Foresight to Participate at TU-Automotive Detroit Exhibition
May 13 2019 - 2:00AM
Business Wire
Foresight Autonomous Holdings Ltd. (Nasdaq and TASE:FRSX), an
innovator in automotive vision systems, announced today that the
company will exhibit at TU-Automotive Detroit from June 5-6, 2019,
at booth number A35.
Foresight’s booth will feature the company’s QuadSight™
four-camera vision system, demonstrating the technology’s ability
to detect any obstacle in darkness, fog, rain, and blinding glare.
Featuring field-proven security technology developed over two
decades and using highly advanced image-processing algorithms,
QuadSight offers autonomous vehicles perception capabilities beyond
those of human eyes and reduces the likelihood of accidents and
injuries.
Foresight’s VP of Business Development, Mr. Doron Cohadier, will
be available for one-on-one meetings. To schedule a meeting, please
contact Miri Segal at msegal@ms-ir.com.
About TU-Automotive
DetroitTU-Automotive Detroit is the world's largest auto
tech conference & exhibition, shaping the future of connected
auto mobility. This year’s conference will bring more that 3,250
automotive professionals to explore the latest industry
developments. The exhibition attracts more than 200 companies,
including Ford, GM, NIO, Hyundai and more.
About ForesightForesight
Autonomous Holdings Ltd. (Nasdaq and TASE:FRSX), founded in 2015,
is a technology company engaged in the design, development and
commercialization of sensor systems for the automotive industry.
Through our wholly owned subsidiaries, Foresight Automotive Ltd.
and Eye-Net Mobile Ltd., we develop 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, and are targeting the
semi-autonomous and autonomous vehicle markets. The company
predicts that its systems will revolutionize automotive safety by
providing an automotive-grade, cost-effective platform and advanced
technology.
Forward-Looking
StatementsThis 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. For example, Foresight is using
forward-looking statements in this press release when it discusses
that QuadSight offers autonomous vehicles perception capabilities
beyond those of human eyes and reduces the likelihood of accidents
and injuries. 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 20, 2019, 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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Investor Relations:MS-IR LLCMiri
Segal-SchariaCEOmsegal@ms-ir.com917-607-8654
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