With Foresight Autonomous Holdings Ltd. (NASDAQ: FRSX) (TASE: FRSX) Technologies, Seeing is Believing

• QuadSight™ technology improves night vision
• Eyes-On™ technology provides unique stereo vision advanced driver assistance
• Eye-Net™ technology offers real-time pre-collision alerts to vehicles and pedestrians

Seeing is believing, it’s been said, but we know that our eyes can’t always be trusted. For centuries, we hypothesized a geocentric universe, for example, based on seeing the sun ‘rising’ in the east and ‘setting’ in the west. Now we know that it’s only the moon that goes around the Earth. In our planetary system, the sun takes center stage. In more earthly matters, the same is true; we see things that are not there and fail to notice things that are, which is a huge problem if you’re operating a vehicle. So, Foresight Autonomous Holdings Ltd. (NASDAQ: FRSX) (TASE: FRSX) is out to help drivers see straight. The innovative Israeli company has developed technology that ‘sees’ a wider spectrum of frequencies than the human eye. The improved vision can only lead to safer driving.

Driving at night can be a challenge. To see objects, our eyes must detect the light reflected from them. The absence of daylight at night means reduced vision, because the intensity of light has decreased. But this doesn’t stop mosquitoes from biting at night, for they can ‘see’ the infrared ‘light’ reflected from our bodies and find us in the dark. Mosquitoes can detect frequencies in the electromagnetic spectrum that the human eye cannot, frequencies that resemble ‘heat’ much more than they do ‘light’. Being able to detect the heat radiation emitted by warm-blooded animals enhances the mosquito’s night vision. Infrared vision technology, like that being developed by FRSX, does the same. It improves vision by expanding the spectral range of detected radiation.

FRSX’s QuadSight technology is automotive vision, perfected. It sets a new bar for autonomous vehicle vision by achieving near 100 percent obstacle detection with near zero false alerts. The QuadSight System provides accurate obstacle detection under all weather and lighting conditions and comprises two sets of stereoscopic infrared and visible-light cameras, above the windshield, in the pattern: Infrared-Visible Light-Visible Light-Infrared on the front of the vehicle. QuadSight will detect obstacles, regardless of shape, form or material. Its sensors fuse the visible light and infrared radiation into a seamless 24/7 vision, while advanced algorithms perform 3D image analysis for accurate depth and obstacle detection.

FRSX has also developed Eye-Net, accident prevention technology that provides real-time pre-collision alerts to vehicles and pedestrians. The proprietary system uses a smartphone app that links to cloud-based servers operating on existing cellular networks, eliminating the need for additional designated hardware. Eye-Net goes beyond FRSX’s basic detection technology. It adds a complementary layer of protection to advanced driver assistance systems and extends this protection to road users who are not in direct line of sight. On March 28, 2018, Foresight announced that it had completed a successful feasibility study of its Eye-Net accident prevention solution involving 120 users of Android and iOS cell phones located across Israel.

In early May 2018, FRSX announced that it had signed a merger agreement with Tamda Ltd. (TASE: TMDA) and its controlling shareholder, Ipax Issues Ltd. According to the agreement, Foresight will spin off its activities dedicated to the development of its Eye-Net accident prevention system into its wholly owned subsidiary, which will then merge with Tamda (http://ibn.fm/j4u4m).

FRSX also offers Eyes-On, a unique stereo vision Advanced Driver Assistance System (ADAS) that employs advanced algorithms for accurate depth analysis and obstacle detection. The Eyes-On system will detect all potential obstacles, including vehicles, cyclists, pedestrians, animals and inanimate objects, at a high degree of accuracy.

For more information, visit the company’s website at www.ForesightAuto.com

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