Cipia-FS10, Cipia’s proven driver fatigue and distraction detection (DMS) now incorporates Advanced Driver Assistance Systems (ADAS) to deliver enhanced fleet safety and operational efficiency

TEL-AVIV, Israel, Jan. 10, 2025 /PRNewswire/ — Cipia (TASE: CPIA), a global leader in AI-powered driver fatigue and distraction detection solutions (DMS), has introduced new Advanced Driver Assistance System (ADAS) capabilities to Cipia-FS10, its safety-focused video telematics solution for fleets. This enhancement builds on Cipia-FS10’s proven driver distraction and fatigue detection technology, creating a comprehensive solution that delivers unparalleled insights into driver behavior and on-road hazards.

With this new offering, Cipia-FS10 expands its proven DMS capabilities to include Advanced Driver Assistance System (ADAS) features powered by a road-facing camera. These include forward collision warning, lane departure warning, and tailgating detection, providing fleets with a 360° safety solution. By seamlessly monitoring both the driver and the road, Cipia-FS10 delivers real-time, actionable insights to mitigate risks, prevent accidents, and improve driver performance. This comprehensive approach not only enhances safety but also helps fleets reduce operational costs associated with accidents, vehicle downtime, and insurance premiums.

Cipia-FS10 builds on Cipia’s legacy of automotive-grade AI technology, trusted by 11 leading automakers across the United States, Europe, and China. Unlike traditional aftermarket solutions, Cipia-FS10 combines cutting-edge DMS capabilities, such as – driver fatigue and distraction detection, phone use, smoking, seatbelt violations and driver recognition – with ADAS features powered by a road-facing camera. This dual-camera system delivers a comprehensive safety view, uncovering the root causes of accidents and enabling fleets to implement proactive measures to reduce risks.

“The synergy between Driver and Road Monitoring Systems is key for fleet safety,” said Dudy Markus, VP of Aftermarket LOB at Cipia. “By combining AI-powered interior and exterior sensing, we are delivering a solution that not only protects drivers in real time, but also equips fleet managers with the tools to achieve long-term safety improvements.”

Fleet safety has never been more critical. According to the National Highway Traffic Safety Administration (NHTSA), distracted driving claims 3,500 lives annually in the U.S., while the Federal Motor Carrier Safety Administration (FMCSA) attributes 71% of tractor-trailer accidents to driver distraction. Furthermore, FMCSA research reveals that 87% of large truck crashes stem from human error, highlighting the urgent need for innovative safety solutions.

Beyond the devastating human toll, fleet accidents impose substantial financial burdens on employers, including costs for vehicle repairs, medical treatments, liability claims, and lost productivity. These sobering realities underscore the urgent need for advanced safety systems like Cipia-FS10, which empowers fleets with real-time monitoring and alerts to proactively reduce risks and promote safer driving behaviors.

Cipia-FS10 tackles this challenge by delivering real-time alerts to drivers, such as fatigue detection and collision warnings, while equipping fleet managers with detailed analytics to reduce incidents and improve driver training programs. By addressing both the driver’s condition and road dynamics, Cipia-FS10 targets human error – the leading cause of road accidents.

As an aftermarket solution, Cipia-FS10 is designed for quick and seamless installation in existing commercial vehicles. This ensures fleets can enhance safety and operational efficiency without the need for costly vehicle upgrades. The device’s AI-driven data insights enable fleet managers to optimize operations, reduce liability costs, and improve compliance with safety regulations.

For more information about Cipia-FS10 and how it can elevate your fleet with advanced driver fatigue, distraction monitoring and ADAS, visit us at www.FS10.cipia.com or contact us at: info@fs10.cipia.com .

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, driver monitoring and ADAS solution for telematics service providers and fleets.

Over a decade of research and development stand behind the company’s 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.

Media Contact

Lazer Cohen
lazer@concrete.media
347-753-8256

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SOURCE Cipia

HSINCHU, Jan. 10, 2025 /PRNewswire-FirstCall/ — ChipMOS TECHNOLOGIES INC. (“ChipMOS” or the “Company”) (Taiwan Stock Exchange: 8150 and Nasdaq: IMOS), an industry leading provider of outsourced semiconductor assembly and test services (“OSAT”), today reported its unaudited consolidated revenue for the month of December 2024 and for the fourth quarter ended December 31, 2024. All U.S. dollar figures cited in this press release are based on the exchange rate of NT$32.79 to US$1.00 as of December 31, 2024. This would represent full year 2024 revenue growth of approximately 6.3% compared to the full year 2023.

Revenue for the fourth quarter of 2024 was NT$5,399.6 million or US$164.7 million, representing a decrease of 5.7% from the fourth quarter of 2023, and a decrease of 11.0% from the third quarter of 2024. The Company noted that while the quarterly decline reflects macro industry pricing and demand headwinds, the strong full year 2024 revenue growth reflects continued leadership in its core markets.

Revenue for the month of December 2024 was NT$1,780.1 million or US$54.3 million, representing a decrease of 3.0% from November 2024, and a decrease of 5.4% from December 2023.

About ChipMOS TECHNOLOGIES INC.:

ChipMOS TECHNOLOGIES INC. (“ChipMOS” or the “Company”) (Taiwan Stock Exchange: 8150 and Nasdaq: IMOS) (www.chipmos.com) is an industry leading provider of outsourced semiconductor assembly and test services. With advanced facilities in Hsinchu Science Park, Hsinchu Industrial Park and Southern Taiwan Science Park in Taiwan, ChipMOS is known for its track record of excellence and history of innovation. The Company provides end-to-end assembly and test services to leading fabless semiconductor companies, integrated device manufacturers and independent semiconductor foundries serving virtually all end markets worldwide. 

Forward-Looking Statements:

This press release may contain certain forward-looking statements. These forward-looking statements may be identified by words such as ‘believes,’ ‘expects,’ ‘anticipates,’ ‘projects,’ ‘intends,’ ‘should,’ ‘seeks,’ ‘estimates,’ ‘future’ or similar expressions or by discussion of, among other things, strategies, goals, plans or intentions. These statements may include financial projections and estimates and their underlying assumptions, statements regarding plans, objectives and expectations with respect to future operations, products and services, and statements regarding future performance. Actual results may differ materially in the future from those reflected in forward-looking statements contained in this document, due to various factors. Further information regarding these risks, uncertainties and other factors are included in the Company’s most recent Annual Report on Form 20-F filed with the U.S. Securities and Exchange Commission (the “SEC”) and in the Company’s other filings with the SEC.

Contacts:

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SOURCE ChipMOS TECHNOLOGIES INC.

Plus, press release highlights from CES 2025.

NEW YORK, Jan. 10, 2025 /PRNewswire/ — With thousands of press releases published each week, it can be difficult to keep up with everything on PR Newswire. To help journalists and consumers stay on top of the week’s most newsworthy and popular releases, here’s a recap of some major stories from the week that shouldn’t be missed.

The list below includes the headline (with a link to the full text) and an excerpt from each story. Click on the press release headlines to access accompanying multimedia assets that are available for download.

McDonald’s New McValue Platform Is Finally Here
Fans can mix and match with the new Buy One, Add One for $1 offer and fuel up for less with the popular $5 Meal Deal. The brand marks the moment by partnering with John Cena and gifting fans millions of dollars in entertainment, lifestyle promos.ADP National Employment Report: Private Sector Employment Increased by 122,000 Jobs in December; Annual Pay was Up 4.6%
“The labor market downshifted to a more modest pace of growth in the final month of 2024, with a slowdown in both hiring and pay gains,” said Nela Richardson, chief economist, ADP. “Health care stood out in the second half of the year, creating more jobs than any other sector.”Big Lots Closes Sale to Gordon Brothers Retail Partners
Bruce Thorn, Big Lots’ President and Chief Executive Officer, said, “We are pleased to close this strategic transaction, which provides a framework to preserve thousands of jobs, maximize value, and maintain the Big Lots brand.”Globally Renowned Investor and Entrepreneur Kevin O’Leary Joining The People’s Bid for TikTok
The bid aims to purchase TikTok’s U.S. assets and rebuild the platform in a way that prioritizes the privacy of its 170 million American users.NASA to Explore Two Landing Options for Returning Samples from Mars
“Pursuing two potential paths forward will ensure that NASA is able bring these samples back from Mars with significant cost and schedule saving compared to the previous plan,” said NASA Administrator Bill Nelson. “These samples have the potential to change the way we understand Mars, our universe, and – ultimately – ourselves.”Tripadvisor Reveals 2025’s Must-Visit Destinations: Top Picks From Travelers Around the World This year Tripadvisor introduces two new subcategories; Solo Travel Destinations and a special sub-category in celebration of Tripadvisor’s 25th anniversary honoring the Top Destinations of the Last 25 Years based on all time reviews.Ulta Beauty Teams Up with Instacart to Deliver Beauty in a Flash Nationwide
Beauty meets convenience with the largest specialty U.S. beauty retailer now available on Instacart for delivery in as fast as an hour from more than 1,400 stores.Nation’s Top 300 Teen Scientists Selected for Achievements in STEM Innovation and Leadership in Nation’s Oldest and Most Prestigious High School Competition
The 300 scholars will be awarded $2,000 each and their schools will be awarded $2,000 for each enrolled scholar. Scholars were chosen based on their outstanding research, leadership skills, community involvement, commitment to academics, creativity in asking scientific questions and exceptional promise as STEM leaders.$5 Bowls with Five Choices: KFC® Debuts Hot New Lineup of Flavorful Bowls, Including Anticipated Return of Nashville Hot Sauce
Indulge your cravings with a hearty, warm, comforting bowl this winter for just $5 each, making your post-holiday wallet happy. Paramount and Comcast Announce Multi-Year Distribution Agreements
The multi-year deals feature ongoing carriage of Paramount’s networks, including CBS, BET, Comedy Central, MTV, Nickelodeon, Paramount Network and more. Comcast subscribers will also retain access to Paramount’s popular streaming services across Paramount+, Pluto TV and BET+.Michael J. Fox Honored with Presidential Medal of Freedom
President Biden presented Fox with the medal, which honors individuals who have made exemplary contributions to the prosperity, values, or security of the United States, world peace, or other significant societal, public or private endeavors.Hyundai Vehicles Available to “Add to Cart” on Amazon Autos
Car buyers around the U.S. can browse, order and finance any new Hyundai vehicle through a participating Hyundai dealer directly on Amazon Autos, and schedule a pickup from the dealer.The Latest Innovation from CHIPS AHOY! Is…Not A Cookie?! Introducing New CHIPS AHOY! Baked Bites – Bite-Sized Blondies to Satisfy Your Sweet Tooth
Baked into a square shape with a soft and chewy texture inspired by a brownie, CHIPS AHOY! Baked Bites, Blondie variety, are made with delicious, real chocolate chips and no high fructose corn syrup, offering an entirely reimagined CHIPS AHOY! experience. Buffalo thunders back as Zillow’s hottest market for 2025
“Shoppers nationwide should see more options for sale than in recent years, along with slow and steady price growth. That’s the good news. But both buyers and sellers should expect unpredictable mortgage rates,” said Skylar Olsen, Zillow chief economist.Girl Scouts’ 2025 Cookie Season Kicks Off Nationally, Helping Girls Across the Country Unbox Brighter Futures for Themselves
At the close of the 2025 cookie season, two beloved cookie flavors, Girl Scout S’mores® and Toast-Yay!®, will be retired.United Announces Accelerated Timeline for Starlink’s Industry-Leading Connectivity in the Sky
The airline now expects to begin testing Starlink next month with the first commercial flight anticipated to take off this spring on a United Embraer E-175 aircraft. Ultimately, United will add Starlink to its entire fleet.

Read more of the latest releases from PR Newswire.

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CES 2025

CES took over Las Vegas — and the wire — this week as companies from a range of industries shared news of their latest consumer technology innovations. From advances in mobility and AI to medtech, smart homes and much more, PR Newswire is here to help journalists and consumers keep track of the announcements tied to the consumer electronics tradeshow.

Here are just a few of the big CES press releases sent this week:

What Not to Miss at CES 2025XREAL Announces Groundbreaking Collaborations at CES 2025EcoFlow Debuts AI-Powered OASIS at CES 2025, Maximizing Energy Savings and Extreme Weather PrepSony Exhibits at CES® 2025Exclusive to CES 2025: Bird Buddy Goes Beyond Birds with New Wonder Nature Tech Product Announcement

Catch up on the latest CES 2025 announcements.

Helping Journalists Stay Up to Date on Industry News

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SOURCE PR Newswire