Mobileye Aftermarket Collision Avoidance Solution to be Added to Proterra Catalyst Electric Buses

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Improving safety for customers and communities

Mobileye Aftermarket, a division of Mobileye N.V., the global leader in the development of vision and data analysis for Advanced Driver Assistance Systems and autonomous driving, today announced that Proterra Inc., the leading provider of zero-emission battery-electric buses, will offer factory installation of the aftermarket collision avoidance solution in its 2016 models

The Mobileye Aftermarket system provides collision prevention and mitigation by warning drivers of potential incidents before they happen. According to the National Highway Transportation and Safety Administration, 93% of accidents are due to human error. An alert system such as Mobileye can give a distracted driver the opportunity to avoid a collision or mitigate its severity.

“Improving road safety for our customers and their communities is central to enhancing the performance of our vehicles,” said Ryan Popple, CEO of Proterra. “Enhanced features like the Mobileye Aftermarket system provide drivers with a valuable tool to help mitigate accidents, which is critical for a bus full of passengers.”

The safety benefits of collision avoidance systems like Mobileye Aftermarket have been proven to reduce collisions and the injuries and fatalities involved.

In addition to the forward collision warning, the Mobileye Aftermarket system also offers pedestrian and cyclist detection, which is critical in urban environments, headway monitoring to avoid tailgating, lane departure warning to help avoid drifting, and speed limit indication.

“The Mobileye Aftermarket system acts as an added layer of protection for Proterra’s drivers,” said Michael Backman, General Manager, Mobileye Aftermarket USA. “Mobileye is proven to improve driver behavior, leading to a lower risk of collisions and generating savings in operational costs.”

This factory-installed option integrates the Mobileye Aftermarket system with the OEM LCD cluster in the dashboard, providing clear visibility for the driver, and maintaining the integrity of the dash. Tactile feedback will also be integrated into the OEM steering wheel.

About Proterra:
Proterra is a leader in the design and manufacture of zero-emission vehicles that enable bus fleet operators to significantly reduce operating costs while delivering clean, quiet transportation to the community. Proterra has sold more than 120 vehicles to 15 different transit agencies throughout North America. Proterra's configurable EV platform, battery and charging options make its buses well-suited for a wide range of transit and campus routes. With unmatched durability and energy efficiency based on rigorous U.S. certification testing, Proterra products are proudly designed, engineered and manufactured in America, with offices in Silicon Valley and South Carolina. For more information visit: http://www.proterra.com/ and follow us on Twitter @Proterra_Inc.

About Mobileye N.V.
Mobileye N.V. is the global leader in the development of vision analysis and data analysis for Advanced Driver Assistance Systems and autonomous driving. Our technology keeps passengers safer on the roads, reduces the risks of traffic accidents, saves lives and has the potential to revolutionize the driving experience by enabling autonomous driving. Our proprietary software algorithms and EyeQ® chips perform detailed interpretations of the visual field in order to anticipate possible collisions with other vehicles, pedestrians, cyclists, animals, debris and other obstacles. Mobileye’s products are also able to detect roadway markings such as lanes, road boundaries, barriers and similar items, as well as to identify and read traffic signs and traffic lights. Our products are or will be integrated into car models from 23 global automakers including BMW, Ford, General Motors, Nissan, Volvo, Audi and Hyundai. Our products are also available in the aftermarket.

This press release may contain certain forward-looking statements. Words such as “believes,” “intends,” “expects,” “projects,” “anticipates,” and “future” or similar expressions are intended to identify forward-looking statements. These statements are only predictions based on our current expectations and projections about future events. You should not place undue reliance on these statements. Many factors may cause our actual results to differ materially from any forward-looking statement, including the risk factors and other matters set forth in Mobileye’s filings with the U.S. Securities and Exchange Commission, including its Annual Report on Form 20-F for the year ended December 31, 2014. Mobileye undertakes no obligation to update or revise any forward-looking statement, whether as a result of new information, future events or otherwise, except as may be required by law.

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Donna Bahena
Mobileye
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