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InvestorNewsBreaks – Foresight Autonomous Holdings Ltd. (NASDAQ: FRSX) (TASE: FRSX) Subsidiary Unveils Virtual Sensor for Auto Industry at CES 2023
January 4, 2023

InvestorNewsBreaks – Foresight Autonomous Holdings Ltd. (NASDAQ: FRSX) (TASE: FRSX) Subsidiary Unveils Virtual Sensor for Auto Industry at CES 2023

Foresight Autonomous Holdings (NASDAQ: FRSX) (TASE: FRSX), an innovator in automotive vision, and its wholly owned subsidiary Eye-Net Mobile Ltd., have announced a new collision-prediction solution. Called Eye-Zone(TM), the solution is a virtual sensor designed for the automotive industry. Eye-Zone will be on display at CES 2023, which will be held in Las Vegas on Jan. 5–8, 2023. CES visitors will be able to meet key members of the Eye-Zone team during the show as well as enjoy a behind-the-wheel experience on Eye-Net’s 3D driving simulator. According to the announcement, Eye-Zone is a vehicle-to-everything (“V2X”) collision-detection and accident-prevention solution designed to notify the driver through a unique virtual sensor that provides information about real-time location, movement characteristics and probability of collision with road users around the vehicle. The company noted that Eye-Zone can be integrated with various automotive systems, including Advanced Driver Assistance Systems, navigation systems and infotainment systems.

To view the full press release, visit https://ibn.fm/3Jt80

About Foresight Autonomous Holdings Ltd.

Foresight Autonomous Holdings is a technology company developing smart multispectral vision software solutions and cellular-based applications. Through the company’s wholly owned subsidiaries — Foresight Automotive Ltd., Foresight Changzhou Automotive Ltd. and Eye-Net Mobile Ltd. — Foresight develops both “in-line-of-sight” vision systems and “beyond-line-of-sight” accident-prevention solutions. Foresight’s vision solutions include modules of automatic calibration and dense three-dimensional (“3D”) point cloud that can be applied to different markets such as automotive, defense, autonomous vehicles and heavy industrial equipment. Eye-Net Mobile’s cellular-based solution suite provides real-time, precollision alerts to enhance road safety and situational awareness for all road users in the urban mobility environment by incorporating cutting-edge AI technology and advanced analytics. 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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