NetworkNewsAudio Announces Audio Press Release (APR) on Foresight Autonomous Holdings Facing Extreme Weather Challenge with Better Vision than the Human Eye
New York, New York--(Newsfile Corp. - August 10, 2018) - NetworkNewsAudio announces the Audio Press Release (APR) titled "From Sunshine to Snow: Self-Driving Car Manufacturers Face the Tough Weather Challenge," featuring Foresight Autonomous Holdings.
To hear the NetworkNewsAudio version, visit http://nnw.fm/K24qS
To read the original editorial, visit http://nnw.fm/J0Wx3
Foresight's QuadSight sensor system uses two pairs of infrared/thermal and visible spectrum cameras. Far-infrared cameras are much less affected by adverse weather than other sensors. They can see through fog and rain, providing a better view of the environment than other sensors — or even the human eye. Combining this thermal data with information from the visible light spectrum means that QuadSight produces a powerful range of data for a self-driving car.
The potential of this technology has led to significant successes for Foresight. The company has sold several prototypes to automotive manufacturers, including a recent sale to a Chinese company. With China becoming one of the largest markets for electric and autonomous vehicles, this sale is a major coup for Foresight.
Foresight Autonomous Holdings Ltd. (NASDAQ and TASE: FRSX), founded in 2015, is a technology company engaged in the design, development and commercialization of stereo/quad-camera vision systems and V2X cellular-based solutions for the automotive industry. Foresight's vision systems are based on 3D video analysis, advanced algorithms for image processing and sensor fusion. The company, through its wholly owned subsidiary Foresight Automotive Ltd., develops advanced systems for accident prevention which are designed to provide real-time information about the vehicle's surroundings while in motion. The systems are designed to improve driving safety by enabling highly accurate and reliable threat detection while ensuring the lowest rates of false alerts. The company's systems are targeting the Advanced Driver Assistance Systems (ADAS), semi-autonomous and autonomous vehicle markets. The company estimates 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.
NetworkNewsAudio (NNA) , a NetworkNewsWire (NNW) Solution, allows you to sit back and listen to market updates, CEO interviews and a Company AudioPressRelease (APR). These audio clips provide snapshots of position, opportunity and momentum. NetworkNewsAudio (NNA) can assist your company by cutting through the overload of information in today's market, NNA brings its clients unparalleled visibility, recognition and brand awareness. NetworkNewsWire (NNW) is where news, content and information converge. NetworkNewsWire (NNW) is a comprehensive provider of news aggregation and syndication, enhanced press release services and a full array of social communication solutions. As a multifaceted financial news and distribution company with an extensive team of journalists and writers, NNW has the unparalleled ability to reach a wide audience of investors, consumers, journalists and the general public with an ever-growing distribution network of more than 5,000 key syndication outlets across the nation.
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This release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. All forward-looking statements are inherently uncertain as they are based on current expectations and assumptions concerning future events or future performance of the company. Readers are cautioned not to place undue reliance on these forward-looking statements, which are only predictions and speak only as of the date hereof. In evaluating such statements, prospective investors should review carefully various risks and uncertainties identified in this release and matters set in the company's SEC filings. These risks and uncertainties could cause the company's actual results to differ materially from those indicated in the forward-looking statements.
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