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Mobileye N.V.® Recognized As A Pioneer in Vision Systems for Intelligent Transportation Systems - Mobileye is a pioneer in the development of vision systems for intelligent transportation systems (ITS). The Company is recognized as the leading provider of driver assistance technologies, selected by BMW, GM & Volvo for their production vehicles
Mobileye N.V.® Recognized As A Pioneer in Vision Systems for Intelligent Transportation Systems

 

PRZOOM - /newswire/ - Amstelveen, Netherlands, 2008/02/02 - Mobileye is a pioneer in the development of vision systems for intelligent transportation systems (ITS). The Company is recognized as the leading provider of driver assistance technologies, selected by BMW, GM & Volvo for their production vehicles.

   
 
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Mobileye N.V.® is a pioneer in the development of vision systems for intelligent transportation systems (ITS). Founded in 1999, the Company is recognized as the leading provider of vision-based driver assistance technologies and has been selected by BMW, GM and Volvo for their production vehicles.

Mobileye’s mission is to develop vision systems and applications for accident reduction and driver assistance. These systems work as an additional eye that continuously watches the road, and is never distracted. The applications support the driver in performing various routine driving tasks (e.g., distance keeping, lane keeping, adaptive cruise control) and provide the driver with timely warnings ) in dangerous situations (e.g., lane departure warning, forward collision warning with both vehicles, and pedestrians).

Studies in the United States and Europe have shown that nearly 80 percent of all accidents are due to driver inattention, and that providing an early warning in case of an imminent crash can dramatically reduce accidents and casualties.

Mobileye’s EyeQ™vision system-on-a-chip (VSoC) represents a technological breakthrough that combines high performance with low cost and allows consolidation of multiple applications on a single platform. EyeQ is positioned to revolutionize the implementation of driver assistance systems on a mass scale.

In parallel, Mobileye has developed the Mobileye AWS™(Advance Warning System) product line; a unique, comprehensive driver assistance system for the consumer aftermarket that can be installed in all types of vehicles. Mobileye AWS provides a variety of applications, such as lane departure warning, forward collision warning and headway monitoring, as well as a unique data recording tool for capturing driving characteristics.

Mobileye’s (mobileye.com) main offices are located in the Netherlands, with an R&D center in Jerusalem, Israel. The company has sales and marketing offices in the United States, Japan, and Cyprus. Mobileye has over 185 employees worldwide.

 
 
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Mobileye N.V.® Recognized As A Pioneer in Vision Systems for Intelligent Transportation Systems

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Contact: Alma Book - Mobileye.com 
+972 2 541 7333 Alma.Book[.]mobileye.com
 
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IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any Mobileye N.V. securities in any jurisdiction including any other companies listed or named in this release.

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