On May 23, 2018, we published revised versions of our Privacy Policy and User Agreements. Please read these updated terms and take some time to understand them. Your use of our services is subject to these revised terms.
Yes, I Agree.

NetworkNewsBreaks – Foresight Autonomous Holdings Ltd. (NASDAQ: FRSX) (TASE: FRSX) Inks Distribution Agreement with Cornes Technologies

Company: Foresight Autonomous Holdings Ltd. (FRSX)
Category: News

Foresight Autonomous Holdings (NASDAQ: FRSX) (TASE: FRSX), an automotive technology innovator, this morning announced the signing of a distribution agreement with Cornes Technologies, a leading Japanese trading house. Per the update, Cornes Technologies will have exclusive rights to promote and distribute Foresight’s QuadSight(TM) system in the Japanese market. Prior to the signing of this agreement, Foresight conducted real time live demonstrations of the QuadSight system at a technology roadshow in Japan with the assistance of Cornes Technologies. The excellent performance of the QuadSight system was well received at the roadshow, resulting in quite a few OEMs and Tier One suppliers expressing interest in obtaining prototype systems. “The Japanese automotive industry is one of the most prominent and innovative industries in the world, making it a suitable target market for Foresight’s breakthrough QuadSight vision system,” Foresight VP of Business Development Doron Cohadier stated in the news release.

To view the full press release, visit http://nnw.fm/P6p42

About Foresight Autonomous Holdings Ltd.

Foresight Autonomous Holdings Ltd., founded in 2015, is a technology company engaged in the design, development and commercialization of sensor systems for the automotive industry. Through its wholly owned subsidiaries, Foresight Automotive Ltd. and Eye-Net Mobile Ltd., the company develops both “in-line-of-sight” vision systems and “beyond-line-of-sight” cellular-based applications. Foresight’s vision sensor is a four-camera system based on 3D video analysis, advanced algorithms for image processing, and sensor fusion. Eye-Net Mobile’s cellular-based application is a V2X (vehicle-to-everything) accident prevention solution based on real-time spatial analysis of clients’ movement. 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 and are targeting the semi-autonomous and autonomous vehicle markets. The company predicts that its systems will revolutionize automotive safety by providing an automotive-grade, cost-effective platform and advanced technology. 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://nnw.fm/FRSX

About NetworkNewsWire

NetworkNewsWire (NNW) is an information service that provides (1) access to our news aggregation and syndication servers, (2) NetworkNewsBreaks that summarize corporate news and information, (3) enhanced press release services, (4) social media distribution and optimization services, and (5) a full array of corporate communication solutions. As a multifaceted financial news and content distribution company with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. NNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge.

To receive SMS text alerts from NetworkNewsWire, text “STOCKS” to 77948 (U.S. Mobile Phones Only)

For more information please visit https://www.NetworkNewsWire.com

Please see full terms of use and disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer

NetworkNewsWire (NNW)
New York, New York
www.NetworkNewsWire.com
212.418.1217 Office
Editor@NetworkNewsWire.com

NetworkNewsWire Currently Accepts

Bitcoin

Bitcoin

Bitcoin Cash

Bitcoin Cash

Ethereum

Ethereum

Litecoin

Litecoin

USD Coin

USD Coin

Contact us: 212.418.1217