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Foresight Subsidiary Eye-Net Mobile Receives Notice of Allowance for Patent Application from U.S. Patent and Trademark Office

Foresight Autonomous Holdings Ltd. - American Depositary Shares (FRSX) 
US:NASDAQ Investor Relations: ir.foresightauto.com
Company Research Source: Business Wire
The patent application relates to the company’s accident prevention solution NESS ZIONA, Israel--(BUSINESS WIRE)--Foresight Autonomous Holdings Ltd. (Nasdaq and TASE: FRSX), an innovator in automotive vision systems, announced today that its wholly owned subsidiary, Eye-Net Mobile Ltd., has received a notice of allowance from the United States Patent and Trademark Office for patent application No. 16/496,826, for “system and method for preventing car accidents and collisions between vehicles and pedestrians.”The patented technology involves an accident prevention system that predicts collisions between vehicles and pedestrians. The system is comprised of a dedicated software application installed on a number of mobile devices carried by pedestrians or users riding in a vehicle. Each of the installed mobile devices detects its location and transmits it to a geographic server. The server sends the location of other mobile devices in the same geographic territory, effectively making e Show less Read more
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