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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 this time 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 combating 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 stop drivers from utilizing their cell telephones, sending messages, and so forth.

The know-how will assist stop accidents within the operational space of Ben Gurion Airport, an space which is filled 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 potential 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 in a position to make use of their cellphones as normal.

Up to now, 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 needs to be carried out, commented, “An essential component 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 brought on by 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 doubtlessly an accident might be very pricey. 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 throughout 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 all over the world to scale back accidents brought on by distracted drivers inside their delicate operational areas.”

In regards to 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 street, that outcomes from drivers utilizing particular distracting functions on the cell system whereas driving, in a means that endangers their security and the security of passengers. This phenomenon is taken into account one of many most important causes of street accidents on this planet. In keeping with the US Nationwide Freeway Site visitors Security Administration, the annual value of street accidents simply in the USA, stands at about $870 billion annually, excluding the prices of great damage or loss of life, with 1 / 4 of these accidents estimated to be associated to the usage of the cell system whereas driving.

SaverOne’s know-how 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 person intervention or consent, making a safer driving setting.

SaverOne’s major goal markets embody business and personal car fleets, in addition to insurance coverage and leasing firms which can be very desirous about lowering 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 all over the world. SaverOne believes that in the end elevated concentrate on monitoring and prevention of mobile distraction programs in autos, specifically pushed by upcoming anticipated EU regulation, will probably have a dramatic constructive influence 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 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 means of cellphones whereas driving. The SaverOne system gives a sophisticated driver security resolution that may establish and monitor cellphones positioned within the driver’s neighborhood and selectively block use of distracting functions which will change into life-threatening.

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Ahead Trying Statements

This press launch accommodates “forward-looking statements” throughout the which 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 truth, contained on this press launch are forward-looking statements. Ahead-looking statements contained on this press launch could also be recognized by means of phrases equivalent to “anticipate,” “imagine,” “ponder,” “might,” “estimate,” “anticipate,” “intend,” “search,” “might,” “may,” “plan,” “potential,” “predict,” “undertaking,” “goal,” “intention,” “ought to,” “will” “would,” or the unfavourable of those phrases or different comparable 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 might trigger SaverOne’s precise actions or outcomes to vary materially from the actions and outcomes anticipated in such forward-looking statements. Elements 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 degree of revenues and capital expenditures; our potential 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 USA and internationally, in addition to our potential to take care of and shield the validity of our at the moment held mental property rights; our expectations concerning future adjustments in our value of revenues and our working bills; our expectations concerning 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 appropriately establish and enter new markets; the influence of competitors and new applied sciences; normal market, political and financial circumstances within the international locations during which we function; projected capital expenditures and liquidity; our intention to retain key staff, and our perception that we preserve 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 Elements” within the last prospectus on Kind 424b4 filed with the Securities and Change 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 underneath relevant regulation.

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

Israeli Buyers Contact:Jonathan Eilat[email protected]

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