Autonomous Traffic Management Solution NoTraffic and Eye-Net Mobile Partner to Reduce Accidents

USA - English

• USA - English

TEL AVIV, Israel, March 30, 2020 /PRNewswire-PRWeb/ -- NoTraffic, a company that developed the world's first autonomous traffic management platform, announced a partnership agreement with Eye-Net Mobile Ltd., a wholly owned subsidiary of Foresight Autonomous Holdings Ltd. (Nasdaq and TASE: FRSX), an innovator in automotive vision systems. The partnership leverages Eye-Net Mobile's cellular-based V2X accident prevention solution and NoTraffic's solution to create communication between drivers and city infrastructure to reduce accidents on the road.

The purpose of the partnership is to leverage NoTraffic's reach data that is used for traffic management purpose to assist in complementing blind spots for drivers approaching an intersection, using the communication between vehicle to infrastructure. The companies will work together to integrate those capabilities and offer them to cities which have adopted the NoTraffic platform.

This partnership is a result of a successful trial conducted with both companies to demonstrate the benefits of communication between vehicle to infrastructure, to cover drivers' blind spots, increase safety and reduce accidents. Both technologies were integrated to demonstrate several accident prevention scenarios in an intersection. During the first phase of the trial, the NoTraffic platform, which was managing the traffic flow at the intersection, detected a vehicle which was about to run a red light, and was causing a high risk to the other vehicles in the area. As a driver was approaching the intersection, the Eye-Net™ application installed on the driver's mobile device received real-time alerts notifying them of a potential collision by the vehicle that was running the red light.

In the second phase, NoTraffic's system which was installed at the intersection, identified a pedestrian that was jumping into the road in an area that had a blocked line of sight for the driver approaching. This information was transmitted to the driver, who received the alert using the Eye-Net™ application and managed to stop just in time to avoid a collision. In both cases, drivers received real time alerts and were able to brake on time, preventing any accidents.
Link to the demonstration video: https://www.youtube.com/watch?v=hcc9cTo-vf4

NoTraffic's novel and proprietary Autonomous Traffic Management Platform solution solves today's traffic challenges while unlocking mobility benefits for traffic agencies. The platform enables cities for the first time to intelligently implement their traffic policy in a seamless way and operate autonomously in order to maximize traffic flow, reduce congestion, prioritize different types of vehicles, and prevent accidents.

"While the technology surrounding us is constantly evolving and improving almost every aspect of our life, the urban environment has been neglected. Intersections are still one of the most challenging traffic bottlenecks and serve as the location for 40% of traffic accidents. NoTraffic's technology demonstrates a significant breakthrough in the field of communications between road users and traffic infrastructure, bridging the gap between the connected and non-connected road users. Our partnership with Eye-Net Mobile allows us to harness the layer of data collected by our platform in order to provide drivers with better situational awareness of their blind spots as they approach an intersection, creating a much more efficient and safer experience for all road users," said Tal Kreisler, CEO of NoTraffic.

"The technological collaboration between Eye-Net Mobile and NoTraffic has the potential to redefine smart infrastructures and road users' connectivity," said Dror Elbaz, COO & Deputy CEO of Eye-Net Mobile. "Our cooperation will enhance both products and will enable accident prevention in junctions by sharing real-time information between intelligent traffic lights and connected road users. We believe that the combined solution will be adopted by municipalities and smart cities worldwide seeking to promote smart transportation and reduce the number of accidents in urban environments."

About NoTraffic
NoTraffic is the world's first autonomous traffic management platform that solves today's traffic challenges while unlocking advanced mobility benefits for cities. The platform optimizes traffic lights grids with smart sensors and prepares the road infrastructure for the connected and autonomous era.
The platform enables cities for the first time to intelligently implement their traffic policy in a seamless way and operate autonomously in order to maximize traffic flow, reduce congestion, prioritize different types of vehicles, and prevent accidents. For more information, visit http://www.notraffic.tech.

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 Eye-Net Mobile, visit http://www.eyenet-mobile.com. For more information about Foresight visit http://www.foresightauto.com

SOURCE NoTraffic