Foresight’s QuadSight® Vision System Goes Live at CES 2020
December 20 2019 - 8:00AM
Business Wire
Foresight will also broadcast live from its
demo center in Israel
Foresight Autonomous Holdings Ltd. (NASDAQ and TASE: FRSX), an
innovator in automotive vision, will present its award-winning
QuadSight vision system’s capabilities live from the show floor for
the first time at CES 2020. In addition, a live broadcast from the
Company’s demo center in Israel will demonstrate the system’s
ability to detect any obstacle in complete darkness, fog, rain, and
blinding glare. Both demonstrations will be shown in booth #1307 at
CES 2020, January 7–10 at the Westgate Las Vegas.
Designed for autonomous and semi-autonomous vehicles, the
four-camera vision system achieves superior detection performance
by using two pairs of infrared and visible-light stereoscopic
cameras to generate high-density 3D mapping. Visitors to the booth
will be able to appreciate Foresight’s latest technological
developments, perfecting the QuadSight system’s obstacle detection
capabilities on any road and in any weather or lighting
conditions.
“In 2019, Foresight recorded significant strategic developments,
as more vehicle manufacturers and Tier One automotive suppliers
purchased QuadSight prototype systems in order to evaluate the
Company’s core technology with their specific needs and enable
vehicle autonomy,” said Haim Siboni, CEO of Foresight. “CES 2020
will give us an opportunity to showcase our unique technological
advancements, demonstrating how QuadSight became the technology of
choice for autonomous vision.”
The QuadSight vision system demonstration, enabling a real-time
driver’s perspective, will be broadcast live several times per day.
Interested parties are encouraged to contact Foresight to schedule
a demo.
For more information about Foresight and its wholly owned
subsidiary, Foresight Automotive, please visit
www.foresightauto.com, follow @ForesightAuto on Twitter, or join
Foresight Automotive on LinkedIn, the contents of which are not
incorporated into this press release.
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 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.
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. For example, Foresight is using
forward-looking statements in this press release when it discusses
that its systems will revolutionize automotive safety by providing
an automotive-grade, cost-effective platform and advanced
technology. 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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version on businesswire.com: https://www.businesswire.com/news/home/20191220005289/en/
Investor Relations Contact: Miri Segal-Scharia CEO MS-IR
LLC msegal@ms-ir.com 917-607-8654
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