NetworkNewsBreaks – Foresight Autonomous Holding
Post# of 218
Foresight Autonomous Holdings (NASDAQ: FRSX) (TASE: FRSX), an innovator in automotive vision systems, today announced that its wholly owned subsidiary, Eye-Net Mobile Ltd., has entered a distribution agreement with Cornes Technologies, a leading Japanese trading house founded in 1900. Under the agreement, Cornes Technologies will promote and assist in the integration of the Eye-Net(TM) cellular-based accident prevention solution suite in products and applications of third parties in Japan. “The Japanese technology market is very versatile and addresses multiple verticals such as micro-mobility, smart devices, automotive manufacturers, telecommunication companies and smartphone manufacturers, as well as third-party application providers,” Dror Elbaz, COO and deputy CEO of Eye-Net Mobile, said in the news release. “Characterized by early adopters of new technologies, we believe that the Japanese technology market is a suitable target for Eye-Net Mobile’s solution. Moreover, we are confident that Cornes Technologies will utilize its extensive experience and relationships in this market to assist in current engagements and further market penetration.”
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