Preliminary set up on 20 of Moviley Dror’s native supply vehicles out of 150 in Israel

PETAH TIKVAH, Israel, Sept. 29, 2022 /PRNewswire/ — SaverOne 2014 Ltd. (Nasdaq: SVRE, TASE: SVRE), a expertise firm engaged in transportation security options, immediately introduced the set up of the SaverOne Safety System into the vehicles of Moviley Dror, the native transportation accomplice of Fritz, which is a frontrunner in worldwide logistics and transport for the availability chain market and a accomplice of worldwide transport big, FedEx.

Within the first part, SaverOne techniques will probably be put in into an preliminary batch of 20 vehicles out of a fleet of 150 vehicles in Israel. The potential for SaverOne is to increase gross sales throughout Moviley Dror’s whole fleet in Israel and in the end penetrate the fleets of its companions each regionally and globally.

Mr. Gilboa, CEO of SaverOne commented, “That is one other profitable penetration for SaverOne, which provides us substantial potential to increase our footprint within the coming months and years. It’s according to our technique of initially focusing our efforts on transportation corporations within the native market that may supply sturdy potential for world growth. We stay up for additional rising our gross sales and advancing our technique of constructing relationships with multinational organizations.”

Concerning the SaverOne System

SaverOne techniques could be put in in personal automobiles, vehicles and buses and supply an answer to the issue of driver distraction away from the street, that outcomes from drivers utilizing particular distracting functions on the cell gadget whereas driving, in a manner that endangers their security and the protection of passengers. This phenomenon is taken into account one of many principal causes of street accidents on the planet. Based on the US Nationwide Freeway Site visitors Security Administration, the annual price of street accidents simply in the USA, stands at about $870 billion every year, excluding the prices of great harm or dying, with 1 / 4 of these accidents estimated to be associated to the usage of the cell gadget whereas driving.

SaverOne’s expertise particularly acknowledges the driving force space within the car and prevents the driving force from accessing distracting functions corresponding to messaging whereas permitting navigation, with out person intervention or consent, making a safer driving atmosphere.

SaverOne’s main goal markets embody industrial and personal car fleets, in addition to insurance coverage and leasing corporations which can be very considering decreasing potential damages and important prices. SaverOne is initially addressing automobile fleets with concentrate on the Israeli, European and US markets, in addition to different markets all over the world. SaverOne believes that in the end elevated concentrate on monitoring and prevention of mobile distraction techniques in automobiles, specifically pushed by upcoming anticipated EU regulation, will doubtless have a dramatic constructive affect on the demand for its techniques sooner or later. The Firm’s longer-term technique is to deal with car producers, to put in the Firm’s safety applied sciences within the car manufacturing course of as an OEM.

About SaverOne

SaverOne is a expertise firm engaged within the design, improvement and commercialization of transportation security options designed to save lots of lives by stopping automobile accidents ensuing from distraction, by way of cell phones whereas driving. The SaverOne system gives a sophisticated driver security answer that may determine and monitor cell phones positioned within the driver’s neighborhood and selectively block use of distracting functions which will turn into life-threatening.

Be taught extra at https://saver.one/

Ahead Trying Statements

This press launch incorporates “forward-looking statements” throughout the that means of the Personal Securities Litigation Reform Act and different securities legal guidelines which can be topic to substantial dangers and uncertainties. All statements, aside from statements of historic truth, contained on this press launch are forward-looking statements. Ahead-looking statements contained on this press launch could also be recognized by way of phrases corresponding to “anticipate,” “consider,” “ponder,” “may,” “estimate,” “count on,” “intend,” “search,” “might,” “may,” “plan,” “potential,” “predict,” “challenge,” “goal,” “intention,” “ought to,” “will” “would,” or the adverse of those phrases or different comparable expressions, though not all forward-looking statements include these phrases. Ahead-looking statements are based mostly on SaverOne’s present expectations and are topic to inherent uncertainties, dangers and assumptions which can be tough to foretell. Additional, sure forward-looking statements are based mostly on assumptions as to future occasions that won’t show to be correct. Many elements may trigger SaverOne’s precise actions or outcomes to vary materially from the actions and outcomes anticipated in such forward-looking statements. Components that might trigger our precise outcomes to vary materially from these expressed or implied in such forward-looking statements embody, however aren’t restricted to: the power of our expertise to considerably enhance the protection of drivers; our deliberate stage of revenues and capital expenditures; our potential to market and promote our merchandise; our plans to proceed to put money into analysis and improvement to develop expertise for each present and new merchandise; our intention to advance our applied sciences and commercialization efforts; our intention to make use of native distributors in every nation or area that we are going to conduct enterprise to distribute our merchandise or expertise; our plan to hunt patent, trademark and different mental property rights for our merchandise and applied sciences in the USA and internationally, in addition to our potential to take care of and defend the validity of our presently held mental property rights; our expectations relating to future adjustments in our price of revenues and our working bills; our expectations relating to our tax classifications; interpretations of present legal guidelines and the passage of future legal guidelines; acceptance of our enterprise mannequin by buyers; the power to accurately determine and enter new markets; the affect of competitors and new applied sciences; basic market, political and financial circumstances within the international locations wherein we function; projected capital expenditures and liquidity; our intention to retain key workers, and our perception that we preserve good relations with all of our workers; the affect of the COVID-19 pandemic, and ensuing authorities actions on us; and different dangers and uncertainties, together with these listed within the part titled “Threat Components” within the remaining prospectus on Type 424b4 filed with the Securities and Change Fee on June 6, 2022. Ahead-looking statements contained on this announcement are made as of this date, and SaverOne undertakes no obligation to replace such info besides as required below relevant regulation.

SOURCE SaverOne