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SaverOne Named to TIME's List of the Best of Inventions of 2025
Globenewswire· 2025-10-09 12:45
Petah Tikvah, Israel, Oct. 09, 2025 (GLOBE NEWSWIRE) -- SaverOne 2014 Ltd. (Nasdaq: SVRE, TASE: SVRE), a technology company specializing in developing transportation safety solutions, today announced that TIME revealed its annual list of the Best Inventions, which features 300 extraordinary innovations that are changing lives. Included in this year’s list is the SaverOne System, which proactively detects and blocks unsafe phone use in real time, preventing distractions before they become a risk to drivers. ...
SaverOne Signs New Distribution Agreement in Canada
Newsfilter· 2025-04-16 12:30
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]