Core Viewpoint - SaverOne 2014 Ltd. has expanded its collaboration with Cemex by signing a new agreement to deploy its Driver Distraction Prevention System (DDPS) across Cemex's fleet in Europe, marking a significant step in its global expansion strategy [1][3]. Company Overview - SaverOne is a technology company focused on developing transportation safety solutions, particularly aimed at preventing driver distraction caused by mobile phone usage while driving [5][8]. - The company's DDPS technology is designed to enhance road safety by restricting access to distracting applications while allowing essential functions like navigation [5][6]. Industry Context - The global market for driver distraction prevention solutions is expected to grow, driven by increasing regulatory focus on vehicle safety and the rising costs associated with road accidents, which in the U.S. alone amount to approximately $870 billion annually [5][6]. - SaverOne targets commercial and private vehicle fleets, vehicle manufacturers, and insurance companies, with a strategic focus on markets in Israel, Europe, and the U.S. [6][8]. Partnership with Cemex - The new agreement with Cemex signifies a strong endorsement of SaverOne's DDPS, as Cemex has previously implemented the solution in other regions, showcasing its effectiveness [2][3]. - Cemex is recognized as a leading global construction materials company committed to sustainability and innovation, aligning with SaverOne's mission to enhance safety through advanced technology [4][5].

Core Points - SaverOne has signed a new commercial agreement with CEMEX Logistik GmbH for the installation of Driver Distraction Prevention Systems in CEMEX's fleet of approximately 1,000 trucks [1][2] - This agreement enhances the collaboration between SaverOne and CEMEX, following previous deployments in Israel, Spain, and the Czech Republic [2][3] - CEMEX emphasizes the importance of safety and efficiency in logistics operations, citing positive results from similar implementations across Europe [3] - SaverOne's technology aims to address driver distraction, a leading cause of road accidents, by preventing access to distracting applications while allowing necessary functions like navigation [5][6] - The annual cost of road accidents in the U.S. is approximately $870 billion, with a quarter of these accidents linked to mobile phone use while driving [5] - SaverOne targets commercial and private vehicle fleets, vehicle manufacturers, and insurance companies, focusing on markets in Israel, Europe, and the U.S. [6][9] - The company plans to expand its technology offerings in the aftermarket and collaborate with OEM vehicle manufacturers for integration during production [7][9] Company Overview - CEMEX is a global leader in construction materials and solutions, committed to sustainability and carbon neutrality through innovation [4] - The company offers a range of products including cement, ready-mix concrete, and aggregates, supported by a multinational workforce and digital technologies [5] - SaverOne specializes in developing transportation safety solutions to reduce vehicle accidents caused by driver distraction [9]

Core Insights - SaverOne 2014 Ltd. has entered the Canadian market through a distribution agreement with MRF Geosystems, targeting sales of 1,000 units in the first six months [1][2][4] Group 1: Distribution Agreement - The agreement grants MRF Geosystems conditional exclusive rights to sell, install, and support the SaverOne System in Alberta [1][2] - MRF is expected to achieve sales of at least 1,000 units during the six-month exclusivity period [2] - MRF may also market SaverOne's solutions in other Canadian provinces on a non-exclusive basis [2] Group 2: Company Background - SaverOne develops advanced transportation safety solutions aimed at preventing driver distraction caused by mobile phone usage [5][10] - The technology specifically prevents access to distracting applications while allowing essential functions like navigation and calls [5] - The company targets commercial and private vehicle fleets, vehicle manufacturers, and insurance companies [6][10] Group 3: Market Context - Distracted driving is a significant issue, contributing to a substantial number of road accidents, with the annual cost of road accidents in the U.S. estimated at $870 billion [5] - The technology addresses the growing international demand for driver distraction prevention solutions [4] - Upcoming EU regulations are expected to increase demand for cellular distraction monitoring systems in vehicles [6]