Israel Airports Authority Announces Installation of SaverOne Systems to Fight Traffic Accidents

Preliminary pilot in the operational region of Ben Gurion Airport

PETAH TIKVAH, Israel, Sept. 15, 2022 /PRNewswire/ —  SaverOne 2014 Ltd. ( Nasdaq: SVRE) (TASE: SVRE), a technological innovation enterprise engaged in transportation security alternatives, nowadays shared the pursuing announcement designed by the Israel Airports Authorities, operator of Ben Gurion Airport in Tel Aviv, a summary of which appears below:

The fighting of traffic accidents with the assist of the SaverOne method in Israel: an initial pilot in the operational parts of Ben Gurion Airport will stop drivers from using their cell telephones, sending messages, etc.

The technologies will assist stop incidents in the operational region of Ben Gurion Airport, an place which is comprehensive of cars and planes.

The SaverOne method, from an Israeli early-phase organization with a solution for avoiding cellular telephone distraction whilst driving, was installed as a pilot trial in cars in the operational regions of Ben Gurion Airport.

The process installed in the auto disables a driver’s means to use their cell mobile phone while driving, except for receiving incoming calls, navigation and listening to songs. The edge of the pilot is that it does not interfere with acquiring operate directions but does not let unwanted active use of the mobile cellphone. The technique only affects the driver’s location, although other travellers are unrestricted and able to use their cell phones as typical.

To day, the SaverOne method has also been mounted by the Israel Electrical Enterprise, Osem, Tnuva, Strauss, ICL, Electra Afikim, as perfectly as other organizations.

Hagai Topolansky, CEO of the Israel Airport Authority, who instructed that the pilot should be implemented, commented, “An essential ingredient in strengthening our solutions, is the aim on basic safety in our operational spots and the enhancement of companies that we give to the planes and airways. We intend to battle accidents that may well be triggered by human distraction with the support of highly developed technologies, combined with innovation and performance for passenger company.”

Following the announcement, Mr. Gilboa, CEO of SaverOne commented, “This represents our initially penetration into an airport, a shut facility with hugely delicate, high-priced, and crucial equipment where most likely an incident will be very high priced. Motorists use their telephones for controlling their workload and our procedure will assure that this is done properly and they can travel devoid of distraction within the delicate regions of the airport. Airports are another hugely strategic marketplace for us and we see this as a to start with penetration into another vertical. We seem ahead to functioning carefully with other airport authorities all-around the planet to decrease mishaps induced by distracted drivers within their sensitive operational locations.”  

About the SaverOne Method

SaverOne programs can be put in in non-public vehicles, trucks and buses and deliver a remedy to the trouble of driver distraction away from the road, that results from motorists applying distinct distracting programs on the cellular unit though driving, in a way that endangers their security and the protection of travellers. This phenomenon is regarded as 1 of the major leads to of street accidents in the entire world. In accordance to the US Countrywide Highway Targeted traffic Safety Administration, the yearly price of road incidents just in the United States, stands at about $870 billion each and every 12 months, excluding the expenses of major harm or death, with a quarter of those people incidents believed to be associated to the use of the cell device when driving.

SaverOne’s know-how precisely acknowledges the driver region in the automobile and helps prevent the driver from accessing distracting programs this sort of as messaging though letting navigation, with out person intervention or consent, building a safer driving natural environment.

SaverOne’s principal concentrate on markets include professional and non-public automobile fleets, as well as insurance and leasing businesses that are incredibly intrigued in lessening prospective damages and sizeable fees. SaverOne is to begin with addressing motor vehicle fleets with target on the Israeli, European and US markets, as effectively as other marketplaces all-around the globe. SaverOne believes that ultimately greater concentrate on checking and avoidance of cellular distraction techniques in cars, in particular driven by upcoming predicted EU regulation, will very likely have a remarkable optimistic effects on the desire for its methods in the foreseeable future. The Firm’s for a longer period-term technique is to handle auto suppliers, to install the Firm’s safety systems in the car production course of action as an OEM.

About SaverOne

SaverOne is a engineering organization engaged in the design, progress and commercialization of transportation security methods made to save lives by avoiding car incidents resulting from distraction, by the use of cell phones although driving. The SaverOne process presents an advanced driver protection alternative that can detect and keep track of cellular telephones positioned in the driver’s vicinity and selectively block use of distracting apps that may possibly grow to be everyday living-threatening.

Master more at https://saver.one particular/

Ahead Looking Statements

This press launch consists of “ahead-wanting statements” within the meaning of the Personal Securities Litigation Reform Act and other securities legislation that are topic to significant threats and uncertainties. All statements, other than statements of historic point, contained in this press launch are forward-wanting statements. Forward-on the lookout statements contained in this push release may possibly be identified by the use of terms this sort of as “anticipate,” “think,” “ponder,” “could,” “estimate,” “be expecting,” “intend,” “search for,” “may well,” “might,” “prepare,” “probable,” “predict,” “task,” “target,” “intention,” “really should,” “will” “would,” or the adverse of these text or other comparable expressions, though not all forward-looking statements comprise these words and phrases. Forward-looking statements are based mostly on SaverOne’s present-day anticipations and are subject to inherent uncertainties, risks and assumptions that are difficult to forecast. Additional, specified ahead-on the lookout statements are primarily based on assumptions as to upcoming gatherings that may possibly not establish to be exact. Many things could result in SaverOne’s precise things to do or results to differ materially from the pursuits and final results anticipated in these forward-seeking statements. Aspects that could lead to our real benefits to vary materially from people expressed or implied in this kind of forward-searching statements contain, but are not limited to: the skill of our know-how to considerably boost the protection of motorists our planned level of revenues and money expenditures our ability to marketplace and market our items our ideas to continue on to spend in investigate and advancement to build technological know-how for each existing and new solutions our intention to progress our systems and commercialization endeavours our intention to use neighborhood distributors in every place or region that we will conduct company to distribute our solutions or engineering our strategy to search for patent, trademark and other mental residence legal rights for our items and systems in the United States and internationally, as nicely as our capability to manage and protect the validity of our at this time held intellectual residence rights our expectations concerning future changes in our charge of revenues and our working expenses our expectations regarding our tax classifications interpretations of present regulations and the passage of potential guidelines acceptance of our business enterprise model by buyers the potential to correctly identify and enter new marketplaces the effects of opposition and new systems standard industry, political and financial situations in the nations around the world in which we operate projected capital expenditures and liquidity our intention to keep key staff members, and our perception that we retain superior relations with all of our workers the influence of the COVID-19 pandemic, and resulting federal government steps on us and other risks and uncertainties, which includes these detailed in the area titled “Possibility Variables” in the remaining prospectus on Sort 424b4 submitted with the Securities and Trade Commission on June 6, 2022. Ahead-searching statements contained in this announcement are designed as of this date, and SaverOne undertakes no duty to update these types of data except as expected under applicable legislation.

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

Israeli Buyers Get in touch with:
Jonathan Eilat
[email protected]

Supply SaverOne