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Foresight to Participate at TU-Automotive Detroit Exhibition

May 13, 2019

NESS ZIONA, Israel--(BUSINESS WIRE)--May 13, 2019--Foresight Autonomous Holdings Ltd. (Nasdaq and TASE:FRSX), an innovator in automotive vision systems, announced today that the company will exhibit at TU-Automotive Detroit from June 5-6, 2019, at booth number A35.

Foresight’s booth will feature the company’s QuadSight™ four-camera vision system, demonstrating the technology’s ability to detect any obstacle in darkness, fog, rain, and blinding glare. Featuring field-proven security technology developed over two decades and using highly advanced image-processing algorithms, QuadSight offers autonomous vehicles perception capabilities beyond those of human eyes and reduces the likelihood of accidents and injuries.

Foresight’s VP of Business Development, Mr. Doron Cohadier, will be available for one-on-one meetings. To schedule a meeting, please contact Miri Segal at msegal@ms-ir.com.

About TU-Automotive Detroit
TU-Automotive Detroit is the world’s largest auto tech conference & exhibition, shaping the future of connected auto mobility. This year’s conference will bring more that 3,250 automotive professionals to explore the latest industry developments. The exhibition attracts more than 200 companies, including Ford, GM, NIO, Hyundai and more.

About Foresight
Foresight Autonomous Holdings Ltd. (Nasdaq and TASE:FRSX), founded in 2015, is a technology company engaged in the design, development and commercialization of sensor systems for the automotive industry. Through our wholly owned subsidiaries, Foresight Automotive Ltd. and Eye-Net Mobile Ltd., we develop 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.

Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995 and other Federal securities laws. Words such as “expects,” “anticipates,” “intends,” “plans,” “believes,” “seeks,” “estimates” and similar expressions or variations of such words are intended to identify forward-looking statements. For example, Foresight is using forward-looking statements in this press release when it discusses that QuadSight offers autonomous vehicles perception capabilities beyond those of human eyes and reduces the likelihood of accidents and injuries. Because such statements deal with future events and are based on Foresight’s current expectations, they are subject to various risks and uncertainties, and actual results, performance or achievements of Foresight could differ materially from those described in or implied by the statements in this press release.

The forward-looking statements contained or implied in this press release are subject to other risks and uncertainties, including those discussed under the heading “Risk Factors” in Foresight’s annual report on Form 20-F filed with the Securities and Exchange Commission (“SEC”) on March 20, 2019, and in any subsequent filings with the SEC. Except as otherwise required by law, Foresight undertakes no obligation to publicly release any revisions to these forward-looking statements to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events. References and links to websites have been provided as a convenience, and the information contained on such websites is not incorporated by reference into this press release. Foresight is not responsible for the contents of third party websites.

View source version on businesswire.com:https://www.businesswire.com/news/home/20190512005034/en/

CONTACT: Investor Relations:

MS-IR LLC

Miri Segal-Scharia

CEO

msegal@ms-ir.com

917-607-8654

KEYWORD: UNITED STATES NORTH AMERICA MICHIGAN MIDDLE EAST ISRAEL

INDUSTRY KEYWORD: TECHNOLOGY AUDIO/VIDEO OTHER TECHNOLOGY TRANSPORT TRUCKING MANUFACTURING AUTOMOTIVE MANUFACTURING AUTOMOTIVE OTHER AUTOMOTIVE GENERAL AUTOMOTIVE

SOURCE: Foresight Autonomous Holdings Ltd.

Copyright Business Wire 2019.

PUB: 05/13/2019 02:00 AM/DISC: 05/13/2019 02:01 AM

http://www.businesswire.com/news/home/20190512005034/en