SaverOne to Deploy Driver Safety Systems Across Oz Group’s Fleet

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]