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 Detroit
TU-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 Foresight
Foresight
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 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
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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