New collaboration with Colmobil, importer of Mercedes-Benz, Mitsubishi and Hyundai in Israel | All Tech Sir

PETAH TIKVAH, Israel, in 2023 January 17 /PRNewswire/ — SaverOne 2014 Ltd . (Nasdaq: SVRE) (TASE: SVRE), a know-how firm centered on transportation security options, as we speak introduced a brand new collaboration with Colmobil, one of many world’s largest importers of automobiles and vans. Israel and the official importer of Mercedes-Benz, Mitsubshi and Hyundai autos into the nation.

Below the cooperation settlement, Colmobil will work with SaverOne to promote and set up the SaverOne system within the autos it rents out to its clients, in order that the driving force will not be distracted from utilizing the cell phone.

SaverOne CEO Mr Gilboa commented: “We’re very enthusiastic about this new collaboration with Colmobile, which will increase our potential buyer base and accessible market. This collaboration reveals that our technique is gaining momentum by including one other main participant to the Israeli market to have the ability to lease automobiles to its clients. pre-installed SaverOne System This demonstrates our rising market traction and acceptance of our SaverOne System accident and rescue answer.

Concerning the SaverOne system

The SaverOne system is put in in autos to handle the problem of driver distraction, which happens when drivers use distracting apps on their cell phones whereas driving in a manner that endangers their security and that of their passengers. This phenomenon is taken into account one of many most important causes of highway accidents on the earth. Based on the US Nationwide Freeway Visitors Security Administration, the annual prices of highway site visitors accidents in 2010 alone United Statesstanding about 870 billion {dollars} every year, not together with the prices of great damage or dying, and 1 / 4 of those accidents concerned the usage of cell phones whereas driving. SaverOne know-how particularly acknowledges the driving force’s location within the car and prevents the driving force from accessing distracting functions resembling messaging whereas permitting others (resembling navigation) to be accessed with out consumer intervention or consent, making a safer driving atmosphere.

Key goal markets for SaverOne embody business and personal car fleets keen on decreasing potential injury and excessive prices, car producers keen on integrating security options into their autos, and insurance coverage and leasing corporations. Initially, SaverOne is geared toward fleets, with a give attention to the Israeli, European and US markets, in addition to different international markets. SaverOne believes that the eventual elevated give attention to monitoring and prevention of auto mobile distraction programs, significantly on account of upcoming EU rules, is prone to have a dramatic optimistic influence on demand for its programs sooner or later.

The Firm’s technique is to offer its know-how for set up to clients within the secondary market, in addition to to strategy OEM automobile producers, to implement the Firm’s safety applied sciences through the car manufacturing course of.

About SaverOne

SaverOne is a know-how firm that designs, develops and markets OEM and aftermarket options and applied sciences to scale back and forestall car accidents.

The unique SaverOne product line is a set of options that save lives by stopping automobile accidents brought on by cell phone distraction whereas driving. SaverOne can be growing a sensor system for early location and path detection of weak highway customers (VRUs) in all visibility circumstances primarily based on their cell phone footprint.

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Ahead-looking statements
This press launch incorporates “forward-looking statements” Throughout the that means of the Personal Securities Litigation Reform Act and different securities legal guidelines which can be topic to important danger and uncertainty. All statements, aside from statements of historic reality, made on this press launch are forward-looking statements. Ahead-looking statements on this press launch may be recognized by phrases resembling “anticipate,” “imagine,” “suppose,” “might,” “estimate,” “anticipate,” “intend,” “search,” “might,” “may,” “plan,” “potential,” “anticipate,” “undertaking,” “objective,” “objective,” “ought to,” “will,” “would,” or the unfavorable of those phrases or different related expressions, though not all forward-looking statements embody these phrases. Ahead-looking statements are primarily based on SaverOne’s present expectations and are topic to uncertainties, dangers and assumptions which can be tough to foretell. As well as, sure forward-looking statements are primarily based on assumptions about future occasions that will show to be inaccurate. A lot of elements may trigger SaverOne’s precise efficiency or outcomes to vary materially from the efficiency and outcomes anticipated in such forward-looking statements. Components that might trigger our precise outcomes to vary materially from these expressed or implied in such forward-looking statements embody, however aren’t restricted to: the power of our know-how to materially enhance driver security; our projected stage of income and capital expenditures; our potential to market and promote our merchandise; our plans to proceed investing in analysis and improvement to develop applied sciences for each current and new merchandise; our intent to enhance our know-how and commercialization efforts; our intention to make use of native distributors in every nation or area during which we’ll do enterprise to distribute our merchandise or know-how; our plan to pursue patents, emblems and different mental property rights for our merchandise and applied sciences United States and internationally, in addition to our potential to keep up and shield the validity of our present mental property rights; our expectations relating to future adjustments in revenues and working bills; our expectations relating to our tax classification; interpretations of current legal guidelines and adoption of future legal guidelines; investor acceptance of our enterprise mannequin; the power to accurately determine 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; anticipated capital expenditure and liquidity; our intention to retain key staff and our perception that we keep good relationships with all of our staff; the influence on us of the COVID-19 pandemic and associated authorities actions; and different dangers and uncertainties, together with these listed within the “Threat Components” part of the ultimate prospectus on Kind 424b4 filed with the Securities and Trade Fee. in 2022 June 6. The forward-looking statements contained on this announcement converse as of the date hereof, and SaverOne undertakes no obligation to replace such data besides as required by relevant legislation.

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