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Updated: July 8th, 2008 05:26 PM CDT

STMicroelectronics and Mobileye to Deliver Vision-Based Driver-Assist Systems

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via PRNewswire

GENEVA and JERUSALEM, Nov. 17 /PRNewswire-FirstCall/ -- STMicroelectronics(NYSE: STM), a leader in the design and manufacture of automotive ICs, andMobileye N.V., the leading provider of Advanced Driver Assistance Systems tothe automotive industry, today announced that the two companies are committedto developing, producing, and commercializing chips for the visual-aiddriving-assistance segment of the automotive market.

The implementation of technology-based safety systems into the next-generation of road vehicles is increasingly being touted as a valuableinstrument in the effort to reduce the high level of traffic accidentsworldwide. According to the US National Highway Traffic Safety Administration,there were estimated to be more than 6 million police-reported traffic crashesin the U.S. in 2004, in which more than 42,000 people were killed andapproximately 2.7 million more were injured, despite a record-low fatalityrate per 100 million vehicle miles of travel in the U.S. In a recent reporton the main causes of road accidents from the INVENT-FAS (Intelligent Trafficand User-Friendly Technology - Driver Assistance, Active Safety) researchinitiative in Germany: about 28% of accidents were caused in lane-merging orlane-crossing maneuvers; about 24% were rear-end collisions; and approximately15% were due to a vehicle leaving the road. The study concluded that thereshould be a focus on technological solutions for collision warning, lane-departure warning, and lane changing.

Driving-assistance technology is aimed at improving driver performancewith automated features such as Adaptive Cruise Control (ACC), Lane-DepartureWarning (LDW), Lane-Change Assist and Blind-Spot Detection (LCA/BSD), as wellas Vision-Radar sensors for Pre-Crash, Pedestrian Protection, and in-cabinOccupant Detection. According to Allied Business Intelligence Inc., thissegment of the automotive market is expected to grow significantly over thenext few years. For example, the worldwide market by 2008 for Lane-DepartureWarning products is predicted to be between 1.5 to 1.9 million units; and theAdaptive Cruise Control market, also by 2008, is expected to be 2.8 to 3.3million units with predicted market revenues of between $1.8 and $2.2 billion.

STMicroelectronics intends to manufacture Mobileye's EyeQ-1 System-on-Chipand both companies will jointly develop the second-generation EyeQ-2. EyeQ-1has been adopted by several first-tier suppliers and car manufacturers inEurope, the U.S., and Japan and will make its debut in after-market driver-assistance products in early 2006 and in 2007-model-year cars.

Featuring lane-departure warning, forward-collision warning andvision/radar fusion for active safety, EyeQ-1 combines high performance andlow cost in a technology aimed at revolutionizing the mass implementation ofdriver assistance systems. The successor, EyeQ-2, will add pedestriandetection capabilities to its extensive feature list and will debut in late2008 models.

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