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Innovusion Announces Its High-Resolution Image-Grade LiDAR System “Cheetah”, Enabling the Safest Performance in the Vehicle Mobility Industry

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Industry’s First Proprietary Dual – Rotating Polygon Design
Provides Safest and Most Reliable Detection Available, While Maintaining
Picture-Like Resolution and Long-Distance Capability

LOS ALTOS, Calif–(BUSINESS WIRE)–Innovusion Inc., the worldwide leader in the design and development of
innovative hybrid Solid State LiDAR systems for vehicle safety
applications, has announced the availability of its Cheetah system.
Based on its innovative rotating polygon optical architecture,
Innovusion has melded together proprietary detector electronics,
advanced optics and sophisticated software algorithms to offer a system
that has no equal in the long-distance, high-resolution LiDAR vehicle
mobility system industry.

Smart architecture, streamlined optics design, and integrated optical
paths result in rapid manufacturing, scalability into automotive
production, and lower cost. The ability to provide a detection range of
200 meters on objects with 10% reflectivity and clearly detecting
objects out to 280 meters, provides the best and most advanced
notification available today, creating more reaction time for the
vehicle to determine the best course of action resulting in optimum
safety performance. The system achieves picture-like imaging due to its
high number of vertical and horizontal scanning lines covering the
entire field of view. Every object is represented by an exceptionally
dense point cloud, resulting in optimum safety through the ability to
not miss important objects in the field of view. Because Cheetah’s
exceptional image quality, its point cloud is especially suitable for
fusing with camera data in the pixel level, producing a rich data set
resulting in groundbreaking reliable object detection and
classification. Based on its superior performance enabled by the
innovative rotating polygon approach, unique detector electronics and
proprietary algorithms, the Cheetah platform is ideal for safety system
architects as the main perception sensor for L3+ autonomous vehicles,
thus reducing the need for multiple LiDAR systems.

Key specifications of the Cheetah system include a screen resolution of
300 vertical pixels, while simultaneously maintaining a frame rate of
10Hz. Picture like resolution is achieved though its 0.13-degree
resolution over its 40-degree vertical FOV, and 0.14-degree resolution
over its 100-degree horizontal FOV. Because of the efficient rotating
polygon architecture, Cheetah draws under 40W, making it the most energy
efficient system of any high- performance LiDAR currently available. The
Cheetah LiDAR platform is miniature and robust with the sensor head
dimension measuring 112 mm (h) x 145 mm (w) x 105 mm(d), with a roadmap
to substantially reduce the future footprint and formfactor.

Dr. Junwei Bao, Innovusion CEO said, “Our technology strategy was to
create the Cheetah platform using a judicious combination of mature
industry-proven technology combined with innovative in-house optical and
systems expertise to be able to optimize the price/performance and
manufacturability of the resulting solution. Our team of innovative and
highly-skilled precision optical system designers created the industry’s
first Image grade high performance polygon-based solution that is robust
enough for the demanding requirements of the automotive industry. We
knew early on in order to build the safest mobility system possible, we
needed to utilize 1550nm laser combined with a large aperture polygon to
achieve the best possible distance and resolution thus maximizing
reliability and safety. We believe that Cheetah delivers picture-like
images and the best price/performance offering in the industry today
which we are confident will result in its rapid adoption in the
marketplace.”

Applications include vehicle safety systems, autonomous vehicle systems
and V2X (vehicle-to-everything) for automobiles, trucks, buses, trains
and off-road vehicles.

Single unit price is $35,000 for small quantities.

ABOUT INNOVUSION

Innovusion Inc., a private company, was founded in 2016 and is
headquartered in Los Altos, California. It is the world’s leader in
image-quality, long-distance LiDAR (Light Detection and Ranging)
systems. Its first product, Cheetah, employs its proprietary innovative
reliable dual rotating polygon design which enables the world’s safest
solution for Level 3+ Autonomous Driving Systems for vehicle mobility
applications. It successfully concluded its A Round funding of $30 M in
Summer 2018. Please visit us on the web at www.innovusion.com.

Contacts

Mr. Steve Ehrsam
Innovusion Inc.
Tel: 408 464 0253
Email: steve.ehrsam@innovusion.com

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Business Wire

Bin Zayed Group’s global oil chain and BBOSS reached a strategic cooperation

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NEW YORK–(BUSINESS WIRE)–Recently, Top investment master in the world, Prince of Abu Dhabi, Chairman of the Board of Directors of the Bin Zayed Group, His Excellency Sheikh Khaled Bing Zayed Al Nahyan, Chairman of the Board of Directors of the Abu Dhabi Sovereign Fund, chaired the “Global refueling chain OPC Strategic Cooperation Seminar” in Bangkok, Thailand. The Bin Zayed Group, a partner from 50 countries around the world, held a one-day strategic discussion on the use of the BBOSS accounting tool to launch the global refueling chain. Finally reached a consensus that the OPC global refueling system uses the BBOSS accounting tool as a third-party tool for OPC points.

Liu Shijiang, secretary general of the China Aviation Rescue Alliance, attended the seminar and reached a strategic cooperation intention on the cooperation between the Air Rescue Association and OPC.

(BIN ZAYED GROUP, (BZG),) is a global oil, energy, bank, finance, real estate, top hotel, antique and cultural relics investment enterprise founded by Prince Sheikh Khaled Bin Zayed Al Nahyan. Its “Abu Dhabi sovereign fund”, with a size of $1.3 trillion (10 trillion yuan), once ranked first in the world and now ranks second in the world.

The global refueling chain project launched by the Bin Zayed Group is the first subdivided market project based on block chain technology to solve the problem of gas stations. This project not only solves the problem of expensive refueling, The problem of the number of passengers at gas stations is due to the use of the BBOSS points tool to give all participants more benefits. The global network of global refueling chain projects will make full use of the BBOSS accounting tool, meaning that the physical application of BBOSS tools is rapidly expanding to more areas around the world.

The cooperation with the China Aviation Rescue Alliance also applies the oil chain to people’s livelihood, refueling BBOSS Token to let more consumers feel the convenience and benefits of BBOSS accounting tools to their lives.

Contacts

Jan Liu

Jan@globalnews.com

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Business Wire

IMPORTANT INVESTOR ALERT: The Schall Law Firm Announces the Filing of a Class Action Lawsuit Against Textron Inc. and Encourages Investors with Losses in Excess of $100,000 to Contact the Firm

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LOS ANGELES–(BUSINESS WIRE)–$TXT #TXTThe Schall Law Firm, a national shareholder rights litigation firm, announces the filing of a class action lawsuit against Textron Inc. (“Textron” or “the Company”) (NYSE: TXT) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.

Investors who purchased the Company’s shares between January 31, 2018 and October 17, 2018, inclusive (the ”Class Period”), are encouraged to contact the firm before October 21, 2019.

If you are a shareholder who suffered a loss, click here to participate.

We also encourage you to contact Brian Schall of the Schall Law Firm, 1880 Century Park East, Suite 404, Los Angeles, CA 90067, at 424-303-1964, to discuss your rights free of charge. You can also reach us through the firm’s website at www.schallfirm.com, or by email at brian@schallfirm.com.

The class, in this case, has not yet been certified, and until certification occurs, you are not represented by an attorney. If you choose to take no action, you can remain an absent class member.

According to the Complaint, the Company made false and misleading statements to the market. Textron suffered from slowing end-market sales of Arctic Cat products, leaving the sales channel filled with excess inventory. The Company provided significant discounts in an effort to clear the aging inventory, which impacted its earnings. Based on these facts, the Company’s public statements were false and materially misleading. When the market learned the truth about Textron, investors suffered damages.

Join the case to recover your losses.

The Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics.

Contacts

The Schall Law Firm

Brian Schall, Esq.

www.schallfirm.com

Office: 310-301-3335

Cell: 424-303-1964

info@schallfirm.com

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Business Wire

IMPORTANT INVESTOR ALERT: The Schall Law Firm Announces the Filing of a Class Action Lawsuit Against Textron Inc. and Encourages Investors with Losses in Excess of $100,000 to Contact the Firm

Business Wire

Published

on

Reading Time: 2 minutes

LOS ANGELES–(BUSINESS WIRE)–$TXT #TXTThe Schall Law Firm, a national shareholder rights litigation firm, announces the filing of a class action lawsuit against Textron Inc. (“Textron” or “the Company”) (NYSE: TXT) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.

Investors who purchased the Company’s shares between January 31, 2018 and October 17, 2018, inclusive (the ”Class Period”), are encouraged to contact the firm before October 21, 2019.

If you are a shareholder who suffered a loss, click here to participate.

We also encourage you to contact Brian Schall of the Schall Law Firm, 1880 Century Park East, Suite 404, Los Angeles, CA 90067, at 424-303-1964, to discuss your rights free of charge. You can also reach us through the firm’s website at www.schallfirm.com, or by email at brian@schallfirm.com.

The class, in this case, has not yet been certified, and until certification occurs, you are not represented by an attorney. If you choose to take no action, you can remain an absent class member.

According to the Complaint, the Company made false and misleading statements to the market. Textron suffered from slowing end-market sales of Arctic Cat products, leaving the sales channel filled with excess inventory. The Company provided significant discounts in an effort to clear the aging inventory, which impacted its earnings. Based on these facts, the Company’s public statements were false and materially misleading. When the market learned the truth about Textron, investors suffered damages.

Join the case to recover your losses.

The Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics.

Contacts

The Schall Law Firm

Brian Schall, Esq.

www.schallfirm.com

Office: 310-301-3335

Cell: 424-303-1964

info@schallfirm.com

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