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SaverOne 2014 | 6-K: Report of foreign private issuer [Rules 13a-16 and 15d-16]

SEC announcement ·  Feb 5 08:27
Summary by Moomoo AI
SaverOne 2014 Ltd., a technology company specializing in transportation safety solutions, has announced a significant contract with Egged Tours, a leading Israeli transportation company, to install their Driver Distraction Solution System on 300 buses. The installation process will begin with 80 systems in the coming month, followed by an additional 220 systems. Egged Tours, a subsidiary of Egged Transportation which operates Israel's largest bus fleet, has chosen SaverOne's system to enhance road safety by reducing driver distraction caused by mobile phone usage. Ori Gilboa, CEO of SaverOne, expressed pride in the partnership, emphasizing the strategic importance of their solution in the transportation sector. Saadi Mohand Hamudi, VP Operation and Movement at Egged Tours, highlighted the system's alignment with their priority of...Show More
SaverOne 2014 Ltd., a technology company specializing in transportation safety solutions, has announced a significant contract with Egged Tours, a leading Israeli transportation company, to install their Driver Distraction Solution System on 300 buses. The installation process will begin with 80 systems in the coming month, followed by an additional 220 systems. Egged Tours, a subsidiary of Egged Transportation which operates Israel's largest bus fleet, has chosen SaverOne's system to enhance road safety by reducing driver distraction caused by mobile phone usage. Ori Gilboa, CEO of SaverOne, expressed pride in the partnership, emphasizing the strategic importance of their solution in the transportation sector. Saadi Mohand Hamudi, VP Operation and Movement at Egged Tours, highlighted the system's alignment with their priority of passenger and driver safety. SaverOne's system is designed to prevent drivers from accessing distracting applications while driving, without requiring user intervention. The company targets commercial and private vehicle fleets, vehicle manufacturers, and insurance and leasing companies, focusing on markets in Israel, Europe, the US, and globally. The announcement was made on February 5, 2024, and was filed with the SEC as part of a Form 6-K report.

This announcement is a separate document:

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