$FRSX NetworkNewsWire Releases Exclusive Audio Interview

NEW YORK, June 28, 2018  — NetworkNewsAudio, via NetworkNewsWire (“NNW”), a multifaceted financial news and publishing company that delivers a new generation of social communication solutions for business, today announces the online availability of its interview with Foresight Autonomous Holdings Ltd. (NASDAQ:FRSX) (TASE:FRSX), a client of NNW engaged in the design, development and commercialization of stereo/quad-camera vision systems and V2X cellular-based solutions for the automotive industry.

The interview can be heard at http://nnw.fm/d6IFD.

NNW’s Stuart Smith introduces Foresight’s VP of Business Development Doron Cohadier to an interview that highlights the company’s unique business model, products and solutions that are designed to drive the future in the assisted and semi and fully-autonomous vehicle industry.

The interview begins with an introduction of FRSX as a holding company, composed of three pillars. Foresight Automotive Ltd. (“Foresight”), FRSX’s wholly owned subsidiary, is developing advanced accident prevention solutions based on vision systems and stereoscopic technology. The second pillar, Eye-Net™, is developing cellular-based vehicle-to-anything (V2X) solutions. FRSX also holds 32-percent equity of RailVision, which is developing advanced systems for railway safety, security and maintenance based on vision systems.

Foresight’s solutions are unique collision prevention systems  based-on vision capabilities, as well as patented stereoscopic technology that has been deployed in critical facilities in the field of homeland security for almost the last two decades. The team is leveraging this powerful technology to create advanced systems within the automotive arena. Foresight has secured early investment interest from the automotive industry by demonstrating the advanced performance of its technology.

Foresight has developed three main products. Eyes-On™ is an Advanced Driver Assistance System (ADAS) solution that utilizes two visible-light cameras and stereoscopic technology that is aimed as a warning or  intervening system for the OEM market or as a retrofit system for vehicles not equipped with an OEM-ADAS system. QuadSight™ is a multispectral vision system that includes the same advanced vision system leveraged with Eyes-On but also incorporates addition of two infrared cameras and stereoscopic technology. The main difference in the QuadSight system is that it provides powerful sensory capability for all weather and lighting conditions. The very unique product is designed to address the industry’s largest challenge of dealing with extreme weather scenarios. Thirdly, the company’s complimentary product, Eye-Net™, is a cellular V2X solution that provides full capabilities of handling non-line-of-sight scenarios where sensory response technology may be coupled with vision capabilities for added safety.

The company is led by a strong team with extensive combined experience in business operations, development, marketing, finance, technology, project, supply chain and global management across multiple industries. The team also leverages expertise in multi-disciplinary fields of electro-optical systems, image processing and 3D reconstruction.

Foresight accomplished many milestones throughout 2017, including the successful launch of seven pilot programs with leading OEMs in both the Far East and Europe to demonstrate capabilities of the Eyes-On system. The company also completed development of a real-time Eyes-On prototype that garnered substantial fundraising, mid-2017 listing on NASDAQ, as well as successful launch of the company’s flagship product, QuadSight, at the CES show in January 2018. The product gained worldwide attention, bringing unique capabilities in the world of vision. Finally, RailVision achieved successful pilots with leading European rail operators.

Looking into the remainder of 2018 and moving forward, the company will focus on QuadSight and the sale of evaluation kits that Cohadier indicates, “will allow us, at an early stage, to be in connection with various key stakeholders in the automotive industry.” Through these early connections, the company aims to establish mutual cooperation with key industry clients. Additional goals for Foresight include expansion of business activity across its entire product line, acceleration of research and development efforts, as well as completion of a planned spinoff and merger of Eye-Net to a separate publicly traded company.

In highlighting the unique needs of the market based on Foresight’s expertise as well as many discussions with automotive vehicle manufacturers, multiple winning technologies will be incorporated in the future of autonomous driving. However, Cohadier indicated that one feature stands out, stating, “Vision will always be needed” in order to identify traffic lanes, signs, lights, other vehicles, etc. Foresight understands the value of vision in its products and its focus, as Cohadier states, is “to provide the market with the best vision systems, not only for fully-autonomous but for ADAS and semi-autonomous” sectors of the industry.

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 and V2X cellular-based solutions for the automotive industry. Foresight’s vision systems are 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 predicts that its systems will revolutionize automotive safety by providing an automotive-grade, cost-effective platform and advanced technology.

For more information, visit the company’s website at http://www.ForesightAuto.com

About NetworkNewsAudio

NetworkNewsAudio, a service of NetworkNewsWire (NNW), allows you to sit back and listen to market updates, interviews and company press releases. NetworkNewsAudio keeps you informed on publicly traded companies we’re watching. The audio clips provide snapshots of position, opportunity and momentum. NetworkNewsAudio is a Brand Awareness Distribution Solution from NetworkNewsWire.

For more information, visit: http://www.NetworkNewsAudio.com

About NetworkNewsWire

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Forward-Looking Statements

This release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. All forward-looking statements are inherently uncertain as they are based on current expectations and assumptions concerning future events or future performance of the company. Readers are cautioned not to place undue reliance on these forward-looking statements, which are only predictions and speak only as of the date hereof. In evaluating such statements, prospective investors should review carefully various risks and uncertainties identified in this release and matters set in the company’s SEC filings. These risks and uncertainties could cause the company’s actual results to differ materially from those indicated in the forward-looking statements.

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