Core Viewpoint - SaverOne Systems has signed an agreement with Oz Group to install 100 safety technology systems in their fleet, which includes trucks and private cars, highlighting the growing recognition of the need for driver distraction mitigation solutions in the transportation industry [1][2][3]. Group 1: Agreement and Deployment - The agreement involves deploying SaverOne Systems across Oz Group's fleet of 100 vehicles, starting with 30 systems in trucks, with plans for future expansion [2]. - The collaboration aims to enhance safety for drivers and other road users, reflecting the increasing demand for solutions that address driver distraction [3]. Group 2: Technology and Market Impact - SaverOne's technology addresses driver distraction caused by mobile phone usage, which is a leading cause of road accidents globally, with the annual cost of road accidents in the U.S. estimated at $870 billion [3]. - The company targets commercial and private vehicle fleets, vehicle manufacturers, and insurance companies, focusing on markets in Israel, Europe, and the U.S. [4]. Group 3: Future Outlook and Strategy - SaverOne plans to integrate its technology into both aftermarket solutions and during the vehicle manufacturing process, aiming to capitalize on upcoming EU regulations that may increase demand for distraction prevention systems [5][4]. - The company is also developing a sensor system for detecting vulnerable road users through their cellphone footprint, indicating a commitment to advancing safety technology [7].

Core Points - SaverOne Systems has signed an agreement with Oz Group to install 100 systems in their fleet of vehicles, including trucks and private cars [1][2] - The initial deployment phase will see 30 systems installed in trucks, with plans for future expansion to the entire fleet [2] - The technology aims to mitigate driver distraction caused by mobile phone usage, which is a leading cause of road accidents globally [3] Company Overview - SaverOne is a technology company focused on developing solutions to reduce vehicle accidents caused by driver distraction [6] - The company targets commercial and private vehicle fleets, vehicle manufacturers, and insurance companies, primarily in the Israeli, European, and US markets [4] - SaverOne's technology prevents access to distracting applications while allowing necessary functions like navigation, enhancing overall road safety [3][4] Market Potential - The annual cost of road accidents in the US is approximately $870 billion, with a significant portion attributed to mobile phone usage while driving [3] - Upcoming EU regulations are expected to increase demand for cellular distraction prevention systems, positively impacting SaverOne's market opportunities [4] - The company plans to provide its technology to both aftermarket customers and OEM vehicle manufacturers [5]

Petah Tikvah, Israel, Jan. 13, 2025 (GLOBE NEWSWIRE) -- SaverOne 2014 Ltd. (Nasdaq: SVRE, TASE: SVRE), a technology leader in advanced transportation safety solutions, is pleased to announce a new distribution agreement with uniSmart Vertriebs GmbH (“uniSmart”), a prominent German-based distributor specializing in fleet safety and technology integration. uniSmart, headquartered in Wendendelstein, provides solutions for logistics and transportation companies across Germany and abroad. The company resells, in ...

This 12th patent granted out of a portfolio of 23 covers SaverOne's innovative phone location identification technology to prevent distraction while driving Petah Tikvah, Israel, Dec. 30, 2024 (GLOBE NEWSWIRE) -- SaverOne 2014 Ltd. (NASDAQ:SVRE, TASE: SVRE)), a technology company engaged in transportation safety solutions, is pleased to announce the award by the United States Patent and Trademark Office (USPTO) of a new patent. The patent, bearing the number 12,174,309 and issued on December 24, 2024, is en ...

SaverOne received a follow-on order reflecting further growth potential within this major international food manufacturer Petah Tikvah, Israel, Dec. 27, 2024 (GLOBE NEWSWIRE) -- SaverOne 2014 Ltd. (NASDAQ:SVRE, TASE: SVRE)), a leading innovator in transportation safety technology, is pleased to announce an expansion of its deployment within another division of a global food manufacturer's subsidiary in Israel. This follows the successful implementation of SaverOne Systems in various trucks and vehicles ear ...

SaverOne received a follow-on order reflecting further growth potential within this major international food manufacturer Petah Tikvah, Israel, Dec. 27, 2024 (GLOBE NEWSWIRE) -- SaverOne 2014 Ltd. (Nasdaq: SVRE, TASE: SVRE), a leading innovator in transportation safety technology, is pleased to announce an expansion of its deployment within another division of a global food manufacturer’s subsidiary in Israel. This follows the successful implementation of SaverOne Systems in various trucks and vehicles ear ...

Petah Tikvah, Israel, Dec. 17, 2024 (GLOBE NEWSWIRE) -- SaverOne 2014 Ltd. (Nasdaq: SVRE, TASE: SVRE), a technology company that develops and sells advanced transportation safety solutions, today announced it has signed a new distribution agreement with Smartfits Installations Ltd. (Smartfits) to bring its driver distraction prevention technology to fleets across the United Kingdom. Smartfits, based in Burton on Trent, central England, specializes in fleet safety and technology integrations, serving a dive ...

200 SaverOne systems to be installed in the subsidiary in Spain Petah Tikvah, Israel, Nov. 19, 2024 (GLOBE NEWSWIRE) -- SaverOne 2014 Ltd. (Nasdaq: SVRE, TASE: SVRE), a technology company that develops and sells advanced transportation safety solutions, today announced that following the press release issued on September 6, 2023, and following the successful completion of a pilot, a commercial agreement was signed with the Spanish subsidiary of a multinational company in the construction sector. Under the a ...

SaverOne accelerates its European expansion as part of its global growth strategy Petah Tikvah, Israel, Oct. 09, 2024 (GLOBE NEWSWIRE) -- SaverOne 2014 Ltd. (Nasdaq: SVRE, TASE: SVRE), a technology company that develops and sells advanced transportation safety solutions, announced today the signing of a new distribution agreement in Spain and Portugal with Sistemas ADAS, a leading distributor in transportation safety solutions, advanced driver assistance systems (ADAS) and telematics. This new distribution ...

Core Insights - SaverOne 2014 Ltd. has announced an extension of its agreement with Froneri to update and equip SaverOne systems across Froneri's entire fleet in Israel, highlighting the effectiveness of SaverOne's technology in enhancing transportation safety [1][3] Company Overview - SaverOne is a technology company focused on developing and selling advanced transportation safety solutions, particularly aimed at reducing driver distraction caused by mobile phone usage [4][8] - The company targets commercial and private vehicle fleets, including public transportation, vehicle manufacturers, and insurance companies, with a focus on markets in Israel, Europe, and the US [5] Technology and Solutions - SaverOne's system addresses driver distraction by preventing access to distracting applications while allowing essential functions like navigation and calls, thereby creating a safer driving environment [4] - The company has developed a Vulnerable Road User (VRU) solution that enhances Advanced Driver Assistance System (ADAS) sensors, improving detection of pedestrians and cyclists in various conditions [7] Market Potential - The annual cost of road accidents in the US is approximately $870 billion, with a significant portion attributed to mobile phone usage while driving, indicating a substantial market opportunity for SaverOne's solutions [4] - Upcoming EU regulations are expected to increase demand for cellular distraction monitoring systems, which could positively impact SaverOne's sales [5]