Wednesday, December 19, 2018

MissionIRNewsBreaks – Foresight Autonomous Holdings Ltd. (NASDAQ: FRSX) (TASE: FRSX) to Demonstrate QuadSight’s Obstacle Detection Capabilities at CES 2019


Automotive technology innovator Foresight Autonomous Holdings (NASDAQ: FRSX) (TASE: FRSX) announced today that it, as a CES 2019 Innovation Awards Honoree in the Vehicle Intelligence and Self-Driving Technology category, will showcase a live demonstration of its QuadSight vision system for semi-autonomous and autonomous vehicles. Foresight will broadcast during the evening hours in Israel and demonstrate, in real time, QuadSight’s capabilities to detect any obstacle in darkness, fog, rain, and blinding glare. The demonstration will be shown in booth #2206 at CES 2019, which will be held at the Westgate Las Vegas from January 8–11, 2019. “In 2018, QuadSight’s remarkable vision capabilities were embraced by both automotive manufacturers and industry observers, as Foresight recorded multiple sales of its QuadSight prototype and received a number of innovation awards,” Foresight CEO Haim Siboni stated in the news release. “CES 2019 will offer an opportunity to demonstrate our ability to provide superior obstacle detection in all weather and lighting conditions.”

To view the full press release, visit http://ibn.fm/my65o

About Foresight Autonomous Holdings Ltd.

Foresight Autonomous Holdings Ltd., 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 predicts 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 MissionIRNewsBreaks

MissionIRNewsBreaks provide a rapid summary of corporate news that catch the attention of MissionIR. MissionIRNewsBreaks are created by our Team of professional journalists that keep a constant eye on the markets, these posts are designed to inform you on the latest happenings of our clients and other publicly traded companies on our radar. From earnings, acquisitions and agreements to conference attendance and clinical study results, our news breaks keep you up-to-date with the day’s top movers. MissionIR is primarily focused on strategic communications. We have executed countless communications programs to address the needs of companies ranging from start-ups to established industry leaders, gaining valuable experience and the expertise necessary to determine the most effective strategy for any given situation.

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