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SaverOne Signs Sales & Marketing Agreement with US-based TOJ Jax Targeting Major US Trucking Fleets
GlobeNewswire News Roomยท 2025-07-08 12:30
Core Viewpoint - SaverOne 2014 Ltd. has signed a sales and marketing agreement with TOJ Jax LLC to enhance its market presence in the U.S. trucking and logistics industry, focusing on mobile distraction prevention systems for large commercial fleets [1][2][3][4]. Company Overview - SaverOne is a technology company focused on developing transportation safety solutions, particularly aimed at reducing vehicle accidents caused by driver distraction [11]. - TOJ Jax LLC is a Florida-based agency specializing in the trucking and logistics fleet sector, led by industry veterans Steven Silverman and Richard Sisisky [5][6]. Partnership Details - The agreement grants TOJ Jax exclusivity in the U.S. for large fleet operators with over 500 vehicles and includes aggressive annual sales targets [2]. - TOJ Jax will leverage its extensive industry experience and connections to drive sales and market penetration of SaverOne's systems among major U.S. fleets [2][4]. Market Impact - This partnership is a strategic move for SaverOne to access major fleet customers, potentially leading to significant sales growth and a stronger presence in the U.S. transportation industry [3][4]. - SaverOne's technology addresses a critical issue, as the U.S. National Highway Traffic Safety Administration estimates that road accidents cost approximately $870 billion annually, with a significant portion linked to mobile phone use while driving [7]. Product Offering - SaverOne's system is designed to prevent driver distraction by restricting access to distracting applications while allowing essential functions like navigation and calls [7]. - The primary target markets for SaverOne include commercial and private vehicle fleets, vehicle manufacturers, and insurance companies, with a focus on reducing costs associated with accidents [8].