Foresight Subsidiary Eye-Net Mobile Selected as Finalist in GSMA’s MWC Barcelona 2020 Global Mobile Awards
Summary
The GLOMO awards judging panel is comprised of more than 300 leading industry and subject matter experts, analysts, journalists, academics, and, in some cases, mobile operator representatives from across the world. Eye-Net™ Protect is designed to provide real-time pre-collision alerts to vulnerable road users (pedestrians, cyclists and scooter drivers) and vehicles by using smartphones and relying on existing cellular networks, requiring no additional hardware. Foresight Autonomous Holdings Ltd. (Nasdaq and TASE: FRSX), founded in 2015, is a technology company engaged in the design, development and commercialization of sensors systems for the automotive industry. 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. For example, Foresight is using forward-looking statements in this press release when it discusses the potential of its products and that it predicts that its systems will revolutionize automotive safety by providing an automotive-grade, cost-effective platform and advanced technology.