NEW YORK, May 17, 2018 (GLOBE NEWSWIRE) -- Foresight Autonomous Holdings Ltd. (NASDAQ:FRSX) (TASE:FRSX), a technological
innovator in automotive vision systems and driver assistance technology, announces it has engaged the corporate communications
expertise of NetworkNewsWire ("NNW").
Through its wholly owned subsidiary, Foresight Automotive Ltd., Foresight is engaged in the design, development and
commercialization of stereo/quad-camera vision systems and V2X cellular-based solutions for the automotive industry. Foresight’s
vision systems are based on 3D video analysis, advanced algorithms for image processing and sensor fusion. The company’s powerful
and patented stereoscopic technology is derived from field-proven technology that has been deployed throughout the world for almost
two decades.
NNW is a multifaceted financial news and publishing company that delivers a new generation of social communication solutions,
news aggregation and syndication, and enhanced news release services. NNW’s strategies help public and private organizations find
their voice and build market visibility. As part of the Client-Partner relationship with Foresight Autonomous Holdings, Inc., NNW
will leverage its investor-based distribution network of over 5,000 key syndication outlets, various newsletters, social media
channels, blogs, and other outreach tools to generate greater brand awareness for the Company.
“Foresight is seeking more opportunities for its advanced accident prevention systems in the international market,” states
Sherri Franklin, Director of Brand Awareness Distribution (BAD) Solutions for NNW. “We look forward to assisting Foresight
with a corporate communications campaign that effectively keeps shareholders and the investment community up to date on its
operations and technology.”
About Foresight
Foresight Autonomous Holdings Ltd. (NASDAQ:FRSX) (TASE:FRSX), founded in 2015 and headquartered in Israel, is 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. Foresight’s vision systems are based on 3D video analysis, advanced algorithms for image
processing and sensor fusion. The company, through its wholly owned subsidiary Foresight Automotive Ltd., develops advanced systems
for accident prevention which are designed to provide real-time information about the vehicle's surroundings while in motion. The
systems are designed to improve driving safety by enabling highly accurate and reliable threat detection while ensuring the lowest
rates of false alerts. The company’s systems are targeting the Advanced Driver Assistance Systems (ADAS), semi-autonomous and
autonomous vehicle markets. The company estimates that its systems will revolutionize automotive safety by providing an
automotive-grade, cost-effective platform and advanced technology.
For more information, visit the company’s website at www.ForesightAuto.com
About NetworkNewsWire
NetworkNewsWire (NNW) is a financial news and content distribution company that provides (1) access to a network of wire
services via NetworkWire to reach all target markets, industries and demographics in the most effective
manner possible, (2) article and editorial syndication to 5,000+ news outlets, (3) enhanced press release services to ensure
maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to nearly 2 million followers, (5) a full array
of corporate communications solutions, and (6) a total news coverage solution with NNW Prime. As a multifaceted organization with an extensive team of contributing journalists and
writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors,
consumers, journalists and the general public. By cutting through the overload of information in today’s market, NNW brings its
clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge.
For more information, please visit https://www.NetworkNewsWire.com.
Please see full terms of use and disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever
published or re-published: http://NNW.fm/Disclaimer.
Forward-Looking Statements
This release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended and
Section 21E of the Securities Exchange Act of 1934, as amended. All forward-looking statements are inherently uncertain as they are
based on current expectations and assumptions concerning future events or future performance of the company. Readers are cautioned
not to place undue reliance on these forward-looking statements, which are only predictions and speak only as of the date hereof.
In evaluating such statements, prospective investors should review carefully various risks and uncertainties identified in this
release and matters set in the company's SEC filings. These risks and uncertainties could cause the company's actual results to
differ materially from those indicated in the forward-looking statements.
Corporate Communications Contact:
NetworkNewsWire (NNW)
New York, New York
www.NetworkNewsWire.com
212.418.1217 Office
Editor@NetworkNewsWire.com
