Foresight Autonomous Holdings Ltd. (NASDAQ: FRSX) (TASE: FRSX) Receives First Order for Breakthrough QuadSight™ Technology Product

Receives first QuadSight prototype order from truck division of a large European vehicle manufacturer QuadSight system uses two pairs of stereoscopic infrared and daylight cameras that exceed a human driver’s ability to see, regardless of weather or lighting conditions QuadSight, Eyes-On and Eye-Net are accident prevention products revolutionizing the safety and dependability of driver assistance and automated vehicle technology

Foresight Autonomous Holdings Ltd. (NASDAQ: FRSX) (TASE: FRSX), 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, recently received its first order for its breakthrough QuadSight prototype (http://nnw.fm/hXF4o). A truck division of a large European vehicle manufacturer ordered the system to evaluate the prototype and its performance on the manufacturer’s trucks. FRSX is confident that the sales of QuadSight prototypes will strengthen relations with potential customers and lead to large orders of the QuadSight vision system for mass production.

The QuadSight system demo was launched last January at the CES show in Las Vegas. Based on 3D video analysis, advanced algorithms for image processing and sensor fusion, QuadSight uses four-camera technology combining two pairs of stereoscopic infrared and daylight cameras. Stereoscopic cameras provide a level of accuracy that exceeds a human driver’s ability to see in real-time by using synchronized cameras, along with…

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