Friday, December 20, 2019

QualityStocksNewsBreaks – Foresight Autonomous Holdings Ltd. (NASDAQ: FRSX) (TASE: FRSX) to Present Award-Winning QuadSight(R) Capabilities Live at CES 2020


Foresight Autonomous Holdings (NASDAQ: FRSX) (TASE: FRSX), an innovator in automotive vision, today announced that it 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 Foresight’s demo center in Israel will review the system’s ability to detect any obstacle in complete darkness, fog, rain, and blinding glare. The company will conduct both demonstrations from booth #1307 at CES 2020, January 7–10 at the Westgate Las Vegas. “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,” Foresight CEO Haim Siboni said in the news release. “CES 2020 will give us an opportunity to showcase our unique technological advancements, demonstrating how QuadSight became the technology of choice for autonomous vision.”

To view the full press release, visit http://ibn.fm/0HoOg

About Foresight Autonomous Holdings Ltd.

Foresight Autonomous Holdings Ltd., 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, visit the company’s website at www.ForesightAuto.com.

NOTE TO INVESTORS: The latest news and updates relating to FRSX are available in the company’s newsroom at http://ibn.fm/FRSX

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