Preliminary pilot within the operational space of Ben Gurion Airport

PETAH TIKVAH, Israel, Sept. 15, 2022 /PRNewswire/ —  SaverOne 2014 Ltd. (Nasdaq: SVRE) (TASE: SVRE), a know-how firm engaged in transportation security options, at the moment shared the next announcement made by the Israel Airports Authorities, operator of Ben Gurion Airport in Tel Aviv, a abstract of which seems under:

The preventing of visitors accidents with the assistance of the SaverOne system in Israel: an preliminary pilot within the operational areas of Ben Gurion Airport will forestall drivers from utilizing their cell telephones, sending messages, and many others.

The know-how will assist forestall accidents within the operational space of Ben Gurion Airport, an space which is filled with automobiles and planes.

The SaverOne system, from an Israeli early-stage firm with an answer for stopping cell phone distraction whereas driving, was put in as a pilot trial in automobiles within the operational areas of Ben Gurion Airport.

The system put in within the car disables a driver’s skill to make use of their cellphone whereas driving, aside from receiving incoming calls, navigation and listening to music. The benefit of the pilot is that it doesn’t intervene with receiving work directions however doesn’t enable undesirable lively use of the cellphone. The system solely impacts the motive force’s space, whereas different passengers are unrestricted and ready to make use of their cell phones as ordinary.

Thus far, the SaverOne system has additionally been put in by the Israel Electrical Firm, Osem, Tnuva, Strauss, ICL, Electra Afikim, in addition to different corporations.

Hagai Topolansky, CEO of the Israel Airport Authority, who instructed that the pilot ought to be carried out, commented, “An essential ingredient in enhancing our companies, is the concentrate on security in our operational areas and the advance of companies that we offer to the planes and airways. We intend to battle accidents which may be attributable to human distraction with the assistance of superior applied sciences, mixed with innovation and effectivity for passenger service.”

Following the announcement, Mr. Gilboa, CEO of SaverOne commented, “This represents our first penetration into an airport, a closed facility with extremely delicate, costly, and demanding tools the place probably an accident will likely be very expensive. Drivers use their telephones for managing their workload and our system will be certain that that is completed safely and so they can drive with out distraction inside the delicate areas of the airport. Airports are one other extremely strategic marketplace for us and we see this as a primary penetration into one other vertical. We sit up for working carefully with different airport authorities around the globe to cut back accidents attributable to distracted drivers inside their delicate operational areas.”  

Concerning the SaverOne System

SaverOne techniques might be put in in personal automobiles, vehicles and buses and supply an answer to the issue of driver distraction away from the street, that outcomes from drivers utilizing particular distracting functions on the cellular machine whereas driving, in a approach that endangers their security and the security of passengers. This phenomenon is taken into account one of many fundamental causes of street accidents on this planet. In response to the US Nationwide Freeway Visitors Security Administration, the annual value of street accidents simply in the US, stands at about $870 billion annually, excluding the prices of great harm or loss of life, with 1 / 4 of these accidents estimated to be associated to the usage of the cellular machine whereas driving.

SaverOne’s know-how particularly acknowledges the motive force space within the car and prevents the motive force from accessing distracting functions reminiscent of messaging whereas permitting navigation, with out person intervention or consent, making a safer driving setting.

SaverOne’s main goal markets embody business and personal car fleets, in addition to insurance coverage and leasing corporations which can be very all for decreasing potential damages and important prices. SaverOne is initially addressing automotive fleets with concentrate on the Israeli, European and US markets, in addition to different markets around the globe. SaverOne believes that in the end elevated concentrate on monitoring and prevention of mobile distraction techniques in automobiles, particularly pushed by upcoming anticipated EU regulation, will doubtless have a dramatic optimistic influence on the demand for its techniques sooner or later. The Firm’s longer-term technique is to deal with car producers, to put in the Firm’s safety applied sciences within the car manufacturing course of as an OEM.

About SaverOne

SaverOne is a know-how firm engaged within the design, growth and commercialization of transportation security options designed to avoid wasting lives by stopping automotive accidents ensuing from distraction, by way of cell phones whereas driving. The SaverOne system offers a sophisticated driver security answer that may determine and monitor cell phones positioned within the driver’s neighborhood and selectively block use of distracting functions that will grow to be life-threatening.

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Ahead Wanting Statements

This press launch accommodates “forward-looking statements” inside the that means of the Non-public Securities Litigation Reform Act and different securities legal guidelines which can be topic to substantial dangers and uncertainties. All statements, aside from statements of historic truth, contained on this press launch are forward-looking statements. Ahead-looking statements contained on this press launch could also be recognized by way of phrases reminiscent of “anticipate,” “consider,” “ponder,” “may,” “estimate,” “count on,” “intend,” “search,” “could,” “would possibly,” “plan,” “potential,” “predict,” “undertaking,” “goal,” “goal,” “ought to,” “will” “would,” or the unfavorable of those phrases or different comparable expressions, though not all forward-looking statements comprise these phrases. Ahead-looking statements are primarily based on SaverOne’s present expectations and are topic to inherent uncertainties, dangers and assumptions which can be tough to foretell. Additional, sure forward-looking statements are primarily based on assumptions as to future occasions that will not show to be correct. Many components may trigger SaverOne’s precise actions or outcomes to vary materially from the actions and outcomes anticipated in such forward-looking statements. Components that would trigger our precise outcomes to vary materially from these expressed or implied in such forward-looking statements embody, however will not be restricted to: the power of our know-how to considerably enhance the security of drivers; our deliberate stage of revenues and capital expenditures; our skill to market and promote our merchandise; our plans to proceed to spend money on analysis and growth to develop know-how for each present and new merchandise; our intention to advance our applied sciences and commercialization efforts; our intention to make use of native distributors in every nation or area that we’ll conduct enterprise to distribute our merchandise or know-how; our plan to hunt patent, trademark and different mental property rights for our merchandise and applied sciences in the US and internationally, in addition to our skill to keep up and shield the validity of our at the moment held mental property rights; our expectations relating to future modifications in our value of revenues and our working bills; our expectations relating to our tax classifications; interpretations of present legal guidelines and the passage of future legal guidelines; acceptance of our enterprise mannequin by buyers; the power to accurately determine and enter new markets; the influence of competitors and new applied sciences; common market, political and financial circumstances within the nations wherein we function; projected capital expenditures and liquidity; our intention to retain key staff, and our perception that we keep good relations with all of our staff; the influence of the COVID-19 pandemic, and ensuing authorities actions on us; and different dangers and uncertainties, together with these listed within the part titled “Threat Components” within the last prospectus on Kind 424b4 filed with the Securities and Trade Fee on June 6, 2022. Ahead-looking statements contained on this announcement are made as of this date, and SaverOne undertakes no obligation to replace such data besides as required underneath relevant legislation.

Worldwide Investor Relations Contact:
Ehud Helft
+1 212 378 8040
[email protected]

Israeli Buyers Contact:
Jonathan Eilat
[email protected]