NetworkNewsBreaks – Foresight Autonomous Holding
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Posted On: 04/21/2021 4:49:00 PM
NetworkNewsBreaks – Foresight Autonomous Holdings Ltd.’s (NASDAQ: FRSX) (TASE: FRSX) Eye-Net, WebSIA Partner to Integrate Solutions in Sao Paulo, Brazil
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 WebSIA Soluções Disruptivas, Inteligências Associadas, Tecnologia e Serviços Ltda. WebSIA is a Brazilian distributor, developer and integrator focused on cutting-edge technologies. Under the agreement, WebSIA will exclusively promote and sell the Eye-Net(TM) Protect cellular-based accident prevention solution and serve as Eye-Net’s distributor in the city of Sao Paulo to support customers and generate new business. Following successful integration of Eye-Net’s solutions in Sao Paulo, the agreement may be expanded to additional territories. “We are excited to expand our activities to Latin America and specifically in Sao Paulo, Brazil’s most densely populated and technologically advanced region. Sao Paulo’s state government recently announced a new program aimed at accelerating smart city initiatives in the areas of infrastructure and transportation in its municipalities,” said Dror Elbaz, COO and deputy CEO of Eye-Net Mobile. “Integrating our solution into different smart city projects in this city of 12 million people may help us to achieve a critical mass of Eye-Net Protect users in a defined area and increase the chances of preventing accidents and saving lives. Through our partnership with WebSIA, we hope to further expand into Latin America in the future and extend our market penetration.”
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
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 WebSIA Soluções Disruptivas, Inteligências Associadas, Tecnologia e Serviços Ltda. WebSIA is a Brazilian distributor, developer and integrator focused on cutting-edge technologies. Under the agreement, WebSIA will exclusively promote and sell the Eye-Net(TM) Protect cellular-based accident prevention solution and serve as Eye-Net’s distributor in the city of Sao Paulo to support customers and generate new business. Following successful integration of Eye-Net’s solutions in Sao Paulo, the agreement may be expanded to additional territories. “We are excited to expand our activities to Latin America and specifically in Sao Paulo, Brazil’s most densely populated and technologically advanced region. Sao Paulo’s state government recently announced a new program aimed at accelerating smart city initiatives in the areas of infrastructure and transportation in its municipalities,” said Dror Elbaz, COO and deputy CEO of Eye-Net Mobile. “Integrating our solution into different smart city projects in this city of 12 million people may help us to achieve a critical mass of Eye-Net Protect users in a defined area and increase the chances of preventing accidents and saving lives. Through our partnership with WebSIA, we hope to further expand into Latin America in the future and extend our market penetration.”
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
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