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NetworkNewsWire Announces Publication on Growth of Advanced Auto Technology Specialized Businesses Driving the Future

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NEW YORK, July 26, 2018 (GLOBE NEWSWIRE) -- via NetworkWire — NetworkNewsWire ("NNW"), a multifaceted financial news and publishing company, today announces the publication of an editorial featuring Foresight Autonomous Holdings (NASDAQ:FRSX) (TASE:FRSX), a client of NNW engaged in the design, development and commercialization of stereo/quad-camera vision systems and V2X cellular-based solutions for the automotive industry.

To view the full publication, titled "Self-Driving and Electric Vehicles Are Combining to Make the Cars of the Future," visit: http://nnw.fm/0hKlM

Though many people still see self-driving cars as science fiction dreams, such vehicles are coming close to reality. Big players such as Tesla and General Motors are pushing forward with this technology, showing their faith in the market. Alongside them, a wealth of smaller specialist businesses, including Foresight Autonomous Holdings (NASDAQ:FRSX) (TASE:FRSX), are emerging to provide critical components.

Foresight's growth provides an example of how the market has matured. Founded in 2015, the company designs, develops and commercializes vision sensor systems for assistant driving, semi and fully autonomous vehicles. These systems include sensors, processors and software that allow a vehicle to make sense of that information. As explained in a CNBC article on "What Driving Will Look Like in 2028," these systems serve as the eyes of a self-driving vehicle and will be vital to the automated-driving industry's success. There's enough interest in automated driving not only to support a specialist company such as Foresight but to also see it flourish.

About Foresight
Foresight Autonomous Holdings Ltd. (NASDAQ:FRSX) (TASE:FRSX), founded in 2015, 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

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