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Abu Dhabi The Integrated Transportation Center is part of the Department of Transportation and operates 900 public buses and thousands of school buses
Petah Tikva Israel, May 4, 2023 /PRNewswire/ — SaverOne 2014 Limited (NASDAQ: serious) (TASE: SVRE), a technology company engaged in transportation security solutions, is pleased to announce the successful conclusion of a pilot demonstration with the Integrated Transportation Center (ITC), the Abu Dhabi Ministry of Communications.
The demonstration follows the installation of the SaverOne protection system on a limited number of ITC buses in recent months Abu Dhabi Includes many senior ITC staff reviewing the functioning and functioning of the system. According to a summary of the pilot written by ITC, the demonstration demonstrates the effectiveness of the SaverOne system in improving road safety by preventing distracted driving from the use of mobile phones on ITC’s public transport buses without interfering with traffic on the bus. any other system.
The immediate potential of installing the SaverOne system is that the entire fleet Abu Dhabi 900 public transport buses.Given the thousands of school buses in operation across the country on a daily basis, there is further potential and eventually SaverOne aims to offer the SaverOne system throughout the country united arab emirates.
according to a report Abu Dhabi Police said in 2020 that cell phone use while driving is the leading cause of crashes in the country, accounting for more than 27% of all crashes in the country. The government has imposed strict laws to crack down on cellphone use while driving through fines, jail terms and the confiscation of driver’s licenses. In addition, the country intends to promote regulation, requiring public transportation to install advanced safety systems to prevent and combat distracted driving.
International Trade Commission according to Abu Dhabi The Ministry of Transport aims at a smart, integrated and sustainable transport sector, responsible for operating public transport Abu Dhabi And is committed to ensuring that passengers have a safe and efficient transportation experience.Following the successful conclusion of the trial, the ITC representative commented that the demonstration was successful, the system worked well and made recommendations for specific customization Abu Dhabi bus system.
gentlemen. Calaf FarasiCEO of ezDevSoft Technologies and SaverOne at united arab emiratesadding, “The successful conclusion of the pilot marks an important milestone in strengthening security measures Abu Dhabi public transport network.We are proud to be an integral part of the program and to be a SaverOne partner united arab emirates, which will make a significant contribution to road safety across the region. SaverOne’s system is an innovative solution to a growing problem, and we look forward to working to ensure its success and widespread deployment. “
“The SaverOne system is in some Abu Dhabi Public buses represent a very important milestone for us in terms of our global expansion” commented or gilpoCEO of SaverOne. “We look forward to expanding the Abu Dhabi Integrated Transport Centre, and applaud their efforts to improve road safety with our unique advanced technology, which will ultimately save lives in the country. The public transport sector is a key vertical we’re focusing on at SaverOne, with the potential to protect millions of vehicles around the world, representing significant long-term growth potential for SaverOne. Our system provides an effective solution to prevent today’s most important cause of accidents: distracted driving caused by cell phone use, and this early international partnership greatly expands our reach. “
About SaverOne System
SaverOne’s system is installed in vehicles to address driver distraction as drivers use distracting apps on their phones while driving, endangering their safety and that of their passengers. This phenomenon is considered to be one of the main causes of road accidents in the world.According to the National Highway Traffic Safety Administration, the annual cost of road accidents is only U.S.standing about $870 billion Each year, excluding the cost of serious injury or death, an estimated one in four accidents is related to cell phone use while driving. SaverOne’s technology specifically identifies the driver’s zone in the vehicle and prevents the driver from accessing distracting apps like Messages, while allowing others (such as navigation) to create a safer driving environment without user intervention or consent.
SaverOne’s primary target markets include commercial and private fleets interested in reducing potential damage and significant costs, automakers interested in integrating safety solutions into their vehicles, and insurance and leasing companies. SaverOne initially focuses on fleets in the Israeli, European and American markets, as well as other markets around the world. SaverOne believes that an eventual increased focus on monitoring and preventing cellular distraction systems in vehicles, particularly driven by upcoming and expected EU regulations, could have a huge positive impact on future demand for its systems.
The company’s strategy is to provide installation technology to aftermarket customers, and to OEM automakers to install the company’s protection technology during vehicle manufacturing.
About Shoichi
SaverOne is a technology company that designs, develops and commercializes OEM and aftermarket solutions and technologies to reduce and prevent the risk of vehicle accidents.
SaverOne’s initial product line was a suite of solutions that saved lives by preventing crashes caused by distracted driving with cell phones. SaverOne is also developing a sensor system for early localization and direction detection via mobile phone footprints in all visibility conditions for Vulnerable Road Users (VRU).
to know more information https://saver.one/
about ezDevSoft Technology
ezDevSoft is a UAE-based technology and solutions company providing consulting, product engineering and software development services. Our experienced team has been delivering end-to-end IT solutions and services of the best quality, value and innovation to large, medium and small businesses.
For more information, please visit: https://ezdevsoft.net/
about Integrated Transportation Center Abu Dhabi
The Integrated Transport Center (ITC) was established under the laws promulgated by HH Sheikh Khalifa bin Zayed Al Nahyanin his capacity as ruler of the emirate Abu Dhabiexist November 2016, not in the law amendment. No. 19 of 2006 Regarding Taxi Regulation in the UAE Abu Dhabi. The ITC is part of and supervised by the Ministry of Municipalities and Transport. The ITC is the responsible entity for operating public transport and managing parking spaces, traffic monitoring centres, axle load stations, freight ground transport logistics facilities and the road sector according to the approved transport plan, thereby enhancing the quality of services provided by the sector.In addition to supporting the Abu Dhabi government’s efforts towards balanced and holistic development, the development aims to foster a smart, integrated and sustainable transport sector in the UAE Abu Dhabi.
forward-looking statement
This press release contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act and other securities laws that are subject to significant risks and uncertainties. All statements, other than statements of historical fact, contained in this news release are forward-looking statements.Forward-looking statements contained in this press release include, but are not limited to, statements regarding the closing of the Private Placement and the satisfaction of customary closing conditions related to the Private Placement, and can be identified by the use of words such as “expects,” “believes,” “considers,” “may”, “estimate”, “expect”, “intend”, “seek”, “may”, “may”, “plan”, “potential”, “forecast”, “project”, “goal”, ” “intends”, “should”, “will”, “will” or the negative of these words or other similar expressions, although not all forward-looking statements contain these words. Forward-looking statements are based on SaverOne’s current expectations and are subject to unpredictable inherent uncertainties, risks and the effects of assumptions. In addition, certain forward-looking statements are based on assumptions about future events, which assumptions may prove to be inaccurate. A number of factors could cause SaverOne’s actual activities or results to differ from such forward-looking The activities and results anticipated in such forward-looking statements may differ materially. Factors that could cause our actual results to differ materially from those expressed or implied in such forward-looking statements include, but are not limited to: safety; our planned levels of revenue and capital expenditures and our ability to continue as a going concern; our technology’s ability to significantly improve driver safety; our ability to market and sell our products; and new product development technologies; we intend to advance our technology and commercialization efforts; we intend to use local distributors to distribute our products or technologies in each country in which we will operate; and technology seeking patents, trademarks and other intellectual property U.S. Internationally, and our ability to maintain and protect the validity of the intellectual property rights we currently hold; our expectations for future changes in our cost of revenues and operating expenses; our expectations for tax classifications; the interpretation of existing laws and the passage of future laws ; investor acceptance of our business model; ability to properly identify and enter new markets; the impact of competition and new technologies; general market, political and economic conditions in the countries in which we operate; projected capital expenditures and liquidity; our retention the intentions of key employees, and our belief in maintaining good relations with all employees; any resurgence of the COVID-19 pandemic and its impact on our business and industry; and other risks and uncertainties, including, but not limited to, the Company’s April 27, 2023 and subsequent filings with the Securities and Exchange Commission. The forward-looking statements contained in this announcement are made as of this date and SaverOne undertakes no obligation to update such information, except as required by applicable law.
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