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 expertise firm engaged in transportation security options, in the present day shared the next announcement made by the Israel Airports Authorities, operator of Ben Gurion Airport in Tel Aviv, a abstract of which seems beneath:

The preventing of site 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 so forth.

The expertise will assist forestall accidents within the operational space of Ben Gurion Airport, an space which is stuffed with autos 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 autos within the operational areas of Ben Gurion Airport.

The system put in within the car disables a driver’s means to make use of their mobile phone 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 mobile phone. The system solely impacts the motive force’s space, whereas different passengers are unrestricted and ready to make use of their cellphones as typical.

To this point, the SaverOne system has additionally been put in by the Israel Electrical Firm, Osem, Tnuva, Strauss, ICL, Electra Afikim, in addition to different firms.

Hagai Topolansky, CEO of the Israel Airport Authority, who instructed that the pilot must be carried out, commented, “An necessary component in bettering our companies, is the deal with security in our operational areas and the advance of companies that we offer to the planes and airways. We intend to battle accidents that could 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 significant gear the place probably an accident will probably be very pricey. Drivers use their telephones for managing their workload and our system will be certain that that is performed safely they usually 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 look ahead to working intently 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 programs may be put in in non-public autos, vehicles and buses and supply an answer to the issue of driver distraction away from the highway, that outcomes from drivers utilizing particular distracting functions on the cellular system whereas driving, in a means that endangers their security and the protection of passengers. This phenomenon is taken into account one of many major causes of highway accidents on the planet. In keeping with the US Nationwide Freeway Site visitors Security Administration, the annual value of highway accidents simply in the USA, stands at about $870 billion every year, excluding the prices of significant damage or dying, with 1 / 4 of these accidents estimated to be associated to the usage of the cellular system whereas driving.

SaverOne’s expertise particularly acknowledges the motive force space within the car and prevents the motive force from accessing distracting functions equivalent to messaging whereas permitting navigation, with out consumer intervention or consent, making a safer driving setting.

SaverOne’s main goal markets embrace business and personal car fleets, in addition to insurance coverage and leasing firms which can be very concerned about decreasing potential damages and important prices. SaverOne is initially addressing automobile fleets with deal with the Israeli, European and US markets, in addition to different markets around the globe. SaverOne believes that in the end elevated deal with monitoring and prevention of mobile distraction programs in autos, specifically pushed by upcoming anticipated EU regulation, will seemingly have a dramatic optimistic affect on the demand for its programs 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 expertise firm engaged within the design, growth and commercialization of transportation security options designed to avoid wasting lives by stopping automobile accidents ensuing from distraction, by way of cellphones whereas driving. The SaverOne system offers a complicated driver security resolution that may establish and monitor cellphones situated within the driver’s neighborhood and selectively block use of distracting functions that will grow to be life-threatening.

Be taught extra at https://saver.one/

Ahead Trying Statements

This press launch incorporates “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, apart from statements of historic reality, 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 equivalent to “anticipate,” “imagine,” “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 related expressions, though not all forward-looking statements include these phrases. Ahead-looking statements are based mostly 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 based mostly on assumptions as to future occasions that won’t 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. Elements that might trigger our precise outcomes to vary materially from these expressed or implied in such forward-looking statements embrace, however aren’t restricted to: the flexibility of our expertise to considerably enhance the protection of drivers; our deliberate degree of revenues and capital expenditures; our means to market and promote our merchandise; our plans to proceed to put money into analysis and growth to develop expertise 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 expertise; our plan to hunt patent, trademark and different mental property rights for our merchandise and applied sciences in the USA and internationally, in addition to our means to keep up and defend the validity of our at present 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 traders; the flexibility to accurately establish and enter new markets; the affect of competitors and new applied sciences; common market, political and financial situations within the international locations wherein we function; projected capital expenditures and liquidity; our intention to retain key workers, and our perception that we keep good relations with all of our workers; the affect of the COVID-19 pandemic, and ensuing authorities actions on us; and different dangers and uncertainties, together with these listed within the part titled “Danger Elements” within the remaining prospectus on Type 424b4 filed with the Securities and Alternate 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 info besides as required beneath relevant legislation.

Worldwide Investor Relations Contact:
Ehud Helft
+1 212 378 8040

Israeli Buyers Contact:
Jonathan Eilat


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