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South Korean Startup bitsensing Partners with Infineon Technologies to Introduce Innovative In-Cabin Sensing Solution

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The MOD620 Combines bitsensing’s Groundbreaking Radar Technology with Infineon’s Industry Leading Chipsets

 

SEOUL, KOREA – Media OutReach – 16 February 2021 – Today, bitsensing, a South Korean imaging radar
technology startup, announces a partnership
with world leader in semiconductor solutions Infineon Technologies to revolutionize the in-cabin experience with the
launch of the 60GHz MOD620 radar. The MOD620 was designed by bitsensing and
enabled by Infineon to provide a powerful safety monitoring solution that
drivers can trust.

 

According to the Heatstroke Deaths of
Children in Vehicles, Jan Null, San Jose State University, since the 1990s, 54%
of children dying in hot cars
was because they were forgotten by their caregivers. The MOD620 prevents this
type of casualty by efficiently detecting the presence and vital signs of
in-cabin occupants and sending the driver alerts if a child is left unattended
inside a car. Designed by bitsensing engineers and enabled by Infineon, the
MOD620 comprehensive monitoring solution matches the specific in-cabin
requirements for any vehicle offering continuous and limitless detection, regardless
of clothes or blankets.

 

“Our partnership with Infineon
demonstrates the significant progress we are making towards building safer
smart cities and elevating connected living by designing radar solutions for
all. This is an important moment in our company’s history as we have dedicated
the last three years to strategically engineering advanced radar technology that
can utilize existing top tier chipsets to address this need in the market,”
said Dr. Jae-Eun Lee, CEO of bitsensing. “bitsensing is the first and only Korean
startup that can deliver all aspects of auto grade radar solutions, in-house.
Our world-class engineers designed the MOD620 with the Infineon Chipset to
offer a new level of confidence in safety for an industry that demands
excellence, reliability, and unmatched intelligence.”

 

To build the premier in-cabin sensing
radar, bitsensing rearranged the hardware configuration and redesigned the
antenna. Powerful computing is achieved through the MCU making it possible for
radar data to be signal-processed and calculated. The MMIC transmits and
receives signals through electro-magnetic waves for detection while the antenna
is integrated with RF energy from the radar transmission line into the
propagation medium and vice versa. These components work together seamlessly
for an advanced caliber of radar performance.

 

“The engineers of bitsensing have years
of experience in optimizing chipsets. Working with Infineon’s state of the
art radar offering, this allowed them to strategically and systematically
arrange components for the MOD620’s best-in-class radar performance,” says Mr.
How Cheen Ng, Director, Partnership Management & Digital Marketing
Communication, Infineon Asia Pacific. “Leading in innovation and committing to
meaningful partnerships to develop cutting-edge technologies is at the core of
what we do at Infineon. This powerful partnership produced a solution that
truly transcends safety and creates a better quality of life for all.”

Versatile Single Radar Solution Featuring
Safety Performance

 

The MOD620 reliably detects in-car
passenger presence and location. It can also detect in real-time the presence
of a child left in a car, even when the car is shut down and locked as well as
monitor the vital signs of occupants and send an alert if there are any
abnormalities. bitsensing’s in-house specialists partnered with various labs
from top universities to obtain the most accurate data to produce this radar
that can accurately detect. The MOD620 offers a safe monitoring solution that
is necessary for the optimal autonomous driving experience.

 

Limitless Detection

 

bitsensing’s MOD620 captures all
rear-seat space maintaining the top quality for in-cabin solutions. The
120-degree field of view combined with the customizable detection range up to
2.5m provides an increased level of performance. Privacy concerns are also
eliminated with the MOD620 as it does not rely on cameras for presence
detection. 

 

Customizable Antenna Design

 

The rearrangeable antenna in the MOD620
allows for customization in channel length compensation, Field of View, and
matching circuits for transmitters and receivers. bitsensing’s unique expertise
in customizable antenna design allows for a quick and efficient process in
matching specific in-cabin requirements for any vehicle. The MOD620 is a
customizable cost-efficient radar that works in high-speed cars, day or night,
with no interference to seatbelts.

 

To view the MOD620 informational product
video, please visit https://youtu.be/hGI7vuXEzNI.
If you are interested in learning more about our radar solution offerings,
please visit www.bitsensing.com.

About bitsensing

bitsensing is an imaging radar technology company committed to building safer smart cities and elevating connected living by designing cutting-edge sensor fusions and AI solutions bringing an unprecedented level of intelligence to smart living. Founded in 2018 by seasoned automotive experts, bitsensing is one of the only startups delivering optimal technologies that meet and exceed the high level of safety and convenience that the industry demands with automotive grade radar technology. bitsensing is transforming possibilities to bring democratization of smart life in mobility, smart home and building, robotics, security, healthcare, and beyond.

About Infineon

Infineon Technologies AG is a world leader in semiconductor solutions that makes life easier, safer and greener. Microelectronics from Infineon are the key to a better future. In the 2020 fiscal year (ending 30 September), Infineon reported revenue of more than €8.5 billion with a workforce of some 46,700 people worldwide. Following the acquisition of the US company Cypress Semiconductor Corporation in April 2020, Infineon is now a global top 10 semiconductor company. Infineon is listed on the Frankfurt Stock Exchange (ticker symbol: IFX) and in the USA on the over-the-counter market OTCQX International Premier (ticker symbol: IFNNY).  Further information is available at www.infineon.com.

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Announcing the Finalist for the IARFC National Financial Plan Competition

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MIDDLETOWN, Ohio, Feb. 18, 2021 /PRNewswire-PRWeb/ — “Once again we find ourselves having to forego an in-person event,” explained IARFC Competition Coordinator Vicki Caplinger. “Happy to report that our student teams take the changes in stride and adapt to what is becoming a more common method of professional interaction through virtual meetings. I wish all our participants good luck in the Finals.”

The following students will be gearing up for their recorded presentation to be judged by the US Chapter Board Directors:

  • Kristen Revis, Western Carolina University, Patrick Payne, Ph.D. – Assistant Professor
  • Thomas Bindbeutel and Gracie Trokey, Truman State University, Charles Boughton – Instructor
  • Sophia Spangler, Western Carolina University, Patrick Payne, Ph.D. – Assistant Professor
  • David Stout and Tanner Manning, Utah Valley University, Luke Dean, Ph.D. – Associate Professor

These finalists are the results from the January Semi-Finals where six teams presented their financial recommendations and were scored according to both financial relevancy and personal delivery of their plan.

“I am very proud of my partner Tom and I for advancing to the Finals in the IARFC competition,” commented Gracie Trokey. “We are so grateful that we have been given the opportunity to represent Truman State University in this competition for the first time! The IARFC National Financial Plan Competition has given us a genuine perspective of how to take care of the financial well-being of

The National Financial Plan Competition is organized through the IARFC for undergraduate students in a curriculum related to Financial Services and supported in part by IARFC members and corporate backers such as 2021 sponsors Money Concepts International, Envestnet MoneyGuide, and Northstar Wealth Partners.

This competition gives students an exercise in real-world practices – that of analyzing a client's financial situation and critically thinking a course of action. In many cases, professors have used this exercise as part of their curriculum. Participants were given a fictional case study of a family and an overview of their financial picture. From that data, teams were asked to produce a financial plan with recommendations for current and future action. “The IARFC national financial plan case study competition provides real world experience and professional networking for our students who want to become future professional,” confirms Dr. Luke Dean, Utah Valley University. “This case helps the students practice, develop, and improve their technical and interpersonal skill sets. It is probably the single most impactful assignment that happens in any of my classes.”

For more information on the IARFC National Financial Plan Competition, visit https://www.iarfc.org/events/nfpc. The results of the Finals will be announced as soon as the information is available.

Media Contact

Susan Cappa, IARFC, 5134241589, [email protected]

 

SOURCE IARFC

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Farmers Insurance® Assisting Customers Impacted by Winter Storm Uri

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WOODLAND HILLS, Calif., Feb. 18, 2021 /PRNewswire/ — As freezing temperatures and major winter weather continue to impact residents in the South Central United States, the Farmers Insurance® Catastrophe Response Team is helping impacted customers with claims. 

Customers can file a claim by:

  • Calling the 24-hour claims center:
  • Farmers Claims Contact Center number: 1-800-435-7764.
  • Foremost® customers can also use the 1-800-435-7764 number for assistance.
  • Bristol West® customers can call 1-800-274-7865 for assistance.
  • Spanish-language claims assistance is available to Farmers customers by calling: 877-RECLAMO (877-732-5266).
  • Calling their agent.
  • Using the Farmers Mobile App through their smartphone or tablet.
  • Texting REPORTCLAIM to 29141.
  • Visiting Farmers.com or Foremost.com
  • Due to COVID-19, Farmers Insurance is offering a number of remote and virtual solutions to help make the claims process easier for customers. Customers who file a claim will be able to work directly with a trained claims professional to guide them through the claims process. Visit Farmers.com/catastrophe for updates.

    About Farmers Insurance
    “Farmers Insurance®” and “Farmers®” are tradenames for a group of insurers providing insurance for automobiles, homes and small businesses and a wide range of other insurance and financial services products. For more information about Farmers Insurance, visit Farmers.com, Twitter and Instagram, @WeAreFarmers, or Facebook.com/FarmersInsurance.

    Contact:

    External Communications

    Farmers Insurance

    818-965-0007

    [email protected]  

     

    Cision View original content to download multimedia:http://www.prnewswire.com/news-releases/farmers-insurance-assisting-customers-impacted-by-winter-storm-uri-301231397.html

    SOURCE Farmers Insurance

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    AgEagle Aerial (UAVS) Alert: Did You Lose Money on Your Investment? Contact Johnson Fistel Regarding Investigation

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    SAN DIEGO, Feb. 18, 2021 /PRNewswire/ — Shareholder rights law firm Johnson Fistel, LLP is investigating potential violations of the federal securities laws by AgEagle Aerial Systems Inc. (“AgEagle” or the “Company”) (NYSE: UAVS).

    On February 18, 2021, Bonitas Research published a report entitled “AMAZON SAYS NO PARTNERSHIP” in which Bonitas detailed a series of alarming red flags about AgEagle.

    Specifically, Bonitas, in its report, stated, “We believe that AgEagle Aerial Systems Inc.'s (NASDAQ: UAVS) ('UAVS,' 'AgEagle,' or the 'Company') was a pump & dump scheme orchestrated by Alpha Capital Anstalt ('Alpha Capital'), AgEagle founder and former chairman Bret Chilcott and other UAVS insiders to defraud US investors.”

    Further, the Bonitas report claimed, “In April 2020 rumor of a partnership between Amazon.com,Inc. & AgEagle was started by a promotional video uploaded to AgEagle's founder and former chairman Bret Chilcott's daughter's personal website and youtube account (the 'Promo Video'). Since then, a 54 page due diligence document has circulated on Reddit which at various times referenced the Promo Video and suggested that the AgEagle's partnership with Amazon was real.”

    Additionally, the Bonitas report said, “We have found no evidence of any 'major e-commerce customer' or any drone technology credited to AgEagle other than reference to the Promo Video leaked by AgEagle's founder and former Chairman Bret Chilcott's daughter.”

    The Bonitas report concluded. “In 4Q'20 an Amazon spokesperson disclosed to reporter Daniel McCoy of the Witchita Business Journal that Amazon specifically does not have any dealings with AgEagle whatsoever.”

    Following this news, the Company's stock price fell 36.41% on February 18, 2021.

    If you have information that could assist in this investigation, including past employees and others, or if you are an AgEagle shareholder and are interested in learning more about the investigation, please contact lead analyst Jim Baker ([email protected]) by email or phone at 619-814-4471. If emailing, please include a phone number.

    Additionally, you can [click here to join this action]. There is no cost or obligation to you.

    About Johnson Fistel, LLP:
    Johnson Fistel, LLP is a nationally recognized shareholder rights law firm with offices in California, New York and Georgia. The firm represents individual and institutional investors in shareholder derivative and securities class action lawsuits. For more information about the firm and its attorneys, please visit http://www.johnsonfistel.com. Attorney advertising. Past results do not guarantee future outcomes.

    Contact:
    Johnson Fistel, LLP
    Jim Baker, 619-814-4471
    [email protected]

    [click here to join this action].

    Cision View original content:http://www.prnewswire.com/news-releases/ageagle-aerial-uavs-alert-did-you-lose-money-on-your-investment-contact-johnson-fistel-regarding-investigation-301231396.html

    SOURCE Johnson Fistel, LLP

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    Editorial & Advertiser disclosureOur website provides you with information, news, press releases, Opinion and advertorials on various financial products and services. This is not to be considered as financial advice and should be considered only for information purposes. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third party websites, affiliate sales networks, and may link to our advertising partners websites. Though we are tied up with various advertising and affiliate networks, this does not affect our analysis or opinion. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you, or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish sponsored articles or links, you may consider all articles or links hosted on our site as a partner endorsed link.

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