Foresight’s Subsidiary, Eye-Net Mobile, to Launch SDK Configuration of Cellular-Based Accident Prevention Solution at CES 2020
Summary
NESS ZIONA, Israel--(BUSINESS WIRE)--Foresight Autonomous Holdings Ltd. (NASDAQ and TASE: FRSX), an innovator in automotive vision, announced today that its wholly owned subsidiary, Eye-Net Mobile Ltd., will present the software development kit (SDK) configuration of its Eye-Net Protect accident prevention solution for the first time at CES 2020, January 7–10, in booth #1307 at the Westgate Las Vegas. “The current configuration will enable rapid market penetration, providing a life-saving accident prevention solution that is readily available for deployment and redefining the future of cellular-based V2X communication. 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 example, Foresight is using forward-looking statements in this press release when it discusses that SDK configuration indicates commercial engagement readiness and will allow Eye-Net Mobile to integrate its solution with leading location-based applications, that the current configuration will enable rapid market penetration, providing a life-saving accident prevention solution that is readily available for deployment and redefining the future of cellular-based V2X communication, and that Eye-Net Protect serves as a significant leap towards the connected users’ era.