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Mobileye Selected as an ‘Enterprise of Tomorrow’ by Israeli Presidential Conference - Mobileye, a pioneer in the development of vision-based Driver Assistance Systems and applications has presented at the ‘Facing Tomorrow’ conference, a synergistic gathering of major world leaders, which examined innovations of exceptional promise
Mobileye Selected as an ‘Enterprise of Tomorrow’ by Israeli Presidential Conference

 

NewswireToday - /newswire/ - Amstelveen, Netherlands, 2008/05/22 - Mobileye, a pioneer in the development of vision-based Driver Assistance Systems and applications has presented at the ‘Facing Tomorrow’ conference, a synergistic gathering of major world leaders, which examined innovations of exceptional promise.

   
 
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Chosen out of over 400 applicants, Mobileye was featured as one of the top six leading enterprises of tomorrow in the areas of environment, medicine, technology, transport, and society. Mobileye’s automotive safety systems assist drivers by continuously watching the road, providing forward collision warning, lane departure warning, headway monitoring (preventing tailgating), traffic sign recognition, blind spot detection, pedestrian detection, pre-crash accident mitigation applications, and more.

The international convocation examined trends and developments mapping the future, and served as an incubator for selected proactive responses. Guests who attended the prestigious event included a variety of public figures, from President Bush, Tony Blair and Mikhail Gorbachev, to business moguls such as Google's Sergey Brin, Facebook’s Mark Zuckerberg and Tata Group's Ratan Tata.

Considered a ‘neglected epidemic’ by the World Health Organization, each year, 1.2 million motorists lose their live and up to 50 million are injured by driving inattentively, a statistic that continues to grow in direct proportion to today’s flurry of in-car distractions and ever-increasing traffic. Mobileye’s technologies are making roads safer, by increasing overall driving safety, and improving driver alertness, the proven main cause of road accidents.

Already a leader in supplying sophisticated accident prevention and mitigation technologies for automotive manufacturers such as BMW, Volvo and General Motors, Mobileye’s line of consumer products, Mobileye Advance Warning System (AWS), offers the only systems on the market combining forward collision warning (FCW), lane departure warning (LDW), and headway monitoring and warning (HMW) capabilities and even document accidents caused by carelessness or fatigue behind the wheel.

Mobileye is the winner of the Entrepreneurial Company of the Year Award in the Automotive Industry by Frost & Sullivan, who have stated: “By 2010, all major vehicle manufacturers are expected to introduce the vision-based safety systems in the market. Mobileye has got a head start over its competitors, since its system is capable of performing functions such as forward collision warning, headway warning and LDW in addition to the video-accident recording option.”

Unparalleled in sophistication, effectiveness, and cost, Mobileye's systems offer drivers a solution to the most common road accidents, as well as the most dangerous ones. Mobileye is shaping the future of road safety, while promoting the notion of Safer Roads For a Safer Future worldwide.

 
 
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Written by / Agency / Source: Mobileye N.V.

 
 

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Mobileye Selected as an ‘Enterprise of Tomorrow’ by Israeli Presidential Conference

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Publisher 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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