Foresight to Launch Its COVID-19 Symptom Detection Solution in Japan at SEECAT 2020 Exhibition
October 21 2020 - 7:45AM
Business Wire
The solution will be presented by a leading Japanese trading
house, which distributes various products to both governmental and
commercial channels
Foresight Autonomous Holdings Ltd. (NASDAQ and TASE: FRSX), an
innovator in automotive vision, will launch its COVID-19 symptom
detection mass screening solution at SEECAT 2020 exhibition,
October 21-23, 2020 in Tokyo, Japan. The solution will be presented
by a leading Japanese trading house focusing on communication and
security solutions, which has worked with various Israeli
technology companies for more than 25 years, providing solutions to
protect critical facilities such as borders, airports, and nuclear
reactors.
The Japanese trading house will present Foresight’s solution,
designed to rapidly and accurately detect some of the main symptoms
associated with the COVID-19 virus. The first generation of the
solution, comprised of a thermal and a visible-light camera,
detects elevated body temperature and signs of fatigue. A
successful presentation at the SEECAT 2020 exhibition may lead to
possible commercialization of Foresight’s solution in various
governmental premises and critical facilities.
“We are excited to exhibit, for the first time, the first
generation of our COVID-19 screening solution. The leading Japanese
trading house requested that we exhibit our screening solution at
SEECAT 2020 Japan, a technology exhibition targeting potential
clients from the public safety and defense sector, as well as those
representing key energy services and large commercial facilities.
As the COVID-19 pandemic crisis remains a matter of international
importance, it is of great concern to find a solution that will
help to detect early symptoms and allow the world to safely return
to events and services with large population flows,” said Haim
Siboni, CEO of Foresight.
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.
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.
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
presenting its COVID-19 symptom detection mass screening solution
at SEECAT 2020 and that a successful presentation at the SEECAT
2020 exhibition may lead to possible commercialization of the
solution. 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.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20201021005486/en/
Investor Relations Contact: Miri Segal-Scharia CEO MS-IR
LLC msegal@ms-ir.com 917-607-8654
Foresight Autonomous (NASDAQ:FRSX)
Historical Stock Chart
From Aug 2024 to Sep 2024
Foresight Autonomous (NASDAQ:FRSX)
Historical Stock Chart
From Sep 2023 to Sep 2024