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The SaverOne solution will be delivered to IVECO consumers in a SaaS model
Petah Tikvah, Israel, March 27, 2024 (GLOBE NEWSWIRE) — SaverOne 2014 Ltd. (Nasdaq: SVRE, TASE: SVRE), a generation company that expands and sells transportation protection solutions, announced that it has signed an OEM agreement with IVECO, the logo of the Iveco N. V. Group. (e. g. IVG), which designs, manufactures and markets light, medium and heavy advertising vehicles. The agreement seals the collaboration to expand a solution that avoids driver distractions due to mobile phone use.
The OEM agreement covers the integration of SaverOne’s protection generation into IVECO cars through its production line. As a first step, in 2024, SaverOne software will be incorporated into IVECO hardware. It is possible that future advancements will come with the integration of SaverOne’s mobile application with IVECO’s cell phone. app, as well as SaverOne’s hardware and software within IVECO’s meeting line. The first IVECO cars supplied with the built-in SaverOne software solution are expected to be delivered this year.
IVECO and SaverOne will also collaborate within their service centers to offer comprehensive assistance to drivers using this technology.
The SaverOne solution will be delivered to IVECO consumers in a software-as-a-service model. It will be a component of IVECO’s portfolio of services and will be delivered to consumers under IVECO’s advertising responsibility. Technical progression and integration will be covered through SaverOne.
Fabrizio Conicella, Head of Digital and Advanced Technologies at the Iveco Group, commented: “We are very pleased to participate in this partnership with SaverOne, a collaboration that underlines the Iveco Group’s commitment to leading the way in maritime transport protection and innovation. The integration of SaverOne Generation into our trucks advances our efforts to offer our consumers only the most reliable and powerful vehicles on the market, but also the safest.
Ori Gilboa, CEO of SaverOne, said: “We are very pleased to sign this historic OEM agreement with IVECO, one of Europe’s leading car manufacturers. We believe this agreement represents a vital strategic progression that greatly expands our presence in European markets. . Integrate our complex motive power protection solution into IVECO’s production line, giving us direct access to IVECO’s global visitor base. We look forward to a fruitful collaboration with IVECO and are excited about the positive effect our joint efforts will have on making roads. safer. ” for everyone. “
About IVECOIVECO is the logo of the Iveco N. V. Group. (EXM: IVG) which designs, manufactures and markets a wide variety of light, medium and heavy advertising cars, SUVs and cars suitable for all body styles.
It is constantly innovating and expanding its product diversity to provide each visitor with the vehicle that exactly matches its mission. Its comprehensive offering is designed around the driver’s wishes to provide a seamless experience with a focus on protection and comfort. A wide diversity of advanced connectivity-based virtual facilities evolved to help fleet owners manage their fleet successfully. IVECO’s end-to-end shipping solution. IVECO is carrying out its decarbonization strategy through a multi-energy strategy that includes the further advancement of biomethane, battery electric power and mobile fuel technologies.
IVECO operates 7 production plants and 8 study and progression centers. It has 3,500 points of sale and service in more than 160 countries, which guarantee the technique wherever an IVECO vehicle works.
IVECO is leading the market by driving the transformation of the shipping sector, driven by the ambition to be the most reliable partner and integral player for its customers.
About the SaverOne systemSaverOne is installed in mobile cars to provide a solution to the problem of driver distraction, caused by drivers distracting their mobile phone apps while driving, endangering their safety and that of their passengers. This phenomenon is considered to be one of the leading causes of road traffic injuries worldwide. According to the U. S. National Highway Traffic Safety Administration,According to the U. S. Highway Traffic Injury Rate, the annual cost of traffic injuries in the U. S. alone. UU. es about $870 billion each year, not adding the prices of serious injury or death. , and it’s estimated that a quarter of those accidents are similar to cell phone use while driving. The SaverOne generation in particular recognises the driver’s mastery in the vehicle and prevents the driver from accessing distracting programs, such as messages, while allowing others (e. g. navigation). , calls), without user intervention or consent, creating a safer driving environment.
SaverOne’s main target markets include advertising and personal vehicle fleets, in addition to public transportation and buses, which need to reduce potential damage and significant costs, car brands that need to integrate protection solutions into their vehicles, as well as insurance and leasing companies. SaverOne first serves car fleets with a focus on the Israeli, European and American markets, as well as other markets around the world. SaverOne believes that ultimately, the major focus is on tracking and preventing distraction cellular systems in vehicles, especially due to the upcoming expected European regulation will likely have a significant positive effect on demand for its systems in the future.
The Company’s strategy is to supply its installation generation to aftermarket consumers, as well as to stand up to OEMs, to install the Company’s hedging technologies in the vehicle production process.
About SaverOne
SaverOne is a generation company dedicated to the design, development and marketing of OEM and aftermarket solutions and technologies to protect and protect your car accidents.
SaverOne’s first product line is a set of life-saving responses by preventing car injuries resulting from the distraction of mobile phones while driving. SaverOne is also introducing a sensor formula for early detection of location and direction in all visibility situations of vulnerable road users (VRUs) through the fingerprints of their mobile phones.
Learn more about https://saver. one/
Forward-Looking Statements This press release includes “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act and other securities laws that are subject to significant risks and uncertainties. All statements, other than statements of past fact, included in this press release are forward-looking statements. Forward-looking statements included in this press release include, but are not limited to, statements regarding SaverOne’s business and strategic plans, generation, relationships, objectives and expectations for its business, the effect of trends and interest in its business, intellectual assets. or product and its long-term effects, operations, functionality and monetary position, and would possibly be known by the use of words such as “anticipate”, “believe”, “consider”, “possibly”, “estimate”, “expect”. “, “intends”, “seeks”, “can”, “can also simply”, “plans”, “potential”, “predicts”, “projects”, “objective”, “objective”, “should”, “will ””, “would” or the negative of those words or other similar expressions, although not all forward-looking statements involve those words. Forward-looking statements are based on SaverOne’s existing expectations and are subject to inherent uncertainties, hazards and assumptions that are Forward-looking statements are based on assumptions about long-term events that may not prove true. Many points may also cause SaverOne’s actual activities or effects to differ materially from the activities and effects expected in those forward-looking statements. Factors that also could cause our actual effects to differ materially from those expressed or implied by such forward-looking statements include, but are not limited to: our generation’s ability to materially improve motive power safety; our expected level of revenues and capital expenditures and our ability to continue as a going concern; our generation’s ability to especially improve motive power safety; our ability to market and sell our products; our plans to continue investing in studies and advancements to expand technologies for new and existing products; our goal to advance our technologies and commercialization efforts; our goal to use local distributors in each country or region in which we operate to distribute our products or generation; our plan to pursue patents, trademarks and other intellectual asset rights for our products and technologies in the United States and internationally, as well as our ability to maintain and protect the validity of our rights to intellectual assets that we already own; our expectations related to long-term adjustments to our revenue charge and operating expenses; our expectations related to our tax classifications; interpretations of existing legislation and adoption of long-term legislation; acceptance of our business model by investors; the ability to appropriately identify and introduce new markets; the influence of the festival and new technologies; general market, political and economic situations in the countries in which we operate; projected capital and liquidity expenditures; our aim to retain key workers and our confidence that we maintain smart relationships with all our workers; any resurgence of the COVID-19 pandemic and its effects on our industry and our industry; and other dangers and uncertainties, including, but not limited to, those dangers detailed in the Company’s Annual Report on Form 20-F filed with the United States Securities and Exchange Commission (the “SEC”)) on April 27 of 2023 and in documents subsequently presented to the second. The forward-looking statements involved in this announcement are made as of this date and SaverOne assumes no legal responsibility to update this data unless required by applicable law.
International Investor Relations Contact: Ehud Helft 1 212 378 8040saverone@ekgir. com Israeli Investor Contact: Jonathan EilatJohn@theinvestor. co. il