Luxury One Corp Opens Brand New Facility for Mobileye Technology in Manhattan

NEW YORK, June 15, 2015 /PRNewswire/ -- Luxury One Corp announces their new distribution and service facility located at 528 West 39th Street in Manhattan, New York. The new facility is 40,000 square feet of space and is open 24 hours a day, 7 days a week for installation and distribution of Mobileye's new real-time collision avoidance technology.

Luxury One Corp by Boaz Bagbag and Tomer Zur offers a range of vehicles including being a leader in limos and black car industry leasing. Luxury One Corp is a North American distributor of the new Mobileye technology which brings a greater focus on safety for the company's customers. The company will begin offering installation of this technology on new vehicles and as an aftermarket add-on for others, with a special focus on taxis, limos and other for-hire vehicles.

Mobileye is a technological leader in the area of software algorithms, system-on-chips and customer applications that are based on processing visual information for the market of driver assistance systems. Luxury One Corp is now offering Mobileye's new black box technology, which uses sophisticated vision algorithms to provide driver's with real-time collision avoidance technology with an immediate evaluation based on its analysis.

"Our new Mobileye distribution facility expands the company's operations and provides more space and better access for our customers," says Boaz Bagbag, vice president and co-owner of Luxury One Corp. "We are very proud of this new location, which will help us continue to provide the highest quality customer service."

This technology is also highlighted in a new initiative by the NYC Taxi and Limousine Commission announced in June. This initiative will equip taxis and limos with this new 'black box' technology to monitor driving as well as providing data analytics to promote safer driving. The new devices will track speed, acceleration, hard braking and abrupt turns with the goal of making driving safer for both the driver and passengers and ultimately save lives.

This program is part of an initiative called for in Mayor de Blasio's Vision Zero plan to reduce traffic fatalities and outlines actions the TLC, Department of Transportation, New York Police Department, other agencies, the public, and the private sector can take to end traffic-related deaths in New York City by 2020.

"If we can give you two seconds of warning, we can mitigate or completely avoid 90 percent of the rear-end crashes," says Mark Medawar of Mobileye Inc.

As a distributor, Luxury One Corp has begun installing this technology in NYC taxis and limos and projects an increase in production as Vision Zero continues its ongoing initiative.

"I've been fortunate to use this technology myself because it saves lives and gives drivers a real safety advantage letting you know when you're going to be in an accident and then you can take preventive measures," adds Bagbag. "The technology also acts by teaching safety lessons, giving warnings before a crash, and as a result drivers are learning not to make the same mistakes over and over again."

Serving individuals, businesses and government agencies, Luxury One Corp's new facility can provide this new safety technology on any vehicle and has vehicles available for sale and lease to meet any budget and need.

ABOUT LUXURY ONE CORP

Luxury One Corp by Boaz Bagbag and Tomer Zur is a North American distributor of Mobileye technology and opened a new distribution facility located at 528 West 39th Street in Manhattan, New York. The new facility is 40,000 square feet of space and is open 24 hours a day, 7 days a week for installation of Mobileye's new real-time collision avoidance technology. For more information, visit Luxury One Corp.

SOURCES

NYC Taxis Testing New Safety Technology, Including 'Black Box' Recorders

Vision Zero

SOURCE Luxury One Corp