PRESS RELEASE: PARTNERSHIP BETWEEN THEE COMPANIES OTN AND NEXYAD TO SAVE LIVES

PRESS RELEASE: PARTNERSHIP BETWEEN THEE COMPANIES OTN AND NEXYAD TO SAVE LIVES

PRESS RELEASE

The companies OTN and Nexyad join forces in a strategic partnership for active rail safety.

Saint Germain en Laye, April 20, 2020 - The company OTN, which develops safety products in the rail sector among others, announces the signature of a partnership with the company Nexyad, specializing in on-board risk assessment of accident, with the aim of developing solutions for predicting and preventing collision risks.

This partnership will significantly improve the performance of current detection systems, by offering a risk detection horizon adapted to the speed of traffic on trams, metros and trains.

This technological contribution will allow rapid migration from simple "detection" to "prediction", thereby improving the overall safety of users and the environment close to the traffic lanes.

The combination of the skills and experience of our two companies will allow us to quickly develop a high-performance analysis system (images, signals, data) to identify the risks of railway equipment in traffic. After six months spent evaluating the work necessary for the development and adaptation of the algorithms, initially intended for road safety, we are happy that this partnership results in the development of prototypes which we will be able to test in real situation in the short term.

OTN, a company based in Saône et Loire, France, manufactures, designs and markets electrical and electromechanical equipment intended for various advanced markets, including railway.

Nexyad, a company based near Paris, markets a global road safety platform for telematics, Advanced Driver Assistance Systems, and Autonomous Vehicles, currently adapted to railway focus.