Pana-Pacific, Mobileye reach agremeent on ADAS solution for Collision Avoidance and Mitigation

| March 26, 2012

Pana-Pacific and Mobileye have reached an agreement for Pana-Pacific to distribute Mobileye’s unique ADAS solution for Collision Avoidance and Mitigation to the commercial vehicle market. Pana-Pacific’s engineers will expedite pre-wired and factory-installed options of the Mobileye products with all the CV original equipment (OE) manufacturers.

Pana-Pacific’s aftermarket sales team will market Mobileye to all the Heavy-Duty Truck Dealerships in the United States and Canada. Pana-Pacific’s internal customer service staff will provide all CV Mobileye customers with technical support.

“This is a very important opportunity to improve safety on our highways,” said Isaac Litman, CEO Mobileye Inc., in a written statement. “We have invested heavily to make our roads and vehicles safer, and this relationship will go a long way to improving the skills of drivers. Our best in class Mobileye C2-270 will now have accelerated access to the commercial vehicle market – at the production level and in the aftermarket. We’re simply delighted to have the opportunity to work with Pana-Pacific.”

John Trenberth, president of Pana-Pacific, added in a written statement: “As a value-added integrator, Pana-Pacific continues to bring needed technology to commercial vehicle manufacturers and aftermarket dealerships. The visibility the Mobileye collision avoidance and mitigation product provides the end-user is invaluable, we look forward to helping facilitating safer trucks.”

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