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SaverOne Signs Agreement with Fandango to Deploy its Driver Distraction Prevention Solution Across Heavy Truck Fleet
Globenewswireยท 2025-09-03 12:30
Core Viewpoint - SaverOne 2014 Ltd. has signed an agreement with Fandango to deploy its Driver Distraction Prevention Solution across Fandango's heavy truck fleet, reinforcing its strategic presence in the heavy-truck sector [1][3]. Group 1: Agreement and Impact - The agreement follows a successful pilot program that demonstrated significant driver behavioral changes and a reduction in the use of distracting mobile applications while driving [2]. - The deployment of SaverOne's technology is expected to reduce accidents, lower potential liability claims, improve fleet availability, and decrease overall costs for Fandango [3]. Group 2: Company Positioning and Technology - SaverOne's CEO highlighted the agreement as validation of the safety and operational value of their solution, indicating growing momentum in the heavy-truck sector [4]. - SaverOne's system 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 [5]. - The technology allows drivers to access navigation applications while preventing access to distracting apps, thereby enhancing safety [5]. Group 3: Market Focus and Strategy - SaverOne targets commercial and private vehicle fleets, vehicle manufacturers, and insurance companies, with a focus on reducing costs and damages [6]. - The company aims to integrate its technology into both aftermarket solutions and during the vehicle manufacturing process [7]. - An anticipated increase in regulations in the EU regarding cellular distraction systems is expected to positively impact demand for SaverOne's solutions [6].