SaverOne 2014 Ltd. (NASDAQ:SVRE, TASE: SVRE))))) (“SaverOne” or the “Company”), a technology company engaged in transportation safety solutions, today announced new pilot agreements with some of Israel’s leading companies including the Israeli branches of leading global companies, building on the Company’s existing strong market traction.
The Company has launched several new pilots to install its SaverOne protection system, preventing drivers from distracting and dangerous mobile phone use while driving. These recent pilots include a leading manufacturer and distributer of beverages, Tempo; a public medical support services company, Novolog; a portable storage company, Flex Storage; Israel’s main telecom group, Bezeq; and Israel’s leading cellphone operator, Cellcom. The fleets of these companies total over one thousand vehicles. These agreements follow earlier pilots with leading companies including Osem-Nestle, Kimberly Clark Israel, Redimix, Brimag, Mifalei Tovala, H.Y. and Paz Mobil.
“We continue to build momentum in expanding our customer base,” commented Ori Gilboa, CEO of SaverOne. “We are very pleased with the recent progress, launching new pilots that significantly expand our addressable markets. These pilots are a major step towards commercial agreements and we believe that they are also a demonstration of the success of our vertically focused approach. This approach focuses on verticals such as technicians, heavy delivery, hazardous materials and public transportation. These verticals have unique characteristics which make our solution more relevant, including significant mileage on the road and significantly higher potential impact, should an accident occur.”
Continued Mr. Gilboa, “Furthermore, as part of our global strategy, many of our agreements are with the local Israeli branches of international companies. This, we believe will support our international expansion as we demonstrate the significant value we bring to their Israeli subsidisaries.”
