NetworkNewsBreaks – Foresight Autonomous Holding

NetworkNewsBreaks – Foresight Autonomous Holdings Ltd.’s (NASDAQ: FRSX) (TASE: FRSX) Eye-Net Mobile Collaborates with Leading Israeli Cellular Provider in Successful Initial Integration

Automotive technology innovator Foresight Autonomous Holdings (NASDAQ: FRSX) (TASE: FRSX) this morning announced that its wholly owned subsidiary Eye-Net Mobile Ltd. has successfully installed its Eye-Net application’s communication layer on the data center of a leading Israeli cellular provider. A V2X cellular-based accident prevention solution, Eye-Net is designed to provide real-time pre-collision alerts to pedestrians and vehicles through smartphones and reliance on existing cellular networks. Collaboration with the cellular provider and leveraging its technological expertise and engineering design assistance may improve Eye-Net’s efficiency, allowing for more accurate alerts, most significant with the application’s deployment across a large number of mobile phones. “We were pleased to have the opportunity to collaborate with a leading Israeli cellular provider,” Foresight CEO Haim Siboni stated in the news release. “This strategic alliance marks an important milestone in Eye-Net’s roadmap. We expect to expand Eye-Net’s market penetration by extending collaboration with the leading cellular provider in future development milestones.”

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