{"id":17211,"date":"2021-08-27T01:00:00","date_gmt":"2021-08-27T01:00:00","guid":{"rendered":"https:\/\/eodishasamachar.com\/en\/2021\/08\/27\/foresight-begins-proof-of-concept-project-with-a-leading-chinese-vehicle-manufacturer\/"},"modified":"2021-08-27T01:00:00","modified_gmt":"2021-08-27T01:00:00","slug":"foresight-begins-proof-of-concept-project-with-a-leading-chinese-vehicle-manufacturer","status":"publish","type":"post","link":"https:\/\/eodishasamachar.com\/en\/2021\/08\/27\/foresight-begins-proof-of-concept-project-with-a-leading-chinese-vehicle-manufacturer\/","title":{"rendered":"Foresight Begins Proof of Concept Project with a Leading Chinese Vehicle Manufacturer"},"content":{"rendered":"

\n<\/p>\n

\n

About Foresight <\/h2>\n

Foresight Autonomous Holdings Ltd.
\n(Nasdaq and TASE: FRSX) is a technology company developing smart multi-spectral
\nvision software solutions and cellular-based applications. Through the
\nCompany’s wholly owned subsidiaries, Foresight Automotive Ltd. and Eye-Net
\nMobile Ltd., Foresight develops both “in-line-of-sight” vision systems and
\n“beyond-line-of-sight” accident-prevention solutions. <\/p>\n

Foresight’s vision solutions include
\nmodules of automatic calibration, sensor fusion and dense 3D point cloud that
\ncan be applied to diverse markets such as automotive, defense, autonomous
\nvehicles and heavy industrial equipment. Eye-Net Mobile’s cellular-based
\nsolution suite provides real-time pre-collision alerts to enhance road safety
\nand situational awareness for all road users in the urban mobility environment
\nby incorporating cutting-edge AI technology and advanced analytics.<\/p>\n

\u00a0<\/p>\n

For more information about Foresight
\nand its wholly owned subsidiary, Foresight Automotive, visit www.foresightauto.com<\/a>, follow @ForesightAuto1<\/a> on Twitter, or join Foresight Automotive<\/a> on LinkedIn.<\/p>\n

Forward-Looking
\nStatements <\/u><\/b><\/p>\n

This
\npress release contains forward-looking statements within the meaning of the
\n“safe harbor” provisions of the Private Securities Litigation Reform
\nAct of 1995 and other Federal securities laws. Words such as
\n“expects,” “anticipates,” “intends,”
\n“plans,” “believes,” “seeks,”
\n“estimates” and similar expressions or variations of such words are
\nintended to identify forward-looking statements. For example, Foresight is
\nusing forward-looking statements in this press release when it discusses the potential for the Chinese vehicle
\nmanufacturer to consider future cooperation for possible integration into its
\nsemi- and fully autonomous vehicles, the expected timing of the completion of
\nthe project and that it continues its strategy to expand its presence and
\nbecome a dominant player in the Asian automotive market.\u00a0 Because such
\nstatements deal with future events and are based on Foresight’s current
\nexpectations, they are subject to various risks and uncertainties, and actual
\nresults, performance or achievements of Foresight could differ materially from
\nthose described in or implied by the statements in this press release.<\/p>\n

The forward-looking statements
\ncontained or implied in this press release are subject to other risks and
\nuncertainties, including those discussed under the heading “Risk
\nFactors” in Foresight’s annual report on Form 20-F filed with the
\nSecurities and Exchange Commission (“SEC”) on March 30, 2021, and in
\nany subsequent filings with the SEC. Except as otherwise required by law,
\nForesight undertakes no obligation to publicly release any revisions to these
\nforward-looking statements to reflect events or circumstances after the date
\nhereof or to reflect the occurrence of unanticipated events. References and
\nlinks to websites have been provided as a convenience, and the information
\ncontained on such websites is not incorporated by reference into this press
\nrelease. Foresight is not responsible for the contents of third-party
\nwebsites.\u00a0<\/p>\n

#Foresight<\/p>\n<\/p><\/div>\n