Preliminary set up on 20 of Moviley Dror’s native supply vans 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, right this moment introduced the set up of the SaverOne Safety System into the vans of Moviley Dror, the native transportation accomplice of Fritz, which is a frontrunner in worldwide logistics and delivery for the availability chain market and a accomplice of worldwide delivery big, FedEx.

Within the first section, SaverOne methods will probably be put in into an preliminary batch of 20 vans out of a fleet of 150 vans in Israel. The potential for SaverOne is to develop gross sales throughout Moviley Dror’s total fleet in Israel and finally penetrate the fleets of its companions each domestically and globally.

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

In regards to the SaverOne System

SaverOne methods could be put in in personal automobiles, vans and buses and supply an answer to the issue of driver distraction away from the highway, that outcomes from drivers utilizing particular distracting functions on the cellular gadget whereas driving, in a method that endangers their security and the security of passengers. This phenomenon is taken into account one of many principal causes of highway accidents on this planet. In line with the US Nationwide Freeway Visitors Security Administration, the annual value of highway accidents simply in the US, stands at about $870 billion every year, excluding the prices of great damage or loss of life, with 1 / 4 of these accidents estimated to be associated to using the cellular gadget whereas driving.

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

SaverOne’s major goal markets embrace business and personal automobile fleets, in addition to insurance coverage and leasing firms which are very excited by decreasing potential damages and vital prices. SaverOne is initially addressing automotive fleets with concentrate on the Israeli, European and US markets, in addition to different markets around the globe. SaverOne believes that finally elevated concentrate on monitoring and prevention of mobile distraction methods in automobiles, particularly pushed by upcoming anticipated EU regulation, will possible have a dramatic optimistic influence on the demand for its methods sooner or later. The Firm’s longer-term technique is to deal with automobile producers, to put in the Firm’s safety applied sciences within the automobile manufacturing course of as an OEM.

About SaverOne

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

Study extra at https://saver.one/

Ahead Trying Statements

This press launch accommodates “forward-looking statements” throughout the that means of the Personal Securities Litigation Reform Act and different securities legal guidelines which are topic to substantial dangers and uncertainties. All statements, apart 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 akin to “anticipate,” “imagine,” “ponder,” “might,” “estimate,” “anticipate,” “intend,” “search,” “could,” “would possibly,” “plan,” “potential,” “predict,” “undertaking,” “goal,” “purpose,” “ought to,” “will” “would,” or the unfavourable of those phrases or different comparable expressions, though not all forward-looking statements include these phrases. Ahead-looking statements are primarily based on SaverOne’s present expectations and are topic to inherent uncertainties, dangers and assumptions which are troublesome to foretell. Additional, sure forward-looking statements are primarily based on assumptions as to future occasions that will not show to be correct. Many components might trigger SaverOne’s precise actions or outcomes to vary materially from the actions and outcomes anticipated in such forward-looking statements. Elements that might trigger our precise outcomes to vary materially from these expressed or implied in such forward-looking statements embrace, however will not be restricted to: the flexibility of our expertise to considerably enhance the security of drivers; our deliberate degree of revenues and capital expenditures; our skill to market and promote our merchandise; our plans to proceed to spend money on analysis and growth to develop expertise for each current 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 US and internationally, in addition to our skill to take care of and defend the validity of our presently held mental property rights; our expectations concerning future modifications in our value of revenues and our working bills; our expectations concerning our tax classifications; interpretations of present legal guidelines and the passage of future legal guidelines; acceptance of our enterprise mannequin by traders; the flexibility to appropriately determine and enter new markets; the influence of competitors and new applied sciences; common market, political and financial circumstances within the international locations during which we function; projected capital expenditures and liquidity; our intention to retain key staff, and our perception that we keep good relations with all of our staff; the influence of the COVID-19 pandemic, and ensuing authorities actions on us; and different dangers and uncertainties, together with these listed within the part titled “Danger Elements” within the last prospectus on Kind 424b4 filed with the Securities and Alternate 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 data besides as required underneath relevant regulation.

SOURCE SaverOne