TEL-AVIV, Israel, July 22,
2024 /PRNewswire/ -- Cipia (TASE: CPIA), today
announced that it has received an order for 40,000 licenses of its
driver monitoring software, which will be integrated into an
aftermarket fleet camera system to serve one of the world's largest
express delivery companies.
Yehuda Holtzman, CEO of Cipia,
said, "We are thrilled to see Cipia's advanced driver monitoring
technology chosen to support one of the largest express delivery
companies in the world. Our commitment to advancing road safety in
the vehicle fleet industry is unwavering, and we are excited to
bring our innovative solutions to the aftermarket industry".
The volume of deliveries in the U.S. is surging, with over 21
billion packages shipped annually. However, this increase in road
hours has led to a rise in accidents. In 2022 alone, 5,837 large
trucks were involved in fatal crashes, marking a 49% increase over
the past decade. Many of these accidents could be prevented with a
Driver Monitoring System (DMS) that alerts drivers when they are
distracted or drowsy.
This order signifies a major advancement in Cipia's expansion
into the US and global fleet aftermarket industry, showcasing the
growing demand for robust AI based driver monitoring technology.
The integration of Cipia's driver monitoring system will
significantly enhance the safety and operational efficiency of this
leading fleet and beyond.
About Cipia:
Cipia is a leading provider of intelligent sensing solutions
that use edge-based computer vision and AI for safer and better
mobility experiences. The company's product lineup includes Driver
Sense (driver monitoring system), Cabin Sense (driver and occupancy
monitoring system) and Cipia-FS10, a video telematics and driver
monitoring solution for telematics service providers and
fleets.
Over a decade of research and development stand behind the
company's proprietary market-leading computer vision technology,
which has been selected by OEMs globally and serves vehicles on the
roads today.
To date, Cipia holds 67 design wins across 11 car manufacturers
in the US, Europe and China.
For more information on Cipia's aftermarket solution, visit:
https://fs10.cipia.com/
Cipia Company Contact:
Liat Rostock
info@cipia.com
Lazer Cohen
lazer@concrete.media
347-753-8256
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SOURCE Cipia