Foresight Appoints Alain Charlois as Vice President of Strategic Partnerships in North America and Europe
June 24 2020 - 8:00AM
Business Wire
Foresight Autonomous Holdings Ltd. (Nasdaq and TASE: FRSX), an
innovator in automotive vision systems, announced today the
appointment of seasoned executive Alain Charlois as Vice President
of Strategic Partnerships, effective July 1st, 2020. Mr. Charlois
will be responsible for developing new business opportunities and
identifying potential strategic partners in the Advanced Driver
Assistance Systems (ADAS) and autonomous driving markets in North
America and Europe.
Alain Charlois has extensive experience commercializing
disruptive technology and scaling businesses in both the automotive
and off-highway markets, holding leadership positions at
international companies across Asia, Europe and North America. Mr.
Charlois led the strategic business development and product
strategy planning at automotive companies such as ZF-TRW
Automotive, as well as startups such as Fallbrook Technologies and
Phantom Intelligence. His deep automotive experience gives him a
unique and invaluable perspective on ADAS sensors, autonomous
vehicles, and the associated ecosystem.
“Foresight’s unique vision technology has the potential to
revolutionize automotive safety” said Haim Siboni, Foresight’s CEO.
“Mr. Charlois’ unique skills and extensive industry relationships
will allow us to generate additional interest in our offerings,
help us identify and connect with potential corporate partners, and
expand our presence in the ADAS and autonomous vehicles
markets.”
“I believe a lot more could be done with advanced computer
vision and ADAS technologies to enhance drivers’, pedestrians’ and
cyclists’ safety” said Mr. Charlois. “I am delighted to join the
Foresight team and push their disruptive sensing technology into
the marketplace.”
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 sensors systems for the
automotive industry. Through the company’s wholly owned
subsidiaries, Foresight Automotive Ltd. and Eye-Net Mobile Ltd.,
Foresight develops both “in-line-of-sight” vision systems and
“beyond-line-of-sight” cellular-based applications. Foresight’s
vision sensor is a four-camera system based on 3D video analysis,
advanced algorithms for image processing, and sensor fusion.
Eye-Net Mobile’s cellular-based application is a V2X
(vehicle-to-everything) accident prevention solution based on
real-time spatial analysis of clients’ movement.
The company’s systems are designed to improve driving safety by
enabling highly accurate and reliable threat detection while
ensuring the lowest rates of false alerts. Foresight is targeting
the semi-autonomous and autonomous vehicle markets and predicts
that its systems will revolutionize automotive safety by providing
an automotive-grade, cost-effective platform and advanced
technology.
For more information about Foresight and its wholly owned
subsidiary, Foresight Automotive, visit www.foresightauto.com,
follow @ForesightAuto1 on Twitter, or join Foresight Automotive on
LinkedIn.
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
the ability of Foresight’s technology to revolutionize automotive
safety, as well as Foresight’s ability to connect with potential
partners and expand its presence in the ADAS and 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 annual report on Form 20-F filed with the Securities
and Exchange Commission ("SEC") on March 20, 2019, 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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version on businesswire.com: https://www.businesswire.com/news/home/20200624005383/en/
Investor Relations Contact: Miri Segal-Scharia CEO MS-IR
LLC msegal@ms-ir.com 917-607-8654
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