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Foresight Begins Proof of Concept Project with a Leading Chinese Vehicle Manufacturer

Foresight Autonomous Holdings Ltd.

Foresight Autonomous Holdings Ltd. (Nasdaq and TASE: FRSX), an innovator in automotive vision systems, announced today the initiation of a proof of concept (POC) project with a leading Chinese passenger car manufacturer. The POC project is meant to evaluate the stereoscopic capabilities of Foresight’s QuadSight® vision system, using both visible-light and thermal infrared channels, to detect and classify obstacles on any road in harsh weather and lighting conditions. Following successful completion of the project and a satisfactory outcome, the vehicle manufacturer may consider future cooperation for possible integration into its semi- and fully autonomous vehicles. The project is expected to be completed during the fourth quarter of 2021. In addition, the Chinese vehicle manufacturer will evaluate Foresight’s ability to create a stereo system using two existing mono cameras with overlapping fields-of-view, made possible using Foresight’s automatic calibration solution. This configuration is designed to enhance the Chinese vehicle manufacturer’s existing safety sensor performance in terms of all obstacle detection quality, distance accuracy and robustness. Successful evaluation may lead to future co-development projects. “I believe that this POC project serves as a vote of confidence from the Chinese automotive market, as another leading vehicle manufacturer chooses to evaluate Foresight’s advanced 3D perception technologies. Following our recently signed MOU with Chery, we continue our strategy to expand our presence and become a dominant player in the Asian automotive market. Our proprietary vision technologies offer an accurate and reliable vision solution that may be integrated into semi- and fully autonomous vehicles to enhance existing safety systems,” said Haim Siboni, CEO of Foresight. Forward-Looking Statements This press release contains forward-looking statements within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995 and other Federal securities laws. Words such as "expects," "anticipates," "intends," "plans," "believes," "seeks," "estimates" and similar expressions or variations of such words are intended to identify forward-looking statements. For example, Foresight is using forward-looking statements in this press release when it discusses the potential for the Chinese vehicle manufacturer to consider future cooperation for possible integration into its semi- and fully autonomous vehicles, the expected timing of the completion of the project, and that it continues its strategy to expand its presence and become a dominant player in the Asian automotive market. Because such statements deal with future events and are based on Foresight’s current expectations, they are subject to various risks and uncertainties, and actual results, performance or achievements of Foresight could differ materially from those described in or implied by the statements in this press release. The forward-looking statements contained or implied in this press release are subject to other risks and uncertainties, including those discussed under the heading "Risk Factors" in Foresight's annual report on Form 20-F filed with the Securities and Exchange Commission ("SEC") on March 30, 2021, and in any subsequent filings with the SEC. Except as otherwise required by law, Foresight undertakes no obligation to publicly release any revisions to these forward-looking statements to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events. References and links to websites have been provided as a convenience, and the information contained on such websites is not incorporated by reference into this press release. Foresight is not responsible for the contents of third-party websites. About Foresight Foresight Autonomous Holdings Ltd. (Nasdaq and TASE: FRSX) is a technology company developing smart multi-spectral vision software solutions and cellular-based applications. 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” accident-prevention solutions. Foresight’s vision solutions include modules of automatic calibration, sensor fusion and dense 3D point cloud that can be applied to diverse markets such as automotive, defense, autonomous vehicles and heavy industrial equipment. Eye-Net Mobile’s cellular-based solution suite provides real-time pre-collision alerts to enhance road safety and situational awareness for all road users in the urban mobility environment by incorporating cutting-edge AI technology and advanced analytics. For more information about Foresight and its wholly owned subsidiary, Foresight Automotive, visit www.foresightauto.com, follow @ForesightAuto1 on Twitter, or join Foresight Automotive on LinkedIn. Contact Details Investor Relations Contact: Miri Segal-Scharia, CEO, MS-IR LLC +1 917-607-8654 msegal@ms-ir.com Company Website https://www.foresightauto.com/

August 25, 2021 08:20 AM Eastern Daylight Time

Ride the WAVE! North America’s Longest Autonomous Shuttle Deployment with Integrated Smart Safety Infrastructure to be piloted in Whitby, Ontario

SmartCone Technologies, Inc.

Transit passengers will soon have the opportunity to ride the WAVE – W hitby A utonomous Ve hicle E lectric – shuttle along the waterfront in Whitby, Ontario. The self-driving shuttle is anticipated to be on Whitby streets in the coming weeks for on-road testing, followed by public ridership later this year. The autonomous electric shuttle is emission-free and integrates cutting-edge smart infrastructure along the route to help create safer roads for pedestrians, cyclists, transit passengers and other road users. The pilot project is being undertaken in partnership between SmartCone Technologies, AutoGuardian By SmartCone, the Town of Whitby, Region of Durham, Durham Region Transit (DRT), Metrolinx, Nokia Canada and other partners, to learn about how new technologies can contribute to safer, more sustainable and connected transit and traffic operations. The six-kilometre shuttle route will begin and end at the Whitby GO Transit station, making a loop through the residential, recreational and industrial areas of the Port Whitby neighbourhood (in south Whitby). The pilot is the first time in Canada that an autonomous shuttle and smart infrastructure will be fully integrated into an existing transit service – as DRT Route 300 – providing the opportunity to assess the operational, financial and customer service benefits and implications of these technologies in community transit. The pilot will also help inform the physical and digital transportation infrastructure necessary to prepare for autonomous vehicles on public roads in Canada. With safety as the top priority, the shuttle will operate at a speed of no more than 20 kilometres per hour and have a trained safety attendant on board who can manually take control of the vehicle at any time, if required. The service will also be aided by more than 50 pieces of smart transportation infrastructure that dramatically increase road safety, including the elimination of blind spots experienced by vehicles, and use of real-time audio and visual alerts to other road users about the shuttle’s operation. The project is being supported by the Government of Ontario in funding through the Autonomous Vehicle Innovation Network (AVIN), led by the Ontario Centre of Innovation (OCI), as well as funding from project partners. The pilot will be delivered through the support and experience of local, national and international partners, including: Ontario Centre of Innovation – funding to Smartcone for smart infrastructure project SmartCone – project lead, provider of smart infrastructure technology AutoGuardian By SmartCone – operators of the intelligent infrastructure and autonomous shuttle Town of Whitby – host community for pilot Region of Durham – traffic and signal operations Durham Region Transit – transit service Nokia – private wireless network infrastructure provider Local Motors – shuttle manufacturer Metrolinx – provincial transportation agency Ontario Tech University – Automotive Centre of Excellence for autonomous vehicle maintenance Durham College – outreach and engagement support Transport Canada – regulator for importing the autonomous vehicle shuttle Ministry of Transportation – regulator for autonomous vehicle pilots in Ontario To learn more about the project and when you can ride the WAVE shuttle later this year, visit connectwhitby.ca/ridetheWAVE. QUICK FACTS Once public ridership begins later this year, shuttle passengers and operators will be required to follow all provincial and public health and safety measures in place at the time of launch to stop the spread of COVID-19, including the wearing of a mask or face covering. The onboard shuttle health and safety protocol will align with broader DRT COVID-response measures, including an enhanced cleaning and disinfecting process and onboard hand sanitizer stations. Once public ridership begins later this year, the shuttle service will be free during the trial and integrated into the existing DRT schedule as Route 300. Regular fares will apply when transferring to connecting DRT or GO Transit services. The shuttle will operate weekdays between 8:30 a.m. and 3:30 p.m. in off-peak times to minimize traffic impact, and on weekends between 7 a.m. and 7 p.m. DRT On Demand service will also continue to be available in the Port Whitby area throughout the pilot. The pilot will be the longest operation of its kind in Canada in terms of route length being six kilometres. QUOTES “SmartCone is honoured to lead this project with the support of AVIN and OCI. Working with these technology leaders will be ground-breaking and together we will show how an autonomous solution can come to market in a real-world and truly integrated environment safely and to the benefit of all.” Jason Lee, Founder and Chief Executive Officer, SmartCone "OCI, AVIN and the Government of Ontario were truly instrumental in getting AutoGuardian off the ground through their support in this project. Working with these stakeholders has added immeasurable value for AutoGuardian to ensure our AV Operations services are seamless and align to support regional transit needs." Tenille Houston, Chief Executive Officer, AutoGuardian By SmartCone “Transportation advancements, like autonomous vehicles, have the potential to transform the way people live, work and move across the province. The introduction of this innovative new autonomous shuttle pilot will help connect people in Whitby to GO services, creating a more connected, efficient transit system for the region.” The Honourable Caroline Mulroney, Minister of Transportation, Government of Ontario “This project puts Ontario at the forefront of leading-edge transit technology in Canada. Our government proudly supports this pilot that will enhance mobility and quality of life in Whitby and beyond. Ambitious projects like this foster growth and innovation and they make our economy more competitive while supporting our work to help businesses rebound from the impact of COVID-19.” Vic Fedeli, Ontario Minister of Economic Development, Job Creation and Trade, Government of Ontario “Finding innovative ways to improve and enhance transit services while ensuring that it is also safe, accessible and sustainable for Durham residents, is a priority. I’m excited that Whitby is the first in Canada to integrate this pilot project into existing transit service highlighting another example of how Whitby and the Region of Durham is a leader in innovation.” Lorne Coe, MPP for Whitby and Chief Government Whip, Government of Ontario “The Region of Durham is excited to partner with this forward-thinking group of innovators. The push towards environmentally sustainable transit options is beneficial for everyone in Durham. Durham Region has a long history of automotive advancement and leadership. This ground-breaking project demonstrates that Durham continues to be at the forefront of the development of new mobility solutions and technologies.” John Henry, Regional Chair and Chief Executive Officer, Region of Durham “This is an exciting project that shines a light on Whitby and Durham Region as leaders in innovation and technology, and environmentally sustainable solutions. We are proud to be part of a highly-experienced project team who bring together the right technology, knowledge and insights to undertake this project.” Don Mitchell, Mayor, Town of Whitby “We are proud to play our part in enabling the launch of the WAVE. Secure, reliable and high-bandwidth private wireless connectivity has an important role to play in the roll-out of autonomous vehicle systems, where safety and dependability are top priorities.” Shawn Sparling, VP Enterprise and Public Sector, Nokia Canada “We're excited to be a part of this pilot to integrate autonomous vehicles into our transit network, enhancing connections to GO Transit and local transit services. Metrolinx remains committed to working with our municipal partners to build on all of the work that has been done to date in finding new and innovative ways to move people throughout the region more efficiently and seamlessly.” Phil Verster, President and Chief Executive Officer, Metrolinx ABOUT AVIN AND THE OCI The Autonomous Vehicle Innovation Network (AVIN) is an initiative by Government of Ontario, led by the Ontario Centre of Innovation (OCI), designed to reinforce Ontario’s position as a North American leader in transportation technology and infrastructure systems. Through resources such as research and development (R&D) support, talent development, technology acceleration, business and technical supports, and demonstration grounds, AVIN provides a competitive advantage to Ontario-based automotive and mobility technology companies. SMARTCONE TECHNOLOGIES INC. SmartCone Technologies Inc. (SCTI) is an intelligent infrastructure eco system that enables use cases like Industrial Internet of Things (IIoT), AI on the edge, distributed processing on the edge, indoor/outdoor positioning, next-generation asset & freight tracking systems, and more. TheSmartCone™ solutions have been used most recently in Return to Work solutions during the COVID-19 pandemic, as well as securing dangerous work sites, managing vehicle fleets, smart warehouses, crowd control, and more. Visit us at thesmartcone.com AUTOGUARDIAN AutoGuardian provides intelligent mobility solutions to get people to their destination in a safer, smarter, and more eco-friendly way. With safer bike lanes, crosswalks, and autonomous shuttle routes to include first and last mile autonomous shuttle operations, we aim to increase mobility for all. Learn more at autoguardian.ca ABOUT REGION OF DURHAM Durham Region is—simply—more. Located on the eastern side of the Greater Toronto and Hamilton Area (GTHA), Durham is a region with momentum. Offering a competitive advantage like no other, Durham is a community where talented, smart and ambitious people—known for their innovation, creativity, skills and education—bring access to world markets, insights, invention and traditions. A place where an innovative ecosystem helps propel new ideas forward. Where ingenuity and industry help tackle global challenges. Visit durham.ca to learn more about one of Canada’s fastest growing communities. ABOUT THE TOWN OF WHITBY The Town of Whitby is a lakefront community that is home to more than 130,000 residents and over 2,000 businesses. Whitby is the second largest municipality in the Regional Municipality of Durham and located in the heart of the region. The Town is committed to building a pedestrian-focused, cycling-oriented and age-friendly community, the revitalization of its two historic downtowns and maximizing its wonderful green spaces. The Town is committed to grow as a smart, urban community where talent and businesses can flourish. ABOUT DURHAM REGION TRANSIT Durham Region Transit (DRT) is one of Ontario’s largest regional transit systems, serving eight unique area municipalities; offering seamless connections to destinations across the Region and the Greater Toronto and Hamilton Area. DRT operates an innovative suite of services, including scheduled, On Demand and Specialized. Visit DurhamRegionTransit.com for more information. ABOUT METROLINX Metrolinx, an agency of the Government of Ontario, is responsible for implementing an integrated transportation network that connects communities across the region. While operating GO Transit, UP Express and PRESTO, Metrolinx’s mission is to get people where they need to go better, faster and easier. ABOUT NOKIA At Nokia, we create technology that helps the world act together. As a trusted partner for critical networks, we are committed to innovation and technology leadership across mobile, fixed and cloud networks. We create value with intellectual property and long-term research, led by the award-winning Nokia Bell Labs. Adhering to the highest standards of integrity and security, we help build the capabilities needed for a more productive, sustainable and inclusive world. ABOUT DURHAM COLLEGE Durham College (DC) is leading the way in innovative and transformative education. Expert faculty and a focus on experiential learning through field placements, applied research, co-ops and other hands-on opportunities, provide over 11,000 full-time students access to leading-edge resources and state-of-the-art facilities. DC’s five applied research centres, including the AI Hub, Centre for Cybersecurity and Social Impact Hub, solve industry and social challenges through innovative and collaborative partnerships. With more than 140 programs offered at its Oshawa and Whitby campuses, including four honours bachelor degrees and nine apprenticeship programs, DC proudly enables students to develop career-ready skills for the ever-changing job market. ABOUT ONTARIO TECH UNIVERSITY A modern, forwarding-thinking university, Ontario Tech advances the discovery and application of knowledge to accelerate economic growth, regional development and social innovation. We inspire and equip our students and our graduates to make a positive impact in a tech-focused world. For us, it’s not only about developing the next tech breakthrough. Understanding and integrating the social and ethical implications of technology differentiates us as university. Learn more at ontariotechu.ca. Contact Details Erin Mikaluk, Manager of Communications and Creative Services, Town of Whitby +1 289-314-6913 mikaluke@whitby.ca Company Website https://www.thesmartcone.com

August 24, 2021 10:55 AM Eastern Daylight Time

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Vingroup's leader shares information about their battery strategy for VinFast's electric vehicles

Vingroup

Battery for electric vehicles (EVs) that can charge to 80% in five minutes, 100% solid-state battery without risk of fire with capacity three times higher than current lithium batteries. Technologies of the future are about to be featured on VinFast’s EV models. These were shared by Vingroup’s Vice Chairwoman Thuy Le as she talked about the car maker’s big plan for electrification. HANOI, VIETNAM - Media OutReach - 24 August 2021 - Aiming to get ahead and gain a competitive advantage in the global EV market, VinFast has been proactively seeking for and partnering with top prestigious firms in battery making - a key to the future of electric cars. Vingroup's Vice Chairwoman Thuy Le revealed that VinFast is teaming up with a number of leading companies in battery research and manufacture from the US, Israel, Taiwan, etc. to ensure that VinFast's EV models will be equipped with cutting-edge batteries. Specifically, VinFast is collaborating with Israeli StoreDot, a company well-known for its extreme fast charging technology that allow battery to charge to 80% of capacity in only 4-5 minutes. This used to be seen as impossible but StoreDot's technology has been proven to work effectively on cellphones, drones and e-scooters. Instead of graphite, StoreDot uses nanoparticles in their batteries, which allows much faster charging speed compared with current technology. Therefore, StoreDot is said to be a pioneer in the world's new energy sector. This means that VinFast may become one of the few electric car firms with the most advanced battery technology that has never been acquired by any famous electric car company in the world, not even Tesla. Notably, Vice Chairwoman Thuy Le also mentioned the strategic partnership between VinFast and Taiwanese ProLogium (PLG) - a leader in research and production of 100% solid-state batteries. ProLogium has been a pioneer in commercialising this technology since 2013 and became the world's first company that possessed a 100% solid-state battery experimentation facility for cars in 2017. With advantages of extremely rare possibilities for fire or explosion, wide range of operating temperatures and three times higher energy density compared with lithium-ion battery, the 100% solid-state battery is considered the technology of the future, a catalyst for the EV revolution. Therefore, this collaboration will give VinFast considerable advantages in the race for global EV market share. Another remarkable name is Gotion High-Tech - a major company in battery development and manufacture in China and across the world. It is well-known for LFP battery technology. Gotion has just signed an MoU with VinFast. The LFP battery can be produced at a low cost and is suitable for mid-range electric cars and has potential to universalise green transportation in the world. Vingroup also disclosed that it is carrying out R&D activities on its own in addition to seeking external resources. Research institutes with world's leading experts under Vingroup's business ecosystem together with its new subsidiary – VinES Energy Solutions JSC – play an essential role in this task. These three pillars will help VinFast achieve both self-sufficiency in EV battery supply as well as the highest quality of batteries in use. As regards production, Vingroup's Vice Chairwoman said VinFast has plans to establish battery production facilities in Europe and the US, as well as their factory in Vietnam. This will be an important part of VinFast's journey to become a global smart electric vehicle company and efforts to accelerate the trend of green transportation in the world. #VinFast #Vingroup Contact Details Vingroup v.nammh@vingroup.net

August 24, 2021 09:00 AM Eastern Daylight Time

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Grand Opening Koons Kia Owings Mills

Jim Koons Automotive Group

The Jim Koons Automotive Group welcomed its newest location, Koons Kia Owings Mills to the family of 20 dealerships located in the Mid-Atlantic. The ribbon cutting event was held June 1, 2021, when they officially opened the doors for sales and service. The newly renovated 50,000 square foot state-of-the art facility includes a six-vehicle showroom, convenient drive in service lanes, and 22 service bays. Mr. Jim Koons announced the grand opening remarking, “Kia is one of the most exciting automotive brands right now, and continues to produce high-quality and fun vehicles. We are thrilled to re-open our Kia dealership in Owings Mills, and continue to serve the Baltimore County communities. We can't wait for you to experience this one-of-a-kind facility, and the amazing Kia vehicles.” Location: Koons Kia Owings Mills 9610 Reisterstown Road Owings Mills, MD 21117 410-363-3333 www.koonskiaowingsmills.com About Jim Koons Automotive Group: Founded in 1964, Koons is one of the area's largest retail automotive dealers. Koons has sold and serviced three million vehicles and employs more than 2500 people in 20 locations throughout the Washington DC, Baltimore, and Philadelphia region. For more information about Koons, visit Koons.com Economic Impact: Koons has brought a huge economic benefit to the Owings Mills area and Baltimore County, Maryland by increasing the number of high-paying skilled jobs in the community. Further, Koons will increase the amount of retail sales and provide additional spending in the community it serves. Community Involvement: Koons supports the communities in which it does business including Calvary Women's Shelter, Tragedy Assistance Programs for Survivors (TAPS), Homes For Our Troops, Youth leadership Foundations, and local fire and rescue departments. See Koons Cares for more details. For Press inquiries and further information contact: Jake Barron, Director of Marketing - Jake.Barron@Koons.com SOURCE Koons Owings Mills https://www.koonskiaowingsmills.com/ RELATED LINKS https://www.koons.com/ Contact Details Jake Barron Director of Marketing Jake.Barron@Koons.com

August 23, 2021 09:00 AM Eastern Daylight Time

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VinFast partners with Gotion High-Tech in LFP battery cell R&D

Vingroup

VinFast LLC and Gotion High-Tech Co., Ltd (China) - a reputable name in the global clean energy sector - signed an MoU, focusing on the procurement of Gotion LFP batteries and discussion of the possibility to establish a Giga Factory - the first-ever LFP battery cell production facility in Vietnam. HANOI, VIETNAM - Media OutReach - 23 August 2021 - According to their agreement, VinFast and Gotion High-Tech will jointly carry out the R&D and production of lithium iron phosphate (LFP) batteries. LFP battery is currently the most mainstream battery technology in the global new energy vehicle market, with unique advantages of high safety and long life. It is worth noting that LFP batteries can be produced without using expensive and rare materials such as cobalt and manganese that are harmful to workers and the environment. In addition, the price of LFP batteries is competitive, which reduces the production cost of electric vehicles, especially small and medium-sized vehicles. Gotion High-Tech is a leading manufacturer of LFP batteries for electric vehicles, energy storage systems, and other applications in China and across the world. The company has also had many years of experience in battery research & development and boasts thousands of patents and licensed technological applications. So far, Gotion High-Tech has founded 8 R&D centers in China, the US, Japan, Singapore, Germany and India. Chairman of Gotion High-Tech Mr. Zhen Li shared: "Gotion High-Tech will definitely use its cutting-edge technology and rich experience in battery manufacturing to fully support VinFast's electrification strategy. VinFast electric models equipped with Gotion batteries must also be popular among consumers. Let us work together to advance the development of the new energy industry and accelerate the realization of the goal of "carbon neutrality" between China and Vietnam and the world." For VinFast, exploring the local production of LFP batteries in Vietnam is part of the car maker's efforts to establish a clean energy ecosystem and localize parts supply. "The collaboration with such a prestigious battery manufacturer in the world as Gotion is among VinFast's essential action plans for developing its smart electric cars and complete supply chains. Our ultimate objective is to establish a clean energy ecosystem, contributing to cutting carbon emissions in Vietnam as well as in VinFast's global markets." – said Thai Thanh Hai, Vice Chairwoman of Vingroup. To reinforce its electrification strategy, VinFast has been fostering collaborations with a number of prestigious partners around the world, including those from Israel, Taiwan, the US, etc., These ties are aimed at boosting R&D and application of the most advanced battery technologies, such as solid-state battery, extreme fast charging, new materials, new battery designs, etc. These technologies are expected to allow new batteries with high energy density, longer ranges for EVs, superior safety, longer lifespan, cost optimization and eco-friendliness. In addition, Vingroup has recently established VinES Energy Solutions JSC focusing on research and manufacture of batteries for electric vehicles. VinFast also has plans to build production facilities for battery and charging equipment in the US and Europe, as part of its global expansion strategy. By taking drastic actions, VinFast is gradually realizing the goal of becoming a leading global electric vehicle company and affirms its strong commitments to speeding up the trend of green transportation around the world. About Vingroup and VinFast As the largest private conglomerate in Vietnam and one of the largest in Asia, Vingroup is currently doing business in three core sectors namely technology, industry and services. In all sectors it has participated in, Vingroup is always a pioneer that leads market trends and creates world-class products and services of Vietnam. Find out more at: https://www.vingroup.net/en. VinFast - a member of Vingroup - is Vietnam's leading manufacturer of premium automobiles and the first Vietnamese automotive brand to launch in global markets. Established in 2017, VinFast's state-of-the-art, 90% automated manufacturing complex in northern Vietnam is one of the largest in Southeast Asia. Designed to be one of the world's leading smart electric mobility companies, VinFast currently produces several models of electric scooters and buses in Vietnam, and will launch three new electric SUVs - VF e34, VF e35 and VF e36 respectively of C, D and E classes - in Vietnam, North America and Europe in 2021 and 2022. About Gotion High-Tech Gotion is a technology-driven international company which focuses on power battery development and production. Gotion was founded in 2006 and went public in May 2015 as China's first power battery company to enter the capital market. Gotion specializes in batteries for new energy vehicles, energy storage application, power transmission and distribution equipment, and other new energy business, and now has 10 production bases in China. In addition, Gotion has built 8 R&D centers in Hefei / China, Shanghai, Silicon Valley, Cleveland, Tsukuba / Japan, Singapore, Germany, and India. Gotion has more than 2,000 professional R&D engineers and scientists and has been granted 2,797 patents in different fields. #Vingroup #VinFast #Gotion Contact Details Vingroup v.nammh@vingroup.net

August 22, 2021 09:30 PM Eastern Daylight Time

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Foresight Announces Second Quarter 2021 Financial Results

Foresight Autonomous Holdings Ltd.

Foresight Autonomous Holdings Ltd., an innovator in automotive vision systems (Nasdaq and TASE: FRSX), today reported financial results for the second quarter of 2021. Foresight ended the second quarter of 2021 with $52.3 million in cash, cash equivalent and short-term deposits. The Company reported U.S. generally accepted accounting principles (GAAP) net loss of $3.2 million and non-GAAP net loss of $2.7 million for the second quarter of 2021, compared to GAAP net loss of $4.4 million and non-GAAP net loss of $3.2 million for the first quarter of 2021, reflecting a decrease of $1.2 million and $0.5 million, respectively, resulting primarily from financial income accrued during the second quarter of 2021. “Foresight continues to achieve remarkable progress as it expands into new markets and geographic areas,” said Haim Siboni, Foresight’s Chief Executive Officer. “We believe that our prototype sale to a leading agriculture and construction machinery manufacturer demonstrates the potential of our QuadSight ® vision system in the agricultural equipment market, while our coming proof of concept with the American subsidiary of a leading European passenger car manufacturer shows the continued appeal of our technology to the automotive industry.” “The second quarter also saw important milestones for our wholly-owned subsidiary, Eye-Net Mobile, as well as our affiliate, Rail Vision Ltd. (“Rail Vision”). Eye-Net Mobile pilot projects expansion in Japan and Europe, and the announcements that Rail Vision has filed a draft prospectus for an initial public offering on the Tel Aviv Stock Exchange, reflect the ambitious goals and long-term growth anticipated by both companies.” Second Quarter 2021 Financial Results Research and development (R&D) expenses, net for the three months ended June 30, 2021 were $2,436,000, compared to $1,876,000 in the three months ended June 30, 2020. The increase is attributed mainly to an increase in payroll and related expenses and an increase in subcontracted services. General and administrative (G&A) expenses for the three months ended June 30, 2021 were $812,000, compared to $634,000 in the three months ended June 30, 2020. The increase is attributed primarily to an increase in share-based compensation expenses to employees and service providers. GAAP net loss for the three months ended June 30, 2021 was $3,163,000, or $0.01 per ordinary share, compared to a GAAP net loss of $3,331,000, or $0.02 per ordinary share, in the three months ended June 30, 2020. The decrease in the net loss is attributed mainly to the increase in financing income, net, offset mainly by an increase in payroll and related expenses. Non-GAAP net loss for the three months ended June 30, 2021 was $2,661,000, or $0.01 per ordinary share, compared to a non-GAAP net loss of $3,136,000, or $0.02 per ordinary share, in the same quarter last year. A reconciliation between GAAP net loss and non-GAAP net loss is provided in the financial statements that are part of this release. Balance Sheet Highlights Cash and cash equivalents and short-term deposits totaled $52.3 million as of June 30, 2021, compared to $43.9 million as of December 31, 2020. GAAP shareholders’ equity totaled $55.3 million as of June 30, 2021, compared to $47 million as of December 31, 2020. The increase is attributed to the receipt of proceeds from the securities offerings completed during the first quarter of 2021 and option exercises, offset by the net loss for the same period. Second Quarter Corporate Highlights: Foresight Chosen for Joint POC Project by a Leading European Auto Manufacturer: Foresight was chosen by the American subsidiary of a leading European passenger car manufacturer to provide a proof-of-concept (POC) to test Foresight’s stereoscopic technology. Following successful completion of the project, the European passenger car manufacturer may consider integrating Foresight’s solutions into its vehicle safety applications. Foresight Receives Prototype Order of QuadSight Vision System from Leading Agricultural Equipment Manufacturer: In June, Foresight announced the sale of a prototype of its QuadSight four-camera vision system to a leading global manufacturer of agricultural and construction equipment. The manufacturer will evaluate the QuadSight system for use in agricultural machinery, marking the Company’s first sale to the agricultural equipment market. Foresight’s advanced thermal stereoscopic capabilities are designed to offer added value to precision agriculture and automated navigation. Rail Vision Files Draft Prospectus for Initial Public Offering: In May, Rail Vision, an affiliate of Foresight, filed a public draft prospectus for an initial public offering and registration for trade of its securities on the Tel Aviv Stock Exchange. Rail Vision intends to simultaneously test the prevailing conditions on the Israeli capital markets towards a potential public offering. The filing of a final prospectus is subject to a permit from the Israeli Securities Authority and the approval of the Tel Aviv Stock Exchange. Eye-Net Mobile to Pursue Potential Nasdaq Listing: Foresight’s wholly owned subsidiary, Eye-Net Mobile Ltd. (“Eye-Net Mobile”), announced in May that it intends to pursue a potential listing on the Nasdaq Stock Market. The strategic decision was made following a resolution of the board of directors of both Foresight and Eye-Net Mobile. Eye-Net Partners with WebSIA for Exclusive Distribution in Brazil: In April, Foresight announced that its wholly owned subsidiary, Eye-Net Mobile, signed a distribution agreement with WebSIA Soluções Disruptivas, Inteligências Associadas, Tecnologia e Serviços Ltda. (“WebSIA”), a Brazilian distributor, developer and integrator focused on cutting-edge technologies. WebSIA will exclusively promote the Eye-Net Protect accident prevention solution and serve as Eye-Net’s distributor in the city of Sao Paulo, Brazil’s most densely populated and technologically advanced region. Rail Vision Signs Agreement to Supply Prototype to Rio Tinto Railway Network: In May, Foresight’s affiliate Rail Vision announced an agreement to supply equipment, services and personnel to the Australian rail company Rio Tinto Railway Network. According to the agreement, Hitachi Rail STS, the project integrator, will supply Rio Tinto with a prototype of Rail Vision’s Collision Avoidance System to conduct demonstration and feasibility testing for a proof-of-concept project. Successful demonstrations may lead to Rail Vision outfitting Rio Tinto’s entire fleet of approximately 220 vehicles with its systems. Use of Non-GAAP Financial Results In addition to disclosing financial results calculated in accordance with United States generally accepted accounting principles (GAAP), the company's earnings release contains non-GAAP financial measures of net loss for the period that exclude the effect of stock-based compensation expenses. The company’s management believes the non-GAAP financial information provided in this release is useful to investors’ understanding and assessment of the company's ongoing operations. Management also uses both GAAP and non-GAAP information in evaluating and operating business internally and as such deemed it important to provide all this information to investors. The non-GAAP financial measures disclosed by the company should not be considered in isolation or as a substitute for, or superior to, financial measures calculated in accordance with GAAP, and the financial results calculated in accordance with GAAP and reconciliations to those financial statements should be carefully evaluated. Reconciliations between GAAP measures and non-GAAP measures are provided later in this press release. 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 sensor 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 Foresight and its wholly owned subsidiary, Foresight Automotive, visit www.foresightauto.com, follow @ForesightAuto1 on Twitter, or join Foresight Automotive on LinkedIn. Forward-Looking Statements This press release contains forward-looking statements within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995 and other Federal securities laws. Words such as “expects,” “anticipates,” “intends,” “plans,” “believes,” “seeks,” "estimates" and similar expressions or variations of such words are intended to identify forward-looking statements. For example, Foresight is using forward-looking statements in this press release when it discusses the potential of the Company’s QuadSight ® vision system in the agricultural equipment market and the continued appeal of Foresight’s technology to the automotive industry, long-term growth anticipated by both Rail Vision and Eye-Net Mobile, that following the successful completion of the POC project, the European passenger car manufacturer may consider integrating Foresight’s solutions into its vehicle safety applications, that Rail Vision intends to test the prevailing conditions on the Israeli capital markets towards a potential public offering, that Eye-Net Mobile intends to pursue a potential listing on the Nasdaq Stock Market, that WebSIA will exclusively promote the Eye-Net Protect accident prevention solution and serve as Eye-Net’s distributor in the city of Sao Paulo, and that successful demonstrations of Rail Vision’s Collision Avoidance System may lead to Rail Vision outfitting Rio Tinto’s entire fleet. Because such statements deal with future events and are based on Foresight’s current expectations, they are subject to various risks and uncertainties and actual results, performance or achievements of Foresight could differ materially from those described in or implied by the statements in this press release. The forward-looking statements contained or implied in this press release are subject to other risks and uncertainties, including those discussed under the heading “Risk Factors” in Foresight’s annual report on Form 20-F filed with the Securities and Exchange Commission (“SEC”) on March 30, 2021, and in any subsequent filings with the SEC. Except as otherwise required by law, Foresight undertakes no obligation to publicly release any revisions to these forward-looking statements to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events. References and links to websites have been provided as a convenience, and the information contained on such websites is not incorporated by reference into this press release. Investor Relations Contact: Miri Segal-Scharia CEO MS-IR LLC msegal@ms-ir.com 917-607-8654 FORESIGHT AUTONOMOUS HOLDINGS LTD. INTERIM CONDENSED CONSOLIDATED BALANCE SHEETS U.S. dollars in thousands FORESIGHT AUTONOMOUS HOLDINGS LTD. INTERIM CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE LOSS U.S. dollars in thousands FORESIGHT AUTONOMOUS HOLDINGS LTD. INTERIM CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOW U.S. dollars in thousands FORESIGHT AUTONOMOUS HOLDINGS LTD. INTERIM CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOW U.S. dollars in thousands FORESIGHT AUTONOMOUS HOLDINGS LTD. SUPPLEMENTAL RECONCILIATION OF GAAP TO NON-GAAP RESULTS U.S. dollars in thousands Contact Details Investor Relations Contact Miri Segal-Scharia, CEO, MS-IR LLC +1 917-607-8654 msegal@ms-ir.com Company Website https://www.foresightauto.com/

August 20, 2021 04:05 PM Eastern Daylight Time

Cloud Conventions Introduces SafetyNet to Create a Virtual Backup Plan for Live Events

Convey Services

Cloud Conventions today introduced SafetyNet ™, a new program to provide a virtual event backup options for associations, tradeshows, event managers or trade groups that have a live event scheduled now or in the near future. SafetyNet provides a standby virtual event platform that can be activated if needed when attendance for a live event declines or if there is a requirement to pivot to an all-virtual program. A SafetyNet platform can be brought online in a matter of days without technical support or programming. Cloud Conventions is a sophisticated event management platform that redefines the attendee and exhibitor experience with a strong focus on delivering virtual and hybrid events, regardless of size or budget. “It seems like a repeat of 2020 as event managers, associations and other trade groups are struggling to decide if they should cancel their live event, shift to virtual or hybrid, or take other precautions to make attendees and exhibitors feel safe,” said Carolyn Bradfield, CEO of Cloud Conventions. “Any group hosting live events today needs a virtual backup plan that can be activated to ensure attendees and sponsors can participate in industry sessions, continuing education and still make connections that they would miss when they can’t attend in person.” SafetyNet maintains a low-cost Cloud Conventions virtual platform on standby behind a private login until required. It is hosted on a custom URL, is fully branded, customized and organized to host live or on-demand sessions, exhibitor and sponsor booths or provide a resource center for all event-related content. Attendees can be imported from a live event registration system and have their record transferred to SafetyNet including demographics and event access permissions. Sponsors are assigned a virtual booth template and configured to go live without technical assistance, in a matter of hours. “Now that live events have partially returned, many groups ask themselves if virtual events are worth it, so they only focus on their in-person event, often to their detriment,” added Bradfield. “A 2020 study of 1,000 respondents, ‘ Association Trends: From Disruption to Opportunity’ produced by Community Brands, details that having a virtual option for membership participation has changed from a nice-to-have to a must have. Some live events scheduled for the fall of 2021 are being abruptly cancelled due to on-going COVID risks. This is clearly an indicator that the pandemic is far from over. A SafetyNet option is the best insurance that the show will go on, no matter what.” SafetyNet is offered for a low, setup fee to create a fully branded and configured virtual environment. If the organizer chooses to go live with a hybrid or all-virtual event, the setup fee applies to the event package. Show managers can choose as much or as little assistance from Cloud Conventions to bring their event online quickly with all the features needed to educate and engage attendees. Having a virtual option guarantees a rewarding experience for attendees, better ROI for sponsors and ensures smoother event operation for organizers. Explore SafetyNet at: https://cloudconventions.com/page/139455/safetynet. About Cloud Conventions Cloud Conventions from Convey Services is Cloud Conventions is an enterprise virtual/hybrid event management platform that redefines the exhibitor and attendee experience to allow companies to provide easy access to in-depth product information, showcase their brands with graphics and videos, create calls to action and generate immediate sales leads. Used around the world for large managed events and smaller self-directed meetings, conferences and corporate kickoffs, Cloud Conventions automates exhibitors and virtual booths, continuing education, speaker sessions and reminders, invitations and email communication, while at the same time producing detailed analytics on attendee, session and exhibitor activity. Cloud Conventions supports multiple languages and currencies, internal, external and single-sign on registration, and supports all conferencing carriers and platforms. Trade Associations and event managers can explore all of the Cloud Conventions solutions by visiting https://cloudconventions.com or contacting info@cloudconventions.com or call 888-975-1382. Cloud Conventions™, Community™, SafetyNet™, Cloud Kickoffs™, Conduct™, One-Touch Email Share™, Hub & Spoke™, 360° Virtual Exhibit Hall & Lobby Experience™ and ListLock™ are trademarks of Convey Services LLC Contact Details Bruce Ahern +1 770-580-0810 bahern@conveyservices.com Company Website https://cloudconventions.com

August 19, 2021 10:29 AM Eastern Daylight Time

30 Year Custom Van Builder Announces New Line Of 4x4 Adventure Vans

Field Van

Field Van, a premier choice for customized Van Campers, Class B Motorhomes, and other recreational all-terrain vehicles, has announced the release of a new line of 4x4 adventure vans, as well as the exclusive Field Van “Classic” based on the Econoline cutaway chassis. Field Van offers five series to choose from, with several tried and true floor plan options that integrate onto different chassis to meet individuals’ specific driving and off-roading preferences. Select models also provide more headspace through integrated pop-tops that drop flush with the roof for a streamlined look when not in use. Individuals can further personalize their vehicles with specialized exterior upgrades, cabinets, countertops and appliances that can withstand rugged conditions. “We are so excited to announce a new line of vans that incorporate over three decades of industry experience and customer feedback,” said Jonny Feld, President and CEO of Field Van Inc. “It is incredibly humbling to know the Feld family name has built a strong legacy already and will live on through Field Van. In fact, we’ve already generated so much interest that we have a waitlist of over 15 months! I view that as the perfect testament to our teams’ hard work and craftsmanship.” The Field Van team are trusted leaders in the custom van industry with over 30 years of experience and thousands of satisfied customers. This release follows the recent launch of the new Field Van brand, a name that plays off the founders’ last name, Feld. The rebrand has enabled Field Van to fulfill a meaningful new vision influenced by the belief that customers should have the freedom to create their adventures from start to finish. Field Van also recently announced a new 10,000 square foot facility in Reno, Nevada, that has increased its output and expanded operations to now include over 80 employees. Customers can expect the same service, quality, and dedication to craftsmanship that has been offered over the last few decades while incorporating fresh designs and constant innovation. Feld notes, “When people buy a Field Van, they become part of the family. Our team is passionate about the craftsmanship of building reliable, customized vans. We place our commitment to you, our customers, as our highest priority. On behalf of all of us at Field Van, thank you for your support. We look forward to helping thousands of people to get on the road and assisting in the process to “Create Your Adventure.” About Field Van: Founded in 2020 by the Feld family who has been building vans since 1990, Field Van has grown into a formidable retailer of custom-built Van Campers, Class B Motorhomes, and recreational all-terrain vehicles that enable outdoor enthusiasts to create their own adventures. The Field Van expertise and customer service are only rivaled by their dedication to push limits and create new experiences through innovation. To learn more, visit us at fieldvan.com, follow our latest adventures on Instagram, Twitter and Facebook, or connect with us on LinkedIn. Contact Details Marilyn Cowley marilyn@premprsocial.com Marissa Tatro marissa@premprsocial.com Company Website https://fieldvan.com/

August 18, 2021 01:30 PM Pacific Daylight Time

GET Group North America Teaming with Scytáles to Demonstrate Global Mobile Driver’s License Interoperability at AAMVA’s AIC 2021

GET Group North America

GET Group North America, an innovative developer of mobile ID technology with over 20 years of experience in secure government credentials, will be demonstrating GET Mobile ID and GET Mobile Verify alongside its international technology partner, Scytáles, at AAMVA’s 2021 International Conference. Together, the companies will be demonstrating how a mobile driver’s license (mDL) solution that is fully compliant with the ISO 18013-5 standard allows people to use their Mobile ID worldwide through secure, contactless interactions that also safeguard their privacy. Select attendees will be able to get their personalized mDL and travel between GET’s booth, representing America, and Scytáles’ booth, representing Sweden. These mDL holders will complete mock TSA, banking and age-based purchase transactions and collect giveaway items. “The successful adoption of large-scale mobile driver’s license adoption hinges not only on the ability for an mDL issued in one’s home state to be accepted across the USA, but also to be recognized internationally as a legal form of ID,” said David Kelts, director of product development, mobile ID, GET Group North America. “Creating a truly global mDL ecosystem requires technology that fully complies with the ISO standard for mobile ID, and that’s the full solution GET and Scytáles offer now and will be demonstrating.” “Many jurisdictions around the world are moving towards a mobile driver’s license offering and should make sure they’re choosing technology that adheres to internationally-recognized security and interoperability standards,” said Geoff Slagle, president & chief business development officer at Scytáles. “North Americans travel extensively. Investing time and resources in the transition to mDL could slow if jurisdictions don’t ensure their digital credentials comply with the larger ecosystem – and we’re very excited to demonstrate how that’s possible at AIC 2021.” The Utah Driver License Division (DLD) is currently conducting an mDL pilot using GET Group North America’s technology, making it the first in the country where both ID Issuer and businesses are fully ISO 18013-5-compliant. Utah Community Credit Union and Harmons Grocery have been among the first to pioneer implementation of verification technology that allows state-issued mDLs to be accepted without the subjectivity of visual inspection. mDL also facilitates totally contactless ID checks that put the citizen in control of the data they share based on the nature of the transaction. GET Group North America will be in booths 512 & 513 at the AAMVA Annual International Conference taking place August 31-September 2, 2021, in Denver, CO. Scytáles will be in neighboring booths 510 and 511. Representatives from the Utah Driver License Division will be able to share their experience piloting mDL technology. Scytáles will have a delegation from Europe to discuss the significance of global interoperability. Schedule a demo at the show here; or for media inquiries contact rita.murphy@svmpr.com. About GET Group North America GET Group North America and its partners develop, manufacture, and implement end-to-end solutions for secure physical and mobile credentials that enable government agencies, motor vehicle departments, municipalities law enforcement organizations, and other entities to leverage the latest in secure identity management technologies. From photo ID cards, driver’s licenses and passports, to mDLs and mIDs, GET Group NA delivers advanced issuance, verification and personalization capabilities that prevent identification fraud, accommodate diversified customer needs, and support the future of ID use cases. Contact Details SVM Public Relations Rita Murphy +1 401-490-9700 Rita.murphy@svmpr.com Company Website https://getgroupna.com/

August 18, 2021 11:00 AM Eastern Daylight Time