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Sfara announces market release of mobile-based, ultra low-speed crash detection

After several years of intensive testing in labs, in the field, and through
commercial deployment by a major OEM, Sfara is releasing to the general
market its ultra low-speed crash detection technology for smartphones. This
is important news to industries associated with First Notice of Loss (FNOL),
where having near immediate notice of a collision provides opportunities to
significantly increase the value of post-collision and repair economics.

Sfara recently announced that its crash detection provides two of the most
valuable forms of FNOL, automatic and on-scene. Now, it’s adding ultra
low-speed detections, completing the strongest FNOL offering on the market.

Sfara is now able to reliably detect collisions down to 9 mph, while
achieving industry breakthrough performance with their ESP false positive
suppression technology.

Embedded and aftermarket solutions are often not capable of detections in
these lower speeds and/or they consistently generate costly false positives.

“The ability to detect collisions at low speeds opens up new revenue streams
for industries concerned with First Notice of Loss (FNOL), mainly
traditional insurance companies, automotive OEMs, and emerging hybrids that
are disrupting traditional models,” said Erik Goldman, CEO of Sfara.

Competitor technologies typically work best in higher speed bands. However,
at these speeds vehicles experience total loss, so there is no way to
orchestrate the repair experience for a customer or take advantage of post
collision economics.

Detecting low-speed collisions provides significant opportunities for
relevant companies to offer white-glove services and control the
post-collision response and repair experience. This includes avoiding double
towing fees, keeping the vehicle in-network, and getting it repaired at
Direct Repair Shops (DRPs), while also controlling parts and costs.

“With outreach programs, automotive OEMs outfitting their customers with
Sfara’s crash detection can expect to see an increase of vehicles in their
service bays from collisions that might not otherwise have been reported or
serviced in authorized dealerships,” said Rocco Tricarico, CMO of Sfara.

Sfara’s crash detection is available as a secure, privacy-focused platform
architected for easy international deployment. An enterprise can integrate
and launch Sfara’s capabilities in their own app in as little as 10-13
weeks. Plus, Sfara’s technologies are mobile-based and don’t require
additional hardware, wiring, dongles or windshield tags.

Visit http://www.sfara.com for more.

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