: FRSX), a client of NNW engaged in the design,
development and commercialization of stereo/quad-camera vision
systems and V2X cellular-based solutions for the automotive
industry.
To view the full publication, titled “Conversations Between Cars
and Their Environment Complement Sensor Systems for a Safer
Self-Driving Future,” visit: http://nnw.fm/yYZz0
|
Foresight
specializes in sensor and guidance systems for autonomous vehicles.
Its QuadSight system is a state-of-the-art multi-spectral vision
system that lets a vehicle detect obstacles in all weather and
lighting conditions. To complement these sensors, Foresight is also
developing Eye-Net.Deployed on smartphones and cloud-based servers,
Eye-Net makes use of existing networks to share information that
may prevent accidents. A device using Eye-Net keeps track of where
a vehicle is in the environment and transmits this information to
Eye-Net servers. These servers are also gathering details from
other devices in the vicinity. The servers then share the
information and details that have been gathered with the devices on
the system, even when the actual obstacles aren’t visible. If a
potential collision is detected, Eye-Net warns users with both
audio and visual signals, helping them to avoid an accident. |
About ForesightForesight Autonomous Holdings
Ltd. (NASDAQ and TASE: FRSX), founded in 2015, is a technology
company engaged in the design, development and commercialization of
stereo/quad-camera vision systems and V2X cellular-based solutions
for the automotive industry. Foresight’s vision systems are based
on 3D video analysis, advanced algorithms for image processing and
sensor fusion. The company, through its wholly owned subsidiary
Foresight Automotive Ltd., develops advanced systems for accident
prevention which are designed to provide real-time information
about the vehicle’s surroundings while in motion. The systems are
designed to improve driving safety by enabling highly accurate and
reliable threat detection while ensuring the lowest rates of false
alerts. The company’s systems are targeting the Advanced Driver
Assistance Systems (ADAS), semi-autonomous and autonomous vehicle
markets. The company estimates that its systems will revolutionize
automotive safety by providing an automotive-grade, cost-effective
platform and advanced technology. For more information, visit the
company’s website at www.ForesightAuto.com.
About NetworkNewsWireNetworkNewsWire (NNW) is a
financial news and content distribution company that provides (1)
access to a network of wire services via NetworkWire to reach
all target markets, industries and demographics in the most
effective manner possible, (2) article and editorial syndication to
5,000+ news outlets, (3) enhanced press release services to ensure
maximum impact, (4) social media distribution via the Investor
Brand Network (IBN) to nearly 2 million followers, (5) a full array
of corporate communications solutions, and (6) a total news
coverage solution with NNW Prime. As a multifaceted organization
with an extensive team of contributing journalists and writers, NNW
is uniquely positioned to best serve private and public companies
that desire to reach a wide audience of investors, consumers,
journalists and the general public. By cutting through the overload
of information in today’s market, NNW brings its clients
unparalleled visibility, recognition and brand awareness. NNW is
where news, content and information converge. For more information,
please visit https://www.NetworkNewsWire.com.
Please see full terms of use and disclaimers on the
NetworkNewsWire website applicable to all content provided by NNW,
wherever published or re-published: http://NNW.fm/Disclaimer.
Forward-Looking StatementsThis release contains
forward-looking statements within the meaning of Section 27A of the
Securities Act of 1933, as amended and Section 21E of the
Securities Exchange Act of 1934, as amended. All forward-looking
statements are inherently uncertain as they are based on current
expectations and assumptions concerning future events or future
performance of the company. Readers are cautioned not to place
undue reliance on these forward-looking statements, which are only
predictions and speak only as of the date hereof. In evaluating
such statements, prospective investors should review carefully
various risks and uncertainties identified in this release and
matters set in the company's SEC filings. These risks and
uncertainties could cause the company's actual results to differ
materially from those indicated in the forward-looking
statements.
Corporate Communications Contact:
NetworkNewsWire (NNW) New York, New York www.NetworkNewsWire.com
212.418.1217 Office Editor@NetworkNewsWire.com
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