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2016-05-17

The Road to Full Autonomous Driving: Mobileye and STMicroelectronics to Develop EyeQ®5 System-on-Chip, Targeting Sensor Fusion Central Computer for Autonomous

5th-generation System-on-Chip, scheduled to sample in H1 2018, builds on
long-standing cooperation between Mobileye and ST and market success of EyeQ
technology, available now or in the near future on vehicles from 25
car manufacturers

Jerusalem and Geneva, May
17,
2016
-- Mobileye (NYSE:MBLY) and STMicroelectronics (NYSE:STM) today announced that
the two companies are co-developing the next (5th) generation of Mobileye's
SoC, the EyeQ®5, to act as the central computer performing sensor fusion for
Fully Autonomous Driving (FAD) vehicles starting in 2020.

To meet power consumption and performance targets, the EyeQ5 will be designed
in advanced 10nm or below FinFET technology node and will feature eight
multithreaded CPU cores coupled with eighteen cores of Mobileye's
next-generation, innovative, and well-proven vision processors. Taken
together, these enhancements will increase performance 8x times over the
current 4thgeneration EyeQ4. The EyeQ5 will produce more than 12 Tera
operations per second, while keeping power consumption below 5W, to maintain
passive cooling at extraordinary performance. Engineering samples of EyeQ5
are expected to be available by first half of 2018.

The EyeQ5 continues Mobileye's long-standing cooperation with
STMicroelectronics. Leveraging its substantial experience in automotive-grade
designs, ST will support state-of-the-art physical implementation, specific
memory and high-speed interfaces, and system-in-package design to ensure the
EyeQ5 meets the full qualification process aligned with the highest
automotive standards. ST will also contribute to the overall safety- and
security-related architecture of the product.

"EyeQ5 is designed to serve as the central processor for future
fully-autonomous driving for both the sheer computing density, which can
handle around 20 high-resolution sensors and for increased functional
safety," said Prof. Amnon Shashua, cofounder, CTO and Chairman of Mobileye.
"The EyeQ5 continues the legacy Mobileye began in 2004 with EyeQ1, in which
we leveraged our deep understanding of computer vision processing to develop
highly optimized architectures to support extremely intensive computations at
power levels below 5W to allow passive cooling in an automotive environment."

"Each generation of the EyeQ technology has proven its value to drivers and ST
has proven its value to Mobileye as a manufacturing, design, and R&D partner
since beginning our cooperation on the EyeQ1," said Marco Monti, Executive
Vice President and General Manager Automotive and Discrete Group,
STMicroelectronics. "With our joint commitment to the 5th-generation of the
industry's leading Advanced Driver Assistance System (ADAS) technology, ST
will continue to provide a safer, more convenient smart driving experience."

Technical Details

EyeQ5's proprietary accelerator cores are optimized for a wide variety of
computer-vision, signal-processing, and machine-learning tasks, including
deep neural networks. EyeQ5 features heterogeneous, fully programmable
accelerators, with each of the four accelerator types in the chip optimized
for its own family of algorithms. This diversity of accelerator architectures
enables applications to save both computational time and energy by using the
most suitable core for every task. This optimized assignment ensures the
EyeQ5 provides "super-computer" capabilities within a low-power envelope to
enable price-efficient passive cooling. Mobileye's investment in several
programmable domain-specific accelerator families is enabled by its focus on
the ADAS and autonomous-driving markets.

Autonomous driving requires an unprecedented level of focus on functional
safety. EyeQ5 is designed for systems that meet the highest grade of safety
in automotive applications (ASIL B(D), according to the ISO 26262 standard).

Mobileye has built the EyeQ5's security defenses based on the integrated
Hardware Security Module. This enables system integrators to support
over-the-air software updates, secure in-vehicle communication, etc. The root
of trust is created based on a secure boot from an encrypted storage device.

EyeQ5 will be delivered to carmakers and Tier1s along with a full suite of
hardware accelerated algorithms and applications that are required for
autonomous driving. Along with this, Mobileye will support an
automotive-grade standard operating system and provide a complete software
development kit (SDK) to allow customers to differentiate their solutions by
deploying their algorithms on EyeQ5. The SDK may also be used for prototyping
and deployment of Neural Networks, and for access to Mobileye pre-trained
network layers. Uses of EyeQ5 as an Open Software Platform are facilitated by
such architectural elements as hardware virtualization and full cache
coherency between CPUs and accelerators.

Autonomous driving requires fusion processing of dozens of sensors, including
high-resolution cameras, radars, and LiDARs. The sensor-fusion process has to
simultaneously grab and process all the sensors' data. For this purpose, the
EyeQ5's dedicated IOs support at least 40Gbps data bandwidth.

EyeQ5 implements two PCIe Gen4 ports for inter-processor communication, which
could enable system expansion with multiple EyeQ5 devices or for connectivity
with an application processor.

High computational and data bandwidth requirements are supported with four
32-bit LPDDR4 channels, operating at 4267MT/s.

Availability

Engineering samples of EyeQ5 are expected to be available by first half of
2018. First development hardware with the full suite of applications and SDK
are expected by the second half of 2018.

About Mobileye

Mobileye N.V. is the global leader in the development of computer vision and
machine learning, data analysis, localization and mapping for Advanced Driver
Assistance Systems and autonomous driving. Our technology keeps passengers
safer on the roads, reduces the risks of traffic accidents, saves lives and
has the potential to revolutionize the driving experience by enabling
autonomous driving. Our proprietary software algorithms and EyeQ® chips
perform detailed interpretations of the visual field in order to anticipate
possible collisions with other vehicles, pedestrians, cyclists, animals,
debris and other obstacles. Mobileye's products are also able to detect
roadway markings such as lanes, road boundaries, barriers and similar items;
identify and read traffic signs, directional signs and traffic lights; create
a Roadbook(TM) of localized drivable paths and visual landmarks using
REM(TM); and provide mapping for autonomous driving. Our products are or will
be integrated into car models from 25 global automakers. Our products are
also available in the aftermarket. Further information about Mobileye can be
found at:http://www.mobileye.com/

About STMicroelectronics

ST is a global semiconductor leader delivering intelligent and
energy-efficient products and solutions that power the electronics at the
heart of everyday life. ST's products are found everywhere today, and
together with our customers, we are enabling smarter driving and smarter
factories, cities and homes, along with the next generation of mobile and
Internet of Things devices. By getting more from technology to get more from
life, ST stands for life.augmented.

In 2015, the Company's net revenues were $6.90 billion, serving more than
100,000 customers worldwide. Further information can be found atwww.st.com.

Forward-Looking Statements

This press release contains certain forward-looking statements. Words such as
"believes," "intends," "expects," "projects," "anticipates," and "future" or
similar expressions are intended to identify forward-looking statements.
These statements are only predictions based on
each of
STMicroelectronics' and Mobileye's
current expectations and projections about future events. You should not place
undue reliance on these statements. Many factors may cause actual results to
differ materially from any forward-looking statement, including the risk
factors and other matters set forth in
STMicroelectronics' and
Mobileye's
respective
filings with the U.S. Securities and Exchange Commission
.
Neither
Mobileye
nor STMicroelectronics
undertakes
any
obligation to update or revise any forward-looking statement, whether as a
result of new information, future events or otherwise, except as may be
required by law.

For more information, contact:

Mobileye
Dan Galves
CCO / SVP
dan.galves@mobileye.com

STMicroelectronics
Michael Markowitz
+1 781 591 0354
michael.markowitz@st.com

EyeQ5 PR IMAGE
http://hugin.info/152740/R/2013343/746116.JPG
EyeQ5 PR
http://hugin.info/152740/R/2013343/746115.pdf

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This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: STMicroelectronics via Globenewswire

HUG#2013343

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