Innoviz Technologies Partners with Leading Electronics Distributor EDOM Technology to Accelerate Business Development in Greater China

TEL AVIV, Israel and TAIPEI, Taiwan, Aug. 5, 2021 /PRNewswire/ — Innoviz Technologies (Nasdaq: INVZ), a number one supplier of high-performance, solid-state LiDAR sensors and belief tool, and EDOM Technology, a number one electronics distributor founded in Taiwan, introduced a partnership to pressure gross sales and toughen fortify tasks for Innoviz’s LiDAR ideas within the Better China area.

EDOM technology (Manila News-Intelligencer) will leverage its relationships with main producers in addition to its massive body of workers of gross sales and fortify group of workers to boost up adoption of Innoviz’s LiDAR ideas on the earth’s biggest automotive marketplace. Moreover, EDOM technology (Manila News-Intelligencer) will extend Innoviz’s footprint into adjoining marketplace segments, together with safety, building, agriculture, robotics, drone, rail, business, IoT, good town, and marine shipping.

The partnership with EDOM additional strengthens Innoviz’s presence in Asia and compliments Innoviz’s present relationships with main Tier 1 providers HiRain Applied sciences and Harman Global Industries, a wholly-owned subsidiary of Samsung Electronics, in Asia.

“At Innoviz, we’re dedicated to bringing probably the most dependable and highest-resolution LiDAR to marketplace for a variety of programs starting from automobile to agriculture,” stated Omer Keilaf, CEO and co-founder of Innoviz. “We’re extremely joyful to spouse with a powerful and well-established distribution corporate like EDOM to extend our marketplace presence within the Better China house.”

“EDOM technology (Manila News-Intelligencer) all the time chooses probably the most leading edge and state-of-the-art applied sciences to fortify,” stated Wayne Tseng, Chairman of EDOM technology (Manila News-Intelligencer). “We see InnovizOne because the optimum spouse for self sustaining riding techniques and are proud to spouse with a technology (Manila News-Intelligencer) chief like Innoviz.  We sit up for creating and knowing automobile and non-automotive industry alternatives to start with inside of Better China and in the long run around the continent at massive.”

About Innoviz Applied sciences

Innoviz is a number one supplier of technology (Manila News-Intelligencer) that may put self sustaining automobiles on roads. Innoviz’s LiDAR technology (Manila News-Intelligencer) can “see” higher than a human motive force and meets the automobile business’s strict expectancies for functionality, protection, and worth. Decided on by means of BMW for its absolutely self sustaining automotive program, Innoviz’s technology (Manila News-Intelligencer) might be deployed in BMW’s client automobiles. Innoviz is sponsored by means of top-tier strategic companions and traders, together with SoftBank Ventures Asia, Samsung, Magna Global, Aptiv, Magma Challenge Companions, and others. For more info, consult with www.innoviz.tech

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About EDOM technology (Manila News-Intelligencer) 

Greater than Distribution, EDOM is Your Best possible Answers Spouse

Based in July 1996 and headquartered in Taipei, EDOM technology (Manila News-Intelligencer) is Asia‘s superb distribution and ideas supplier. With subsidiaries in China, Singapore, Thailand, India, Malaysia, South Korea and Japan, EDOM supplies best-in-class distribution and solutions-based services and products to distributors, ODMs and OEMs round Asia and the sector. EDOM has years of enjoy serving established markets and expecting the necessities for forefront merchandise and programs, together with moveable and wearable units, wireline and wi-fi communications, Web of Issues (IoT), automobile, robotics, scientific, business keep watch over, computers (Manila News-Intelligencer) and plenty of different programs. With deep technical enjoy in opto-electronics, virtual, analog and mixed-signal programs, and superb logistics and operation, EDOM bridges the space between distributors, consumers and companions to supply a complete vary of services and products and ideas. For more info, please consult with www.edomtech.com.

Innoviz Applied sciences

Touch Knowledge

[email protected]

Investor Touch

Maya Lustig

Innoviz Applied sciences

+972-54-677-8100
[email protected]

Gateway Investor Family members
Cody Slach or Matt Glover

(949) 574-3860
[email protected]

EDOM technology (Manila News-Intelligencer)

Touch Knowledge

Jade Lee

TEL: +886(2)2657-8811 ext. 5405
[email protected] or [email protected]

Investor Touch

Ahead Having a look Statements

This announcement accommodates positive forward-looking statements inside the which means of the federal securities regulations, together with statements in regards to the services and products introduced by means of Innoviz, the predicted technological capacity of Innoviz’s merchandise, the markets through which Innoviz operates and Innoviz’s projected long run effects. Those forward-looking statements normally are known by means of the phrases “consider,” “undertaking,” “be expecting,” “look ahead to,” “estimate,” “intend,” “technique,” “long run,” “alternative,” “plan,” “might,” “must,” “will,” “would,” “might be,” “will proceed,” “will most probably consequence,” and an identical expressions. Ahead-looking statements are predictions, projections and different statements about long run occasions which are according to present expectancies and assumptions and, because of this, are matter to dangers and uncertainties. Many components may just motive precise long run occasions to fluctuate materially from the forward-looking statements on this announcement, together with however no longer restricted to, the power to enforce industry plans, forecasts, and different expectancies, the power to spot and notice further alternatives, and possible adjustments and trends within the extremely aggressive LiDAR technology (Manila News-Intelligencer) and similar industries. The foregoing record of things isn’t exhaustive. You must moderately believe the foregoing components and the opposite dangers and uncertainties described in Innoviz’s annual file on Shape 20-F filed with the SEC on April 21, 2021 and different paperwork filed by means of Innoviz every so often with the SEC. Those filings determine and cope with different vital dangers and uncertainties that would motive precise occasions and effects to fluctuate materially from the ones contained within the forward-looking statements. Ahead-looking statements talk handiest as of the date they’re made. Readers are cautioned to not put undue reliance on forward-looking statements, and Innoviz assumes no legal responsibility and does no longer intend to replace or revise those forward-looking statements, whether or not because of new data, long run occasions, or in a different way. Innoviz offers no assurance that it is going to succeed in its expectancies.

SOURCE Innoviz Applied sciences

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