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Foresight Selected as Finalist for NMW Startup Challenge, the Innovation Platform of the IAA Commercial Vehicles

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IAA Commercial Vehicles in Hanover, Germany, is the world's leading
trade show for mobility, transport and logistics

Foresight Autonomous Holdings Ltd. (Nasdaq and TASE: FRSX), an
innovator in automotive vision systems, announced today that the Company
has been selected as a finalist in the New Mobility World (NMW) Lab18
Startup Challenge. Foresight has been selected from more than 100
applicants from 29 countries, as one of four of the most promising
mobility startups to reach the final round.

The NMW Lab18 Startup Challenge will take place in September at the IAA
Commercial Vehicles in Hanover, Germany – the world's leading trade show
for mobility, transport and logistics. The NMW interdisciplinary
platform is directed toward innovators in the transport and mobility
sector and brings together the most important players from all sectors
which develop new solutions, technologies or products for the mobility
of tomorrow.

"It is a great honor to make the finals list at this year's NMW Lab18
Startup Challenge," said Haim Siboni, CEO of Foresight.
"This achievement recognizes that Foresight's breakthrough QuadSight™
system has an important role in shaping the future of the automotive
industry. We believe that there is a perfect fit between Foresight's
technological solutions and the specific needs of the semi and fully
autonomous vehicles markets."

Foresight regards QuadSight™ as the industry's most accurate quad-camera
vision system, offering exceptional obstacle detection for
semi-autonomous and autonomous vehicle safety. Using proven, highly
advanced image-processing algorithms, QuadSight™ uses four-camera
technology that combines two pairs of stereoscopic infrared and daylight
cameras. QuadSight™ is designed to achieve near-100% obstacle detection
with near-zero false alerts under any weather or lighting conditions –
including complete darkness, rain, haze, fog and glare.

Follow the link for more information on the NMW
Lab 18 Startup Challenge
.

About Foresight
Foresight Autonomous Holdings Ltd. (Nasdaq
and TASE: FRSX), founded in 2015, is a technology company engaged in the
design, development and commercialization of stereo/quad-camera vision
systems for the automotive industry 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.

Forward Looking Statements
This press release contains
forward-looking statements within the meaning of the "safe harbor"
provisions of the Private Securities Litigation Reform Act of 1995 and
other Federal securities laws. Words such as "expects," "anticipates,"
"intends," "plans," "believes," "seeks," "estimates" and similar
expressions or variations of such words are intended to identify
forward-looking statements. For example, Foresight is using
forward-looking statements in this press release when it discusses its
belief that there is a perfect fit between its technological solutions
and the specific needs of the semi and fully autonomous vehicles
markets. Because such statements deal with future events and are based
on Foresight's current expectations, they are subject to various risks
and uncertainties and actual results, performance or achievements of
Foresight could differ materially from those described in or implied by
the statements in this press release.

The forward-looking statements contained or implied in this press
release are subject to other risks and uncertainties, including those
discussed under the heading "Risk Factors" in Foresight's registration
statement on Form 20-F filed with the Securities and Exchange Commission
("SEC") on June 1, 2017, and in any subsequent filings with the SEC.
Except as otherwise required by law, Foresight undertakes no obligation
to publicly release any revisions to these forward-looking statements to
reflect events or circumstances after the date hereof or to reflect the
occurrence of unanticipated events. References and links to websites
have been provided as a convenience, and the information contained on
such websites is not incorporated by reference into this press release.
Foresight is not responsible for the contents of third party websites.

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