Foresight Subsidiary Eye-Web Cellular Decided on as Finalist in GSMA’s MWC Barcelona 2020 International Cellular Awards

NESS ZIONA, Israel–(BUSINESS WIRE)-Foresight Self sufficient Holdings Ltd. (Nasdaq and TASE: FRSX), an innovator in car imaginative and prescient methods, as of late introduced that its wholly-owned subsidiary, Eye-Web Cellular Ltd., used to be named a finalist within the Absolute best Cellular Innovation for Car class within the GSMA’s 2020 International Cellular (GLOMO) Awards. The distinguished GLOMO Awards acknowledge pioneering people, groups, organizations and partnerships within the attached global. The GLOMO Awards Rite will happen at MWC Barcelona on Tuesday, February 25th, 2020.

The Eye-Web™ Give protection to cellular-based V2X resolution used to be selected as some of the 5 main applied sciences within the Absolute best Cellular Innovation for Car class, along world telecommunication firms similar to SK Telecom, Tata Communications, ZTE Company and KT Company.

The GLOMO awards judging panel is made out of greater than 300 main business and material mavens, analysts, reporters, lecturers, and, in some instances, cellular operator representatives from internationally.

Eye-Web™ Give protection to is a innovative cellular-based V2X resolution that saves lives and decreases the speed of street injuries. Eye-Web™ Give protection to is designed to offer real-time pre-collision indicators to susceptible street customers (pedestrians, cyclists and scooter drivers) and automobiles via the use of smartphones and depending on current mobile networks, requiring no further hardware. Designed to offer a complementary layer of coverage past conventional Complicated Motive force Help Techniques, Eye-Web™ Give protection to extends coverage to street customers who aren’t within the direct line of sight and aren’t coated via different alerting methods and sensors.

“This is a nice honor for Eye-Web Cellular to be incorporated a few of the spectacular checklist of GLOMO Awards finalists,” stated Haim Siboni, CEO of Foresight. “This prestigious reputation from the GLOMO Awards validates Eye-Web Cellular’s innovation and vital function in creating a life-saving twist of fate prevention resolution that may redefine the way forward for cellular-based V2X communique.”

The GLOMO awards, which is able to input its twenty-fifth 12 months at GSMA MWC Barcelona 2020, rejoice key inventions and achievements from each people and organizations around the cellular business. For more info about GSMA and the GLOMO Awards, please talk over with www.gsma.com

For more info about Eye-Web Cellular, please talk over with http://www.eyenet-mobile.com or apply the corporate’s LinkedIn web page, Eye-Web Cellular; Twitter, @EyeNetMobile1; and Instagram channel, Eyenetmobile1, the contents of which aren’t integrated into this press unencumber.

For more info about Foresight and its wholly owned subsidiary, Foresight Car, please talk over with www.foresightauto.com, apply @ForesightAuto on Twitter, or sign up for Foresight Car on LinkedIn, the contents of which aren’t integrated into this press unencumber.

About Foresight

Foresight Self sufficient Holdings Ltd. (Nasdaq and TASE: FRSX), based in 2015, is a generation corporate engaged within the design, construction and commercialization of sensors methods for the car business. Throughout the corporate’s wholly-owned subsidiaries, Foresight Car Ltd. and Eye-Web Cellular Ltd., Foresight develops each “in-line-of-sight” imaginative and prescient methods and “beyond-line-of-sight” cellular-based packages. Foresight’s imaginative and prescient sensor is a four-camera machine in response to 3-d video research, complicated algorithms for symbol processing, and sensor fusion. Eye-Web Cellular’s cellular-based utility is a V2X (vehicle-to-everything) twist of fate prevention resolution in response to real-time spatial research of shoppers’ motion.

The corporate’s methods are designed to fortify riding protection via enabling extremely correct and dependable danger detection whilst making sure the bottom charges of false indicators. Foresight is focused on the semi-autonomous and independent car markets and predicts that its methods will revolutionize car protection via offering an automotive-grade, cost-effective platform and complicated generation.

Ahead-Taking a look Statements

This press unencumber comprises forward-looking statements throughout the which means of the “protected harbor” provisions of the Personal Securities Litigation Reform Act of 1995 and different Federal securities rules. Phrases similar to “expects,” “anticipates,” “intends,” “plans,” “believes,” “seeks,” “estimates” and an identical expressions or diversifications of such phrases are meant to spot forward-looking statements. As an example, Foresight is the use of forward-looking statements on this press unencumber when it discusses the opportunity of its merchandise and that it predicts that its methods will revolutionize car protection via offering an automotive-grade, cost-effective platform and complicated generation. As a result of such statements handle long term occasions and are in response to Foresight’s present expectancies, they’re topic to more than a few dangers and uncertainties and exact effects, efficiency or achievements of Foresight may fluctuate materially from the ones described in or implied via the statements on this press unencumber.

The forward-looking statements contained or implied on this press unencumber are topic to different dangers and uncertainties, together with the ones mentioned underneath the heading “Chance Components” in Foresight’s registration remark on Shape 20-F filed with the Securities and Trade Fee (“SEC”) on March 20, 2019, and in any next filings with the SEC. Except for as another way required via regulation, Foresight undertakes no legal responsibility to publicly unencumber any revisions to those forward-looking statements to mirror occasions or instances after the date hereof or to mirror the incidence of unanticipated occasions. References and hyperlinks to web pages had been supplied as a comfort, and the tips contained on such web pages isn’t integrated via reference into this press unencumber. Foresight isn’t liable for the contents of third-party web pages.

Contacts
Investor Family members:
Miri Segal-Scharia
CEO
MS-IR LLC
[email protected]
917-607-8654

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