Stock Exchange & Press Releases 2014

Print Print this release
Elektrobit Group Oyj - Elektrobit (EB) named as 2015 CES Innovation Awards Honoree

November 12, 2014

Elektrobit (EB) named as 2015 CES Innovation Awards Honoree


Press release

Free for publication on November 12, 2014 at 9.00 am. (CET+1)

Elektrobit (EB) named as 2015 CES Innovation Awards Honoree

Erlangen, Germany, November 12, 2014 - Elektrobit (EB) today announced that it has been named a 2015 CES Innovation Awards Honoree for its EB Assist Electronic Horizon solution. Products entered in this prestigious program are judged by a preeminent panel of independent industrial designers, independent engineers and members of the trade media to honor outstanding design and engineering in cutting edge consumer electronics products across 28 product categories.

EB Assist Electronic Horizon Solution delivers essential map data for in-car driver-assist features such as night vision, curve speed warning and traffic sign recognition or range determination for e-cars and autonomous vehicles.  Its powerful combination of navigation and driver assistance software allows carmakers to provide predictive, safe, comfortable driving.

"We are thrilled that EB Assist Electronic Horizon has been named a CES Innovation Awards Honoree," said Markus Schupfner, Executive Vice President Operations at EB's Automotive Business Segment. "As carmakers continue to include more autonomous features in vehicles, driver assistance becomes a critical component. This award recognizes EB's commitment to delivering the most innovative in-car safety solutions for the automotive industry."

EB is one of the few automotive suppliers that offer an electronic horizon solution combining both navigation software and driver-assistance systems software, which allows carmakers to deliver precise, easy-to-use and increasingly capable systems for consumers. Elektrobit's EB Assist Electronic Horizon product is unique in being able to deliver the most detailed road geometry data currently in the market.

The prestigious CES Innovation Awards are sponsored by the Consumer Electronics Association (CEA)®, the producer of the International CES, the global gathering place for all who thrive on the business of consumer technology, and have been recognizing achievements in product design and engineering since 1976.

Entries are evaluated on their engineering, aesthetic and design qualities, intended use/function and user value, how the design and innovation of the product directly compares to other products in the marketplace and unique/novel features present.

Products chosen as CES Innovation Honorees reflect innovative design and engineering in some of the most cutting edge tech products and services coming to market.

2015 CES Innovation Honoree products are featured on CESweb.org/Innovation, which lists product categories, as well as each product name, manufacturer information, description, photo and URL.

Elektrobit Corporation (EB)
EB creates advanced technology and turns it into enriching end-user experiences. EB is specialized in demanding embedded software and hardware solutions for wireless and automotive industries. The net sales in 2013 totaled MEUR 199.3 and operating profit was EUR 8.1 million. Elektrobit Corporation is listed on NASDAQ OMX Helsinki. www.elektrobit.com

Elektrobit (EB) - Automotive Software
EB represents one of the most important suppliers of embedded software solutions for the automotive industry. In addition to the development of innovative products, it also specializes in services and consulting for the automotive industry, supplying implementations of serial software solutions for a broad range of AUTOSAR and FlexRay, infotainment, navigation, HMI and driver assistance systems. EB continues to invest in feature integration and development tools so that the in-vehicle devices get to market more quickly and ship in volume sooner. www.automotive.elektrobit.com

Further Information:
Manuela Papadopol
Director, Global Marketing Automotive
Tel. +1 425 686-3100
Email: [email protected]

Stephannie Depa
Breakaway Communications for EB
Tel. +1 415 358-2485
Email: [email protected]

Philipp Hanke
Weber Shandwick for EB
Tel. +49 89 380179-48
Email: [email protected] 

Distribution:
Principal media