Sunday, April 21, 2019

Foresight Wins Gold at 2019 Edison Awards

BWW News Desk
April 08, 2019

Foresight Autonomous Holdings Ltd NASDAQ and TASE FRSX an innovator in automotive vision systemsb btoday announced that its QuadSight vision system was named the Gold Winner in the Transportation amp Logistics Autonomous Vehicles category in the prestigious 2019 Edison Awards The Edison Awards named after Thomas Alva Edison recognize and honor the worlds best in innovators and innovations Being honored with an Edison Award is one of the highest accolades a company can receive in recognition of innovation and business success p p Foresights quadcamera vision system was selected by a judging panel comprised of more than 3000 professionals from the fields of product development design engineering science marketing and education including professional organizations representing a wide variety of industries and disciplines p p The QuadSight quadcamera stereoscopic vision system offers unparalleled obstacle detection capabilities for autonomous vehicles By adapting fieldproven security technology that has been deployed for almost two decades QuadSight offers autonomous vehicles advanced perception capabilities beyond those of human eyes and reduces the likelihood of accidents and injuries in all weather or lighting conditions p p Since 1987 the Edison Awards have recognized and honored some of the worlds most innovative new products services and business The Edison Awards symbolize the persistence and excellence personified by Thomas Edison while also strengthening the human drive for innovation creativity and ingenuity The Edison Awards is a program conducted by Edison Universe For more information about the Edison Awards please visit a referrerpolicyunsafeurl targetblank hrefhttpsctsbusinesswirecomctCTidsmartlinkampurlhttp3A2F2Fwwwedisonawardscomampesheet51965816ampnewsitemid20190407005034amplanenUSampanchorwwwedisonawardscomampindex1ampmd586595d50b0947f980bc6e83bd6bd699e relnofollowwwwedisonawardscoma p p For more information about Foresight and its wholly owned subsidiary Foresight Automotive please visita referrerpolicyunsafeurl targetblank hrefhttpsctsbusinesswirecomctCTidsmartlinkampurlhttp3A2F2Fwwwforesightautocomampesheet51965816ampnewsitemid20190407005034amplanenUSampanchorwwwforesightautocomampindex2ampmd5b98805d6864b853cee2a9a307ee95e68 relnofollowwwwforesightautocomafollowa referrerpolicyunsafeurl targetblank hrefhttpsctsbusinesswirecomctCTidsmartlinkampurlhttps3A2F2Ftwittercom2FForesightAutoampesheet51965816ampnewsitemid20190407005034amplanenUSampanchor40ForesightAutoampindex3ampmd5ee9d99441111d05ccdcf9e177f0fd62e relnofollowForesightAutoa on Twitter or join a referrerpolicyunsafeurl targetblank hrefhttpsctsbusinesswirecomctCTidsmartlinkampurlhttps3A2F2Fwwwlinkedincom2Fcompany2F104694582Fampesheet51965816ampnewsitemid20190407005034amplanenUSampanchorForesightAutomotiveampindex4ampmd5ac67e46494d3b7c71fdb18f817b736aa relnofollowForesight Automotivea ona referrerpolicyunsafeurl targetblank hrefhttpsctsbusinesswirecomctCTidsmartlinkampurlhttp3A2F2Fwwwlinkedincom2Fcompany2F370788ampesheet51965816ampnewsitemid20190407005034amplanenUSampanchorLinkedInampindex5ampmd5e7791c61e424e77c6b844e3d58a4f0fa relnofollowLinkedIna p p bAbout Foresightb p p Foresight Autonomous Holdings Ltd NASDAQ and TASE FRSX founded in 2015 is a technology company engaged in the design development and commercialization of stereoquadcamera vision systems for the automotive industry 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 realtime information about the vehicles 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 companys systems are targeting the semiautonomous and autonomous vehicle markets The company estimates that its systems will revolutionize automotive safety by providing an automotive grade costeffective platform and advanced technology p p bForwardLooking Statementsb p p This press release contains forwardlooking 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 forwardlooking statements For example Foresight is using forwardlooking statements in this press release when it discusses the benefits of the QuadSight vision system Because such statements deal with future events and are based on Foresights 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 p p The forwardlooking statements contained or implied in this press release are subject to other risks and uncertainties including those discussed under the heading Risk Factors in Foresights registration statement on Form 20F 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 forwardlooking 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 thirdparty websites p p p pimg referrerpolicyunsafeurl alt srchttpsctsbusinesswirecomctCTidbwnewsampsty20190407005034r1ampsidweb02ampdistronxamplangen stylewidth0height0span classbwct31415p

SOURCE: BUSINESS WIRE. ©2015 Business Wire


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